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[sh199]

Binance completed its 15th BNB burn and it is the largest burn amount of BNB.
Buring tokens are like removing tokens from the coin's ecosystem so that the demand for the coin would be increase.
In the last burn of BNB, they remove around 1,099,88 BNB which worth 600$ Million dollars.
What you think about this large amount of burn tokens.

 

[leithy]

BNB is a good coin that has, along with many other coins, seen a good price rise this year. Burning BNB must have had some effect on this increase. This latest burning will reduce availability and should, hopefullyi give another good increase.

 

[sh199]

BNB is a good coin that has, along with many other coins, seen a good price rise this year. Burning BNB must have had some effect on this increase. This latest burning will reduce availability and should, hopefullyi give another good increase.

Yeah. From the last burn, now Binance has lots of projects that run on BSC. And also it is their largest burn by dollar value. It will impact the price very soon.

 

[aryan4]

I think the Binance Exchange does this every 3 months. Amount burned also means decrease in supply. Probably even this business affects the price of the coin.

 

[Josemendez]

Binance have a quarterly burn mechanism ,and their last burn was responsible for the surge in the price of the coin. Burning is a means of reducing token in circulation

 

[silentwatch]

Then the bnb will break the sky..
I used to get profit when trading BNB and now it's time to wait and see for the signal to sky rocket BNB and touch new high..

 

[Josemendez]

Then the bnb will break the sky..
I used to get profit when trading BNB and now it's time to wait and see for the signal to sky rocket BNB and touch new high..

It seems that there is a bearish trend in the world of cryptocurrency . Most coins are falling and falling . Time to buy the dip .

 

[Wisdom01]

Then the bnb will break the sky..
I used to get profit when trading BNB and now it's time to wait and see for the signal to sky rocket BNB and touch new high..

Now is the best time to buy because the coin is at the dip and when it rises you would be able to gather more profit from rise in price

 

[Josemendez]

Now is the best time to buy because the coin is at the dip and when it rises you would be able to gather more profit from rise in price

Exactly. I believe that before the month ends , we will see a hike in the price of most coins and we will have a reason to smile in the end.

 

[Wisdom01]

Exactly. I believe that before the month ends , we will see a hike in the price of most coins and we will have a reason to smile in the end.

Yeah i think by next week all the coin would be back , just watch bitcoin would get to $60k again and it would be a big surprise to many investors

 

[Josemendez]

Yeah i think by next week all the coin would be back , just watch bitcoin would get to $60k again and it would be a big surprise to many investors

I hope so because I have some money I invested in it because I need to have a certain amount of money at my disposal by the end of next month

 

[Wisdom01]

I hope so because I have some money I invested in it because I need to have a certain amount of money at my disposal by the end of next month

Lets just be optimistic. Your investment is going to grow more with more awesome profit. Although i bought the dip of about 10% , i am just holding

 

[Josemendez]

Lets just be optimistic. Your investment is going to grow more with more awesome profit. Although i bought the dip of about 10% , i am just holding

Well , one thing I am very much certain is that the price of bitcoin will surely rise in coming weeks ,but if it fails ,we will continue to holdl

 

[Wisdom01]

Well , one thing I am very much certain is that the price of bitcoin will surely rise in coming weeks ,but if it fails ,we will continue to holdl

I think now every coin are pumping ,those who invested then would be making a lot of cash by now from the increase in price of the coin

 

[Josemendez]

They are pumping indeed but sadly , people are selling at the same time as they feel that they have saved their money and this is not good for the coin

 

[Wisdom01]

They are pumping indeed but sadly , people are selling at the same time as they feel that they have saved their money and this is not good for the coin

I know that many people would make huge loss from that huge fall of the coin , but this ia an opportunity for them to regain their lose

 

[Niftyicon]

I am yet to see any significant impact on the price of bnb from the April 15 burn. I guess we would feel it more in the coming days.

 

[Josemendez]

I know that many people would make huge loss from that huge fall of the coin , but this ia an opportunity for them to regain their lose

The gain could be higher if they can be patient enough to wait for more time . Selling as the coin tries to rise is going to affect the speed at which it will rise

 

[leithy]

Although BNB has had a burn almost all crypto have had a fall over the last few days. BNB has followed that fall but when the increase comes back we should see a better rise for BNB.

 

[Josemendez]

Although BNB has had a burn almost all crypto have had a fall over the last few days. BNB has followed that fall but when the increase comes back we should see a better rise for BNB.

Sure . Am preparing for the next bullish run of major cryptocurrency especially that of bitcoin and BNB ,and I believe that time will surely tell how fast it will happen