BNB benefits?

[MrSpasybo]

BNB Chain burned more than 1.6 million BNB coins worth nearly $1 billion.

On July 22, 2024, BNB Chain conducted its 28th quarterly BNB coin burn. 1,643,698 BNBs totaling nearly $971 million were removed from circulation. In total, there are 145,938,035 BNBs on the market. Of these, only 100 million coins are scheduled to remain.

P.S. Less tokens in circulation - higher price.

BNB price has experienced quite impressive growth in the first half of 2024 and set a new ATH despite CZ is in jail and Binance facing fierce competition from many other CEXs in the market. The BNB burning event is still ongoing and helps reduce supply and selling pressure for BNB in the market, but it has no longer attracted the attention of the media and investors.

I think Binance needs to do more to promote the popularity of the BNB chain and the value of BNB in the market through many major events. Token burning only has a long-term impact, and events that can drive investor buying behavior are needed, and Binance needs such events.

[bee]

Token burning only has a long-term impact, and events that can drive investor buying behavior are needed, and Binance needs such events.

Token burnings only have a temporary effect. If BNB also adopts Ethereum's inherent "weakness", they have an unlimited supply. Eventually, the bnb supply will also explode again over time.
The altcoin market is just waiting for the popularity to roll over to make its value rise thanks to the innovation of its ecosystem.

[sampoerna]

Will BNB emulate the less popular altcoins that offer a huge amount of profit such as APY between 150 and 300%. What can we expect from the price because it seems to be in an undecided middle, fall or rise?

Wait, BNB following other altcoins? In case of its high APY?
BNB comes from a top exchange, it has indeed become a top coin, and they have their own standards for determining how many APYs they give as rewards for their holders or stakers. So, why would they copy? They already have a name and they have their own ability to attract people to trust more to hold or stake in their platform, this trust is what makes many people still do it on Binance even though the APY may not be as big as new platforms that promise very high APYs.

BNB price has experienced quite impressive growth in the first half of 2024 and set a new ATH despite CZ is in jail and Binance facing fierce competition from many other CEXs in the market. The BNB burning event is still ongoing and helps reduce supply and selling pressure for BNB in the market, but it has no longer attracted the attention of the media and investors.

Indeed.
Although the price is still quite low compared to the ATH that was previously printed, the progress of BNB's increase is also quite good. And of course, their market cap is still high, even though it was overtaken by SOL, BNB was immediately able to take over again quickly. Yes, because the competition in the top coins is also quite significant.

And even if we look at the BNB chart for this year, it seems to have gone up significantly. Look at the development from month to month, so it's no longer in doubt, right? It's just a matter of time before BNB can reach ATH again and surpass it. Again, Be patient.

https://www.coingecko.com/en/coins/bnb

[Muneeb22]

There are so many benefits n the BNB coin becasue this project is very strong and good and in this project so many peoples will make so much money. Through BNB you can make good money just to invest in it and hold that when the price go high sell it and the other way is trading, you can make good money through trading on daily basis.

[dekafee79]

There are so many benefits n the BNB coin becasue this project is very strong and good and in this project so many peoples will make so much money. Through BNB you can make good money just to invest in it and hold that when the price go high sell it and the other way is trading, you can make good money through trading on daily basis.

]
BNB is a popular and potential coin because it is supported by binance exchange. We can use it for trading or for long-term holding, buy it when the price is still low, Not only BNB other top coins are also very potential, Bitcoin, ethereum, BNb, Solana and maybe we can also buy ripple.

[armanda90]

BNB is a popular and potential coin because it is supported by binance exchange. We can use it for trading or for long-term holding, buy it when the price is still low, Not only BNB other top coins are also very potential, Bitcoin, ethereum, BNb, Solana and maybe we can also buy ripple.

Its special from BNB with Binance exchange coins easily get interest from investor want to buy BNB coins, I think other excited with BNB because their launchpool project in Binance to earn new coins make investor brave for staking many BNB and participants on launchpool.
Many benefit earn when investing in BNB because if Binance get consistent make launchpool every month could be passive income for BNB holder by staking their coins to earn new coins with launchpool event.
I am waiting with new launchpool in binance when list it because usually every month have four launchpool project and staking around 10 bnb earn above 200$ every lauchpool project.

[dekafee79]

BNB is a popular and potential coin because it is supported by binance exchange. We can use it for trading or for long-term holding, buy it when the price is still low, Not only BNB other top coins are also very potential, Bitcoin, ethereum, BNb, Solana and maybe we can also buy ripple.

