We Have Completed Our 16Th Quarterly Bnb Token Burn Of 1,296,728 Bnb (Roughly $393,673,653.52 Equivalent).
The two coin burns add up to a total of roughly $1 billion of bnb destroyed. The latest bnb coin burn was the largest to date. The latest quarterly burn includes the actual burning of 1,291,565 bnb, plus an additional 5,163 bnb that was effectively burned via the pioneer burn program.
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Binance has completed its 15th quarterly coin burn of binance coin (bnb) 1,099,888 bnb valued at $0.595 billion was destroyed. 16th binance coin burn is nearly here. Kane dane july 8, 2021 binance coin,.
The Company Has Burnt A Large Number Of Bnb Coins Since The Start Of This Year.
Binance coin (bnb) $432.14 (1.23 %) view coin. The reduction in supply is bullish for the long term value of bnb. Since then, together with many other cryptocurrencies, binance coin was gaining value.
Please Make Your Trades Cautiously.
During the last coin burn in july 2021, 1’296’728 bnb coins with a value of $393’673’654 were destroyed, which amounts to 0.65% of the total coin supply. Binance has regularly performed these burning events. To make money on cryptocurrency, buy coins at the lowest price and sell when the rate reaches its maximum.
One Of The Major Reasons Behind Bnb’s 700% Jump In 2021 Is The Binance Coin Burn.
Of course, throughout the month, there will be oscillations, as shown below. In the first half of 2021, binance coin was growing quicker than most other big cryptocurrencies. Binance will continue to burn 100,000,000 bnb in this manner.