Hey,
If you are not aware of this, Binance today burnt 1 Million BNB worth $500 Million dollars. What is the expected price jump in BNB due to this?
Would love to know your feedback
I like with the Binance project roadmap that burns coins every 3 months, but how long, it seemed like only CZ knew.
Coin burning feature usually done to reduce deflation and increase the price of coins along with a decrease in the number of supply coins, in the future we will likely see BNB prices reach $1k or $2k as more and more new projects will require BNB to be able to use Binance Smart Chain.