Think about this for second...
We have spent a lot of money minting Xen. At least on Ethereum alone, over $75 million has been spent minting Xen and yet the marketcap of Xen is not even up to $20 million.
Why is that?
I think the price of Xen will keep dropping if we don't buy Xen. But that is also a very naive position to take on this issue. The only thing that will save us is when simply mint and destroy Xen. Yes, don't just mint and go to the Exchange to dump it on buyers. You are being greedy and you are devaluing Xen in the process.
Mint and destroy the Xen using powerful projects in the ecosystem like DBXEN, XEN.game Xen Garbage Dump, XEN PEPE, TGXEN etc.
This will keep the value of Xen up and make sure the coin is not dropping into oblivion. These are my thoughts though. What do you think?
Let's dive deep into the recent Xen token burns and their implications. Discuss the mechanics of token burning, how it affects supply and demand, and the potential consequences for Xen's value and utility. Share your insights and any data you may have collected.
