The next 1000x crypto giant will be the one that is most deflationary

$Abomination

$Abomination

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I think we are transitioning into cryptos that burn more and more. There are a few rules though. The burn must come from the community, and not the core team. The burn must be incentivized (cannot be voluntary burning like Shib). The burn must be slow and continuous (to constantly encourage new buyers - otherwise if burning stops, there's no incentive for newer investors). The burn must be substantial - anything that is at least a whole percent of total supply per year - otherwise the price appreciation effects won't be noticeable.

I've only seen one project that successfully meets all the above criteria. Ice Open Network, fork of TON. 25 Million MC rn and mainnet launches in 3 weeks...

I'm all in.

Screenshot 20240911 203155
 
Dnrd crypto is gambling
 
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Reactions: Roquefort and qazw
He might be fully holding real assets, in which case he is fine
I'm not gonna argue with people that need physical items to invest.
 
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absolute bullshit. deflation is total crap if you understand maths
 
absolute bullshit. deflation is total crap if you understand maths
Community members burn their coins. The coins they burned can't be sold. This helps reduce sell pressure. Not bullshit. It helps the coins retain value. Makes it easier to moonshot as well.
 
no meme value = it wont moon
 

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