Buy back and Burn

Cryptocurrency buy back and burns are becoming all to common these days. Quarterly, Weekly or even daily burns makes certain cryptocurrencies look more attractive. The idea is to basically to decrease the circulating supply. If we decrease the supply while the demand increases then we will see a price rise.

It isn't that simple though. There are many other factors that affect prices. I some cases purely the news of the burn is the only factor that raises the price.

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