12th Binance Burn

[Hamzaal24]

Progress: 23% burned from the 100,000,000 BNB goal

Present Value of Burns: $427M

This Binance burn is different from past ones as it was conducted based on trading volume rather than revenue.

- Source: https://Twitter.com/thedaomaker

[bigcash2011]

I hope this burn will increase value as there will be less tokens for sale in the market now so hodlers can be rewarded.

[MrSpasybo]

Certainly this token burning will have a positive impact on the price of BNB tokens & holders will receive a share of this total value of more than 400M USD through the increase in token scarcity.
BNB is becoming more potential and profitable token to hold.

[Delgboke]

I think that the token burn will help the BNB token increased more as it is currently in their other hand based on my opinion concerning the burning of Bnb token I was thinking that they should have used the token to empower people around the crypto community that's what I think.

[ansi]

I think that the token burn will help the BNB token increased more as it is currently in their other hand based on my opinion concerning the burning of Bnb token I was thinking that they should have used the token to empower people around the crypto community that's what I think.

Yes indeed, although this last burn didn't affect the price that much, but like you said BNB is the next big thing in crypto.
Binance Chain is now like Etherum in popularity, lots of Dapps are built on & lots of other migrating to it just to take the big advantage of the Binance name in crypto.

[krypto4uvak]

I think this news is very good!

[Triedboy]

I hope Binance  is now like Etherum in popularity.I would like to say BNB token is very popularity the peoples.Now every body the BNB tokens holding.

[babu10]

Yea, i think this very good decision from BNB team. From the beginning of BNB token we see team is very strong to competitive market and this effects wee see in Binance exchange which is number one ranking. I think very recently it will come number 3/4 position in CMC market so investors can easily trust on it.

thanks.

[Tanimariya]

I think it was a good decision to burn the BNB token. If the BNB token is burned, then the demand and price of the BNB will expand a lot. Demand for this specialty has grown significantly as a result of recent corporate scandals. But it will become more successful and popular. What do you think? Will BNB's condition improve?

[GeorgeReece]

More than 3.3 million BNB was burned by Binance for the 12th time - the biggest Burn in history. Binance's regular Burn coin operation is extracted from the profit of its business. Therefore, with the number of coins being burned 1.5 times higher than the last time, it shows that Binance is very profitable.

[jacaf01]

I think people do not see what Binance is trying to do, Binance want to decentralized itself, so they are looking for ways to burn most of these tokens the team is sitting on before SEC come calling, we can see they are not using any formula to calculate their token burn again. I think this would have been successful assuming they were able to get their DEX right but people are not using it

[ife2020]

In a bull market, especially for an altcoin, believe me the binance burn has come at a good time for every token hodlers in the crypto currency space. So as a hodler you have a big decision to make in the coming days.