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Author Topic: CREAM Finance made a massive token burn  (Read 1981 times)

Offline Oxumare

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CREAM Finance made a massive token burn
« on: September 21, 2020, 10:53:54 AM »
Burned 67% of CREAM tokens, which means that more than $ 6 million of CREAM tokens will disappear forever once the burning is complete.
In my opinion, a convergence of this magnitude can have two consequences: either it means a significant loss of market value (in case the project has underlying value or a lack of trust), or the price of each token increases when there is an aim to match the new supply with the market value.
When I increased 130%, I sold the CREAM tokens in the wallet. I think this was an increase that should be evaluated.

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CREAM Finance made a massive token burn
« on: September 21, 2020, 10:53:54 AM »

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Re: CREAM Finance made a massive token burn
« Reply #1 on: September 22, 2020, 08:38:26 PM »
Well. I just heard about Cream token, what is unique about this token? so burned token can provide advantages and disadvantages?
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