BNB Burn is coming

[nelson4lov]

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

Maybe we could see BNB at a whole another level after this burn, because its already pumping due to the rate of projects been developed on Binance Smart Chain has increased alot for the past few months, I'll just keep holding on my BNB and see how hard it's going to pump after this burn

Recently, the Binance exchange added tokenized shares of Tesla to its platform, if Elon Musk tweets about it on Twitter ....you know what will happen, so everything is still ahead.

Maybe that might have an impact on BNB, but I doubt if it will be much, cause I believe Binance exchange isn't the first crypto exchange where stock is traded, i believe FTX already had that, Binance is just followed suit so there's nothing really special about their move to add tokenized shares to their platform. A major fuel for further upside move is the upcoming burn which I'm looking forward to.

[Rruchi man]

Very hilarious, despite the huge increment that BNB has recorded in the past weeks, CZ still refers to this as a dip. This is a sign of what is in store for hodlers of BNB in the days to come. I tip BNB to topple ETH in the next few months. With the accelerated burning that they announced for their  $100million target, the increment in the weeks to come, will be very sharp.

This is not a financial advice.

[aioc]

They've committed to burning this

Binance burned a total of 3,619,888 BNB, equivalent to $165,791,000 USD worth of tokens

it's not really a new one it's old news that old-time Binance holders know and this is what kicks the price to go up aside from the innovation innovations they've introduced I'm very bullish on BNB they have proven their worth in the industry, and they are the leader.

[goaldigger]

This is not a financial advice.

This is the line that CZ keeps on sharing and yeah, as we can see the price of BNB reacts on his every tweet.
BNB burning will make this coin more valuable and we might see a $1000 because the hype on BNB is still here and the altcoins season are happening.

If BSC never existed till this day I'm not so sure that BNB can make it this far even with burning off part of max supply, the reason why BNB is a most have in your portfolio right now is because of BSC, this is just the beginning, 1000$ per BNB is possible

That’s why i love BNB, because they keep on innovating and its good that they developed BSC which is one of the cheapest network that is out in the market right now. We’ll see this two grow more in the coming days.

[Botnake]

Huge supply will be burn again and its significant based on the current price.

As the supply is down, it's normal to see a price to go up, and BNB has demonstrated that.
It has now reach a new ATH at $600ish, and probably more to come as $1000 is just so reachable at this point.

The party is happening, those who have not ride yet, maybe they need to think wisely now.
FOMO = yes, but possibility to rise more, also yes.

[Banulit]

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

That is true I have seen the social media post of the founder of bnb where he said that burning of bnb supply will takes place and because of that it will definitely a massive pump in the price of BNB so this the best time to accumulate and stock this coin.

[crwth]

I like the idea of how the CZ keeps on telling on that it's still the dip because his vision with BNB is probably higher than the original price, and I think I agree with him. Being one of the top exchanges worldwide generates a lot of profit and gives practical application to cryptocurrency than any other exchange has. A lot of applications have partnered with Binance, just like games, developers, tournaments, etc. It's just catching up. The disclaimer on the "not a financial advise" is just a precaution for sure. But still, if you believe it can rise, it will.

BTC will still be the dominant coin in the future. Maybe BNB can beat ETH? Idk.

[aprilnot]

BNB isn't overbought, I will screenshot your claim on BNB @makishart because I'm sure that BNB will go over 700$ soon, out for that fact that BSC solves gas issue that's supposed to be on Ethereum, let's wait and see what happens

yes you're right, bcs solves the problem that has been on the ethereum network. And many people have switched to the BNB network, this proves that the BNB will be quite strong nowadays.

[_IRMAN]

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

You are right, this month's token burn will drive the BNB price to mars. By the way, do you know how to calculate the tokens to be burned? I saw that last quarter 3 million BNB tokens were burned, will this quarter burn the same number of tokens? BNB's price has gone up more than 10x since last quarter's token burn

[SaiyanSS3]

Bnb hype train is undoubtedly extreme, giving it a 1000 is quite extreme too because it would move the graph to parabolic, we know the parabolic isn’t sustainable everything that pump parabolic end in the dust it has been the very fate of all many coin included bitcoin itself, not saying binance is not good, but the shill is a bit like McAfee it’s too extreme. CZ is the great actor, he constantly stay positive to shill his own coin of course building morale is the key in marketing.

[SaiyanSS3]

The thing is market is full of whale that would manipulate price in both direction, notoriously buying bnb up or bnb down, they take the calculation with how much leverage is in the investment and how the probability of them making money with hft in trade a direction, they’re not blindly follow the hype, there is little doubt bnb pump is highly leveraged with a lot of borrowed usd, it may become a sweet spot for whale to short and make a killing, avoid fall into the same fate in the like of Wall Street bet.

