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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.

 

[SCAMEXPOSER]

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

I didn't know until know , I guess the last burn should late December or first week of December which was when it rose as high as $350 before crashing to $250.

 

[Josemendez]

I didn't know until know , I guess the last burn should late December or first week of December which was when it rose as high as $350 before crashing to $250.

Well whichever time that they are going to burn the coins shouldn't be our concern but just for us to keep holdl Our token , so that whenever it happens we won't lose .

 

[SCAMEXPOSER]

Well whichever time that they are going to burn the coins shouldn't be our concern but just for us to keep holdl Our token , so that whenever it happens we won't lose .

Why he should be our concern is that it will give us the idea on when to invest heavily so we can make huge profit in a very short time.

 

[Josemendez]

Why he should be our concern is that it will give us the idea on when to invest heavily so we can make huge profit in a very short time.

Well , you may have a point here however it is safer that we start to invest whenever there is a dip bearing in mind that there will be a token burning in coming days

 

[SCAMEXPOSER]

Well , you may have a point here however it is safer that we start to invest whenever there is a dip bearing in mind that there will be a token burning in coming days

Sure Investing now is also not bad because the dip in the coin is not very strong because of the Smart chain network transactions on going heavily.

 

[leithy]

Many of the altcoins have started to rise again today, including BNB. BNB is enjoying a higher rise than many with Co,nmarket.co showing an increase of 12.42%

 

[Japhnet]

I think that bnb has a long way before it reaches its potential. Binance are doing their best to increase the value of their coin

 

[SCAMEXPOSER]

I think that bnb has a long way before it reaches its potential. Binance are doing their best to increase the value of their coin

Obviously if one can be very patient with the current market trend to hold BnB for a very long time, such person will make significant profit from the Investment because it has the potential to reach $10,000 being a native coin to one of the largest if not the largest cryptocurrencies exchange platform at the moment.

 

[Wisdom01]

I think that bnb has a long way before it reaches its potential. Binance are doing their best to increase the value of their coin

to my observation ,so many coin have gone extinct since the developers have all left the project ,but it seems binance are actually more serious in making sure that kind of thing dosent happen to their own coin ,that's the major reason they keep promoting the coin more

 

[Japhnet]

Yeah, with binance being one of the most used crypto Exchanges, and a. very used launchpad Would give BNB a Standout Image.

 

[RiajAli]

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.

bnb1n5znd8p6pg4dmzahld0hsxdpfk7x6wa4d64kf4

 

[IB DD]

With this burning of tokens, Binance has showed an unwavering commitment that it wants the BNB ecosystem to develop and grow. Burning of such a large number always increases the demand for the token and all things being equal, it's price and value would rise.