Over $1.19 billion in $BNB has just been permanently removed from circulation.
BNB Chain has officially completed its 37th quarterly token burn, removing 1,646,196.44 BNB directly on BNB Smart Chain.
Here are the numbers:
🔥 BNB Burned: 1.64 million BNB
💰 Total Value: Approximately $1.197 billion
📊 Remaining Supply: 131.51 million BNB
🎯 Long-Term Target: 100 million BNB
The burn was executed through BNB's Auto-Burn mechanism, which adjusts quarterly burns based on BNB's price and BSC block production.
Unlike a token sale, burning permanently removes tokens from supply.
With BNB Chain continuing its journey toward 100 million BNB, the question is:
Will shrinking supply become a stronger driver of $BNB's long-term value? Now buy and hold bnb
#bnb #BNBChain #BNB_Market_Update
BNB Chain has officially completed its 37th quarterly token burn, removing 1,646,196.44 BNB directly on BNB Smart Chain.
Here are the numbers:
🔥 BNB Burned: 1.64 million BNB
💰 Total Value: Approximately $1.197 billion
📊 Remaining Supply: 131.51 million BNB
🎯 Long-Term Target: 100 million BNB
The burn was executed through BNB's Auto-Burn mechanism, which adjusts quarterly burns based on BNB's price and BSC block production.
Unlike a token sale, burning permanently removes tokens from supply.
With BNB Chain continuing its journey toward 100 million BNB, the question is:
Will shrinking supply become a stronger driver of $BNB's long-term value? Now buy and hold bnb
#bnb #BNBChain #BNB_Market_Update