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Author Topic: Binance Coin completes its 10th token burn worth $3.9 M USD  (Read 244 times)
dark08
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January 22, 2020, 11:08:49 PM
 #21

Binance coin (bnb) is one of the popular alt project in the cryptoworld because of its exchange site with a lot of volune this 10th token burn also help the price to break its falling wedge so I'm expecting more bullish to Binance coin.

huu78
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January 22, 2020, 11:09:00 PM
 #22

A great way to raise demand on such a market because the more limited supply will make the BNB price will be rising. But not even if the traders or investors do not glance at them. So good news for BNB in order to price back up like the IEO era, when BNB became gold.

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shinratensei_
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January 23, 2020, 01:18:59 PM
 #23

Binance coin (bnb) is one of the popular alt project in the cryptoworld because of its exchange site with a lot of volune this 10th token burn also help the price to break its falling wedge so I'm expecting more bullish to Binance coin.
So, with what you are saying about what was the definition of binance coin and does it have a correlation with the context that already discussed in this thread? I just try to remind you that if this is not the right place to increase your post count without evenj read the context. WTH happen with windice to choose you as a participant.

It looks like that so many parties have started to do more deeply research with the latest report from the binance burning problem.
https://cryptonews.com/news/resurfaced-binance-whitepaper-change-prompts-transparency-qu-5587.htm

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miklesm
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January 23, 2020, 01:37:23 PM
 #24

I think it is a good position of Binance to spend a part of their profit to buy and burn their token as it constantly decreases the supply of BNB and causing the growth of the token price.
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January 23, 2020, 01:56:42 PM
 #25

Didn't CZ announced about the burn being worth $38 Millions? BNB burn will keep on going until 100 million BNB is in circulation, This will have huge impact on the price.
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January 23, 2020, 02:03:32 PM
 #26

this is a good strategy to burn a number of BNB supplies and the amount burned is not small, this strategy will also help boost the price of the BNB in the future, I also happen to hold the BNB I hope it will be potential and valuable in the future, they bet 20 % of profits to burn inventory, that's a great decision

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