$BNB JUST BURNED $1.1 BILLION WORTH OF TOKENS....
BNB Chain has completed its 37th quarterly token burn, permanently removing approximately 1.64 million $BNB from circulation, worth more than $1.1 billion.
CZ reacted on X with a bold question.
“Which other blockchain burns $1.1 billion worth of tokens each quarter?”
The bigger picture is the impact on supply. Token burns reduce the number of tokens in circulation, but their effect on price still depends on demand, market conditions and overall adoption.
With another massive burn completed, all eyes are on $BNB and its next move.
Do you think BNB can turn its deflationary mechanism into a major long term advantage?
#FranceAdvancesTaxOnCryptoToStablecoinSwaps #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5%
BNB Chain has completed its 37th quarterly token burn, permanently removing approximately 1.64 million $BNB from circulation, worth more than $1.1 billion.
CZ reacted on X with a bold question.
“Which other blockchain burns $1.1 billion worth of tokens each quarter?”
The bigger picture is the impact on supply. Token burns reduce the number of tokens in circulation, but their effect on price still depends on demand, market conditions and overall adoption.
With another massive burn completed, all eyes are on $BNB and its next move.
Do you think BNB can turn its deflationary mechanism into a major long term advantage?
#FranceAdvancesTaxOnCryptoToStablecoinSwaps #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5%