🔥 BNB Chain burns over 1.99 million tokens in 24th quarterly event!
- Approximately $484 million worth of BNB tokens were taken out of circulation
- Burn aimed at reducing total supply to 100 million BNB from original 200 million
- Auto-burn mechanism adjusts amount to be burned based on BNB price and BSC block generation
- However, no immediate demand for BNB tokens among traders as prices remain flat
💬 Share your thoughts on the impact of token burns on the cryptocurrency market!