$BOB Binance Holds 65% of $BOB You can verify this info yourself on Arkham.
Binance holds 273 Trillion BOB worth $19.4 Million. in fact, BOB makes up the most value in their entire portfolio.
Because Binance holds it, the Tokens are effectively burned. Why? Binance will never Rugpull. Because if they did, they will lose a lot of reputation and face so much PR problems.
They’re a multi-billion dollar company, so it’s not worth risking their reputation for a measely 19.4 million dollars.
And Yes, they (the developer team) have withdrawn control of BOB. Because it’s better to let the community take over. it means that the token is completely decentralized, which is good.
And they’ve withdrawn control a long time ago so don’t act nervous about it now.
Binance holds 273 Trillion BOB worth $19.4 Million. in fact, BOB makes up the most value in their entire portfolio.
Because Binance holds it, the Tokens are effectively burned. Why? Binance will never Rugpull. Because if they did, they will lose a lot of reputation and face so much PR problems.
They’re a multi-billion dollar company, so it’s not worth risking their reputation for a measely 19.4 million dollars.
And Yes, they (the developer team) have withdrawn control of BOB. Because it’s better to let the community take over. it means that the token is completely decentralized, which is good.
And they’ve withdrawn control a long time ago so don’t act nervous about it now.
