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Title: Binance Coin Token Burn Review Post by: crypto1010 on March 02, 2020, 12:14:17 PM https://preview.redd.it/3mt0aa23iij41.jpg?width=800&format=pjpg&auto=webp&s=2d876cdd48662528267b5eaaaaad3046ffaf4957
The only product-associated token in the top 10 is BNB, and its burns tallied at $114.9M in 2019, giving Binance a market cap north of $5B just a few months ago. As Binance burns 20% of revenue, the burns hint that the exchange's 2019 revenue summed up to $574.5M. This is quite impressive considering that Nasdaq, one of the largest stock exchanges in the world, has a revenue of $1,060M. |
