burning $BNB
worth over a billion dollars is no reason for me to change anything. I’m still holding BNB and adding a little every day — DCA
The 37th burn took place on October 19: BNB Chain burned 1646196.44 BNB. In July, it was 1615827.795
Only 1.88% more coins. But the dollar amount rose by 28.5%, and the price did that
The Auto-Burn formula works the other way around: the higher the price of BNB, the fewer coins go into the fire
Over the past day, the price is up 0.5%, and still down 9.8% from the 30-day high. No rocket after the burn
Another number matters more to me: 131512085 BNB remained after the burn; the target is 100000000. I’m watching this gap shrink quarter after quarter
I’m not going to react to the burn. Let it burn
#bnb
worth over a billion dollars is no reason for me to change anything. I’m still holding BNB and adding a little every day — DCA
The 37th burn took place on October 19: BNB Chain burned 1646196.44 BNB. In July, it was 1615827.795
Only 1.88% more coins. But the dollar amount rose by 28.5%, and the price did that
The Auto-Burn formula works the other way around: the higher the price of BNB, the fewer coins go into the fire
Over the past day, the price is up 0.5%, and still down 9.8% from the 30-day high. No rocket after the burn
Another number matters more to me: 131512085 BNB remained after the burn; the target is 100000000. I’m watching this gap shrink quarter after quarter
I’m not going to react to the burn. Let it burn
#bnb