Upcoming BNB Token Burning Pushes Binance Coin (BNB) To All-Time High of $546, 1

[Sharpmax]

It’s a massive price rally in Binance Coin (BNB) and raining returns for all the BNB token holders and investors. At press time, the Binance Coin (BNB) price has surged 17% hitting its all-time high of $546. With today’s surge, BNB has gained more than 13 year-to-date which is a massive 1200% return.
The recent price rally for Binance Coin comes as Binance is heading ahead for its 15the BNB token burning in a few days from now. The announcement was made by Binance CEO Changpeng Zhao (CZ) a few hours back. CZ tweeted:When you burn coins, they are taken out of circulation forever. It increases the value of the remaining coins. #BNB in a few days! Not financial advice! Over the last week, the BNB price has gained a massive 57% from under $350 to all the way up to $550 now. The Binance ecosystem and the Binance Smart Chain is smashing new records every passing day. Besides, it has been closing the gap with its rival – Ethereum (ETH) – since the begging of the year and is only one-third the size of Ethereum. Source

[Gravatai]

BNB coin is one of those in which I invest most of my funds as I see great potential in it due to the growing popularity of BSC. I think by the end of the year, many projects will switch to BSC, thereby pushing the price of BNB above $1,000