BNBโs 37th burn is complete! The burn figures are out ๐
This burn removed 1.64 million BNB, worth approximately $1.197 billion.
Including past burns, a total of 69.46 million BNB has been burned.
BNB aims to burn its supply down to 100 million tokens.
It still needs to burn another 31.5 million tokens to reach its target.
At the current burn rate, it may take up to 20 more burn cycles.
Ongoing deflation is also one of the main reasons many people continue to follow BNB.
Burning is part of the projectโs mechanism and doesnโt mean the price is guaranteed to rise.
Crypto markets are highly volatile. No positive news guarantees a rally, so evaluate the data rationally.