Its special from BNB with Binance exchange coins easily get interest from investor want to buy BNB coins, I think other excited with BNB because their launchpool project in Binance to earn new coins make investor brave for staking many BNB and participants on launchpool.
Many benefit earn when investing in BNB because if Binance get consistent make launchpool every month could be passive income for BNB holder by staking their coins to earn new coins with launchpool event.
I am waiting with new launchpool in binance when list it because usually every month have four launchpool project and staking around 10 bnb earn above 200$ every lauchpool project.

Yes, for investors who prefer BNB on Binanace, staking to get Launchpool coins is an advantage for them if they have a lot of capital to participate. I don't have a lot of BNB, only a few BNB, and even then I use it for trading. Binance exchange always supports BNB, this is what makes BNB always strong and popular and becomes the top 5 coins on CMC.

[armanda90]

Yes, for investors who prefer BNB on Binanace, staking to get Launchpool coins is an advantage for them if they have a lot of capital to participate. I don't have a lot of BNB, only a few BNB, and even then I use it for trading. Binance exchange always supports BNB, this is what makes BNB always strong and popular and becomes the top 5 coins on CMC.

Many investor keep support with BNB by participating on launchpool project and staking their BNB coins assets until one week make price keep increasing and BNB community more stronger. launchpool could be benefit for BNB coins get increasing drastically behind how the launchpool rule required for participants must staking or lock their coins until how many days launchpool duration.
Early of August, not any news about when launchpool start, will this month not any launchpool because I invested with BNB last several days ago when price dropping and keep hold it until right now.

[TomPluz]

Many investor keep support with BNB by participating on launchpool project and staking their BNB coins assets until one week make price keep increasing and BNB community more stronger. launchpool could be benefit for BNB coins get increasing drastically behind how the launchpool rule required for participants must staking or lock their coins until how many days launchpool duration. Early of August, not any news about when launchpool start, will this month not any launchpool because I invested with BNB last several days ago when price dropping and keep hold it until right now.

There are so many opportunities to make some money with the help of the BNB ecosystem and that is one big reason why it is always getting the support of the community. Even without the presence and leadership of CZ, Binance has already gained a level of stability and its goodwill will always be playing a big role why it is always on the top despite and in spite of many things that happened to it. I am looking forward to see more innovations under the leadership of Richard Teng, Binance's current CEO after CZ left. Right now, they are using a cooling technique so as to avoid preying eyes from regulators but come 2025 we might see a big resurgence of Binance into the scene with CZ coming back behind the scene to advise his people.

[alogan]

BNB Chain burned more than 1.6 million BNB coins worth nearly $1 billion.

On July 22, 2024, BNB Chain conducted its 28th quarterly BNB coin burn. 1,643,698 BNBs totaling nearly $971 million were removed from circulation. In total, there are 145,938,035 BNBs on the market. Of these, only 100 million coins are scheduled to remain.

P.S. Less tokens in circulation - higher price.

Link to news: https://www.bnbchain.org/en/blog/28th-bnb-burn

It should work that way less coins more value, but its clear that doesnt work that way, Bnb had bad days, last year the steal of 2 milion BNB wich went a part into Venus Protocol... then the BSC offer to buyback this coins under 250$, few week later we see Binance making a lot of launchpools events wich used always BNB as core... price skyrocket since that moove... along the number of new projects listing at Binance...BNB ETH BTC all mooves into both directions... soo nothing is always up... BNB has achieved a new ATH but its fighting to keep above 500$.

BSC ecosystem is huge and has a lot tokens with much more potencial than BNB... more risks as well but 50% to bnb would make it worth 750$ and would be an insane volume to reach with maybe 5-10 milions there are good projects able to make 200% soo its always .


BNB has the lower fees for trading and the "free" coins events..., Binance still being the top trading platafform and keeps expanding, BNB was good moove in early days, first 2 years... now i would risk to say its an expensive coin, and not worthing to risk too loose soo much.

[dekafee79]

Many investor keep support with BNB by participating on launchpool project and staking their BNB coins assets until one week make price keep increasing and BNB community more stronger. launchpool could be benefit for BNB coins get increasing drastically behind how the launchpool rule required for participants must staking or lock their coins until how many days launchpool duration. Early of August, not any news about when launchpool start, will this month not any launchpool because I invested with BNB last several days ago when price dropping and keep hold it until right now.

