🔥 BNB Burns $1.2 Billion Worth of Tokens!
$BNB
completed its 37th quarterly Auto-Burn on October 19, permanently removing 1,646,196 $BNB worth around $1.2 billion from circulation.
So far, 68.49 million BNB have been burned, leaving 131.51 million in supply. The long-term target is 100 million BNB, with the next burn expected around January 2027.
📊 Market Update: $BNB is trading around $741, while Bitcoin dominance has reached 60.5%. The overall market remains cautious, although ADA recently showed a short-term rebound.
💡 BNB burns reduce supply, but they don't guarantee a price increase. Market demand and overall sentiment still matter.
#BNB #Binance #CryptoNews #BNBChain
$BNB
completed its 37th quarterly Auto-Burn on October 19, permanently removing 1,646,196 $BNB worth around $1.2 billion from circulation.
So far, 68.49 million BNB have been burned, leaving 131.51 million in supply. The long-term target is 100 million BNB, with the next burn expected around January 2027.
📊 Market Update: $BNB is trading around $741, while Bitcoin dominance has reached 60.5%. The overall market remains cautious, although ADA recently showed a short-term rebound.
💡 BNB burns reduce supply, but they don't guarantee a price increase. Market demand and overall sentiment still matter.
#BNB #Binance #CryptoNews #BNBChain