RE: Cub's Blazing Progress: Token Burns, Deflationary Flipping, and Exciting News on the Horizon
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Waiting for the report.
But I'm just wondering what would be your response to the comment made by @lbi-token which is heavily invested into Leo and cub.
Why would you buy more CUB when you've already lost so much on it? There are hundreds of better crypto to invest in.
I get buying back and burning as a promo thing. It sounds really nice but the problem is they buy back in hopes the price increases, right? When the price increases, they can't buy back as many and CUB becomes inflationary again. They only explain 1 side of the story. They dont tell you that increasing prices means they can't buy back as many CUB.
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And the price never increased because burning tokens does not create buying demand, just means there are fewer in circulation.