There are so many opportunities to make some money with the help of the BNB ecosystem and that is one big reason why it is always getting the support of the community. Even without the presence and leadership of CZ, Binance has already gained a level of stability and its goodwill will always be playing a big role why it is always on the top despite and in spite of many things that happened to it. I am looking forward to see more innovations under the leadership of Richard Teng, Binance's current CEO after CZ left. Right now, they are using a cooling technique so as to avoid preying eyes from regulators but come 2025 we might see a big resurgence of Binance into the scene with CZ coming back behind the scene to advise his people.

Many people predict that CZ will return to being CEO of Binance, but I see that the current CEO of Binance has also succeeded in controlling and making improvements to the Binance project. And I think CZ will not remain silent and will always provide input to the Binance team even from inside prison.

[lepbagong]

Many investor keep support with BNB by participating on launchpool project and staking their BNB coins assets until one week make price keep increasing and BNB community more stronger. launchpool could be benefit for BNB coins get increasing drastically behind how the launchpool rule required for participants must staking or lock their coins until how many days launchpool duration. Early of August, not any news about when launchpool start, will this month not any launchpool because I invested with BNB last several days ago when price dropping and keep hold it until right now.

There are so many opportunities to make some money with the help of the BNB ecosystem and that is one big reason why it is always getting the support of the community. Even without the presence and leadership of CZ, Binance has already gained a level of stability and its goodwill will always be playing a big role why it is always on the top despite and in spite of many things that happened to it. I am looking forward to see more innovations under the leadership of Richard Teng, Binance's current CEO after CZ left. Right now, they are using a cooling technique so as to avoid preying eyes from regulators but come 2025 we might see a big resurgence of Binance into the scene with CZ coming back behind the scene to advise his people.

Many people predict that CZ will return to being CEO of Binance, but I see that the current CEO of Binance has also succeeded in controlling and making improvements to the Binance project. And I think CZ will not remain silent and will always provide input to the Binance team even from inside prison.

There is always a possibility that, it could happen as you said, but so far, his replacement has also made a good contribution and I think CZ will always contribute indirectly and will continue to monitor it well.
Let him solve his problems because Binance is now in good condition and, of course, there will always be supervision from him, even though indirectly.

[Wiseman]

Will BNB emulate the less popular altcoins that offer a huge amount of profit such as APY between 150 and 300%. What can we expect from the price because it seems to be in an undecided middle, fall or rise?

I am not sure that this hospital can see some big price because it has already shown it. I most likely will not have some huge prices for this coin simply because it is held by several people who are not interested in buying this coin in order to offer a good price, it will simply be sold little by little, this will make a huge profit from it, but they will, on the contrary, buy it in order to allow us to earn a huge demand, this is a business and nothing more.

[debra]

Token burnings only have a temporary effect. If BNB also adopts Ethereum's inherent "weakness", they have an unlimited supply. Eventually, the bnb supply will also explode again over time.
The altcoin market is just waiting for the popularity to roll over to make its value rise thanks to the innovation of its ecosystem.

I don't think so. Besides the burnings can increase the price of BNB coin in a short time, it also brings impacts to the supply. The total supply of BNB is decreasing quite a lot when Binance team do burning regularly. BNB total supply is limited, it is not the same as total supply of Dogecoin. It is impossible that BNB supply explode again after it is burned. Regarding the innovation, I'm sure Binance team will make another innovation.

[lepbagong]

Token burnings only have a temporary effect. If BNB also adopts Ethereum's inherent "weakness", they have an unlimited supply. Eventually, the bnb supply will also explode again over time.
The altcoin market is just waiting for the popularity to roll over to make its value rise thanks to the innovation of its ecosystem.

I don't think so. Besides the burnings can increase the price of BNB coin in a short time, it also brings impacts to the supply. The total supply of BNB is decreasing quite a lot when Binance team do burning regularly. BNB total supply is limited, it is not the same as total supply of Dogecoin. It is impossible that BNB supply explode again after it is burned. Regarding the innovation, I'm sure Binance team will make another innovation.

excessive supply will have an impact on the price. It is certain that it could go down, so the policy that has been carried out so far with burning is one of the right steps to make the price increase because the supply is reduced.
So far, the method used has been very effective, so it is not surprising that the price of BNB can always be the best place.
Of course, not only that, the innovation carried out will also make a very good contribution in the future for investors not to move.