BNB: $BNB the biggest token burn in its history
Binance carried out its 36th quarterly burn, removing 1.62 million BNB worth nearly $932 million, the largest in its history. This reduces circulating supply and reinforces the deflationary model aimed at taking total supply from 200 to 100 million tokens. On top of that, T. Rowe Price launched a new multi-crypto ETF that allocates 11% to BNB, adding fresh institutional demand.
Less supply and more institutional demand at the same time: the formula every trader closely watches.
Do you already have BNB in your portfolio, or are you waiting to see how the price reacts? 👉
Binance carried out its 36th quarterly burn, removing 1.62 million BNB worth nearly $932 million, the largest in its history. This reduces circulating supply and reinforces the deflationary model aimed at taking total supply from 200 to 100 million tokens. On top of that, T. Rowe Price launched a new multi-crypto ETF that allocates 11% to BNB, adding fresh institutional demand.
Less supply and more institutional demand at the same time: the formula every trader closely watches.
Do you already have BNB in your portfolio, or are you waiting to see how the price reacts? 👉
