In cryptocurrency, the ecosystem plays a crucial role in maximizing the use case of a native token or coin. Without a strong use case, no token or coin can achieve a significant market cap in the long term.
Business growth largely depends on supply and demand, which is why Lexialgo places a strong emphasis on this aspect.
In a decentralized blockchain network, trust among participants is unnecessary. Every member holds a copy of the exact same data in the form of a distributed ledger.
When a cryptocurrency community wants or needs to reduce the supply of a specific cryptocurrency, they use a process called coin burning, which involves intentionally destroying units of that cryptocurrency
Smart contract tokenomics builds trust within the community by ensuring that locked tokens cannot be used to manipulate the market.