#美联储重启降息步伐 Aster directly burned 80 million tokens. In theory, the deflationary mechanism should have pushed the price up, but the price kept going down📉 What’s going on here?



Is the market not buying into the burn, or are there other fundamental issues? Can someone analyze this?
ASTER-1.36%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
MetaverseHomelessvip
· 12-07 23:59
Burning is burning, but if the fundamentals are bad, no amount of burning will help.
View OriginalReply0
LazyDevMinervip
· 12-07 19:05
Burning can't save coins with poor fundamentals; that's the reality.
View OriginalReply0
NFTArtisanHQvip
· 12-06 20:20
the tokenomics narrative is dead, friend. one might argue that mass burn events have become the new mechanical reproduction—performative gestures devoid of actual scarcity signaling. market's read the meta differently now.
Reply0
小赚1个亿米vip
· 12-05 01:30
Shorting is the right move.
View OriginalReply1
gas_fee_traumavip
· 12-05 00:59
Burned 80 million and still dropped? This really shows there’s something wrong with the fundamentals. Just burning tokens isn’t enough to drive it up.
View OriginalReply1
LiquidityNinjavip
· 12-05 00:56
Even burning can't save it, which means there's a fundamental problem with the project itself.
View OriginalReply1
ser_aped.ethvip
· 12-05 00:52
Destroying this thing stopped working a long time ago; retail investors have already seen through it.
View OriginalReply1
TokenomicsDetectivevip
· 12-05 00:44
Burned 80 million and it's still dropping? Just how many people are selling, haha.
View OriginalReply1
GateUser-a606bf0cvip
· 12-05 00:38
Burned 80 million tokens and it's still dropping, which shows that everyone in the crypto space is paying attention to fundamentals now. Simply burning tokens doesn't work anymore.
View OriginalReply1
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)