[virasisog]

The price is still going up but I think it is risky to make an entry at the moment since the burning will occur soon. I had bought during the dip even though it is near its recent ATH since BNB is the apple of the eye this season. Aside from it's use case BNB aims to solve the high price of ETH transactions which makes it one of the best platforms today and one of the best long-term investments one can make. I will not be shocked seeing BNB surpassing Ethereum in the near future.

[WalkerIVIV]

Those who think people will get burnt from buying bnb at this time, I guess time will tell who is right or not, when the bear market comes every market is affected starting from btc, so it doesn't matter if you hold bnb or btc or eth once it is bear market and you didn't do the needful you will get burnt that simple.

I think that's not about that. That being said the burn event for binance will come and what you meant burn in your post is so vague.
The burn that already announced by binance already brought huge demand for BNB

You can't use bitcoin as a way to determine the trend. Binance coin can be dumped even when bitcoin in the bullish trend mode. The fact that we are still in the bullish trend.
I don't even think bitcoin will turn into the bearish trend as soon as possible.

Burn mean more binance already bought by binance in the market send to the default address.

[TastyChillySauce00]

Burning BNB is inevitable, they generated so much profit and as they promised they gonna buy back and burn but whether the coin gonna get pumped or not we don't know for sure.
Though CZ really good at making people feel FOMO'd just see his tweets pretty sure thats gonna drive the price up again.

If BSC never existed till this day I'm not so sure that BNB can make it this far even with burning off part of max supply, the reason why BNB is a most have in your portfolio right now is because of BSC, this is just the beginning, 1000$ per BNB is possible

BSC is not the main factor that plays the part at increasing BNB price, though maybe it plays the same big role but it's thanks to their launchpad that causes this coin to be hyped up, most of people I know that invested to BNB doesn't even have an idea what BSC is and yet they bought BNB like there's no tomorrow because you can earn some coins from staking it and buy coin in their launchpad. BSC as good as it is as an alternative to ETH that allows migration very easily, doesn't play that big role in term of BNB success, but thats just my opinion, take it with grain of salts.

[BaeSuzy]

Burn is the key reason why BNB price rise drasticaly in this month, i think the price will reach $700 when they burn. BNB is one of promisiong coin to hold for long term instead of BTC.

[Golftech]

They've committed to burning this

Binance burned a total of 3,619,888 BNB, equivalent to $165,791,000 USD worth of tokens

it's not really a new one it's old news that old-time Binance holders know and this is what kicks the price to go up aside from the innovation innovations they've introduced I'm very bullish on BNB they have proven their worth in the industry, and they are the leader.

Long time holders understand the big potential of this kind of utilitiy coin, burning allocated numbers

brings more value to the coin as the project is already usable, expecting more hypes to happened as

there's another burning to comes up. Might be the reason why the pumped is really high as investors

doesn't want to missed their ride.

[susuberuang]

I think with this burning, the price of BNB will soar higher, I think the price will reach $600- $700 this month, obviously this is very profitable for BNB holders, but after all BSC is the main factor that playing role in increasing the price of BNB, because it has  a very low transaction fees compared to the etherem,

[Aubameyang]

I think with this burning, the price of BNB will soar higher, I think the price will reach $600- $700 this month, obviously this is very profitable for BNB holders, but after all BSC is the main factor that playing role in increasing the price of BNB, because it has  a very low transaction fees compared to the etherem,

Well said, that will be possible for BNB to reach $600 in this month. The price of BNB drastically increased from the end of March 2021.
I think this coin has a promising future, and this is a happiest moment for you all if you hold on to BNB.

[senyorito123]

The price is still going up but I think it is risky to make an entry at the moment since the burning will occur soon. I had bought during the dip even though it is near its recent ATH since BNB is the apple of the eye this season. Aside from it's use case BNB aims to solve the high price of ETH transactions which makes it one of the best platforms today and one of the best long-term investments one can make. I will not be shocked seeing BNB surpassing Ethereum in the near future.

Possibilities will always be there,because we all know that their are many potential coins in crypo.  As what we see now the price is changing which means that high price will coming soon. This will be the most awaited day to those people who followed BNB and holding it for a long time.

[nicecrypto]

People seem to forget bnb is an old coins with track record and a good backing, why people won't invest on it, besides eth, which other alts is as trustworthy as bnb? None in my opinion,  if people can invest in 2021 project and feel at ease I wonder why many are surpriss that bnb is breaking all records.
People are still buying btc at $60k.

People will always choose where they invest their monies in and just like every other thing, crypto projects too has come to have their own (fans) Enthusiast and will not see the good or reason to invest in some particular projects that they feel is in competition or a threat to what they like even in the face of great reality. BNB has already been above $600 and the ecosystem has a lot going so the $1k price is sure regardless of every correction which is expected.