Buyback & Burn is the new Ponzi Theater, people.
Let’s get this straight:
Most “Buyback & Burn” programs in Web3 aren’t tokenomics.
They’re marketing. And most of you are falling for it.
Here’s why the meta is broken 👇

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Pi Network, which started with mobile mining, after waiting for more than six years, finally opened its <mainnet> on February 20 this year and simultaneously listed on multiple well-known exchanges.

Within a week after its launch, the Pi coin price once approached $3, but then continued to decline. After entering April, it oscillated in the $0.6 range for over a month, until mid-May when rumors spread in the community that the Pi Network official would make a major announcement at the recently concluded <Consensus> 2025 conference, which then reignited the coin's price, momentarily reaching $1.67...

Pi coin plummeted 60% in a week! The community's expectation of "DApp ecosystem launch failed" Pi Network faces a test of trust

As Bitcoin surges to $100,000, the behavior patterns of long-term and short-term holders are quietly changing, with some investors choosing to take profits, and the market may face short-term pressure testing.

Diamond hands are starting to sell, with the LTH average cost rising abnormally
On-chain data analyst Murphy pointed out today that the average cost of Bitcoin's long-term holders (LTH) has been rapidly increasing, currently reaching around $31,000, caused by two reasons:
- Some short-term holders (STH) who entered at high prices are converting to long-term holders, pushing up the overall cost;
- Meanwhile, some long-term low-cost chips in the market are...

Diamond Hands are now on sale! The cost of long-term Bitcoin holders has surged by nearly 10%, indicating that a temporary high point is coming?

[BTG Alpha Earnings Crush Airdrop Track, Is Farming Alpha Better Than Farming Airdrops?]
My lord, the era has changed once again.
After the tariff turmoil, the market has cyclically shifted from bearish to bullish, and besides cryptocurrency price fluctuations and sporadic project highlights, there is now a main storyline running through crypto users' daily lives - how many points did you earn on Binance Alpha today?
According to <X> user @btguagua's statistics, after the points system went online on April 25, by May 15, Binance has already been conducting activities for users in the form of "airdrops + TGE events"...

Binance Alpha's returns crush the airdrop track. Is it better to make money than to make money from alpha?

7/ Here’s the real alpha:
Burns are only bullish if your token is used, in demand, and scarce by design.
If you're using buybacks to cover weak demand, bad design, or dying products:
You're not deflationary.
You're just desperate.

8/ If you're a founder reading this:
Stop burning for headlines
Start building for holders.
And if you're a token holder:
Look past the fire.
Ask: Would this token still be valuable if they stopped burning it tomorrow?
Most of the time, the answer is no.