Gemini Burns One Fifth Of It's Supply

Gemini is still a name in crypto land that gets notice.

Lately I have often been seeing some coins burn extra supply in order to try and bring the price of each coins value up. This has been working well and is almost a necessary step in order to build demand in these low price environments.

On Dec. 3rd Over 1 million GUSD was burned. That leaves the remaining supply of Gemini now at 4.1 million GUSD

Gemini dollar launched September of last year and well no matter how good your coin or product might be if the market is in a bad state unfortunately it just won't do well. Timing is a critical part of launching something in terms of building a business and product.

You should look at ever coin launch as a new business and look to see what it provides as well solves. Is it worth the investment and how are the markets at this time ?

All of these things are important factors when investing.