Is the burn of $HEI a bullish signal? It's just a sweet-coated trap.
Burning 16.5 million tokens is merely torching the funds intended for Polkadot, not a genuine buyback from the secondary market with real capital. What's more critical is that the total supply of HEI will keep inflating from 66 million to 100 million, with an additional 40 million tokens ready to hit the market and create selling pressure. This violent pump is clearly orchestrated to spike prices for offloading.
Deflation is a distant dream, but the imminent flood is a real concern. I've already shorted, just waiting for the unlocking tide to crash through the order book!🧊$HEI
Burning 16.5 million tokens is merely torching the funds intended for Polkadot, not a genuine buyback from the secondary market with real capital. What's more critical is that the total supply of HEI will keep inflating from 66 million to 100 million, with an additional 40 million tokens ready to hit the market and create selling pressure. This violent pump is clearly orchestrated to spike prices for offloading.
Deflation is a distant dream, but the imminent flood is a real concern. I've already shorted, just waiting for the unlocking tide to crash through the order book!🧊$HEI