from what i have seen in the crypto related facebook group, they way of we see the burn is the scarcity of the token or coin, and also less supply means higher price when there is bigger demand.

in some cases those burn might really works well, just like how Cake and BNB are doing, price spike after the burning. that is why we see it taht way, not looking at the growth can really outperform the inflation rate just like you ethereum example

Posted Using LeoFinance ^Beta