Binance Completes 31st Quarterly $BNB Token Burn, Removing $916M Worth of Tokens

MOVE price crashes to all-time low after market maker scandal

MOVE price has dropped 28% in the past week and is currently trading at just 4% above its all-time low amid an ongoing third-party investigation into suspicious market maker activity involving the token on Binance. Movement Labs ( MOVE ) has recently launched a third-party investigation into market...

CZ Honors Nearly $1 Billion Token Burn Promise - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The BNB Foundation has reached its 31st quarterly token burn, taking 1,579,207 tokens out of circulation. This colossal decrease, valued at about $916 million at today’s prices, reaffirms the project’s long-standing dedication to reduce its overall supply. Burn Size Records Marginal Decline From All-Time High The latest burn is reported as a dip f…

Binance Completes 31st Quarterly $BNB Token Burn, Removing $916M Worth of Tokens

The 31st quarterly token burn for $BNB, the native cryptocurrency of the Binance platform, has recently been completed by Binance. A striking 1,579,207 $BNB tokens have been burned in this latest burn, which equals about $916 million at current market prices. Yet again, Binance has proven itself to be very committed to reducing the total supply of $BNB and thereby maintaining the deflationary nature of the token to drive value for its holders. …

BNB Goes Up in Smoke: CZ Honors Nearly $1 Billion Token Burn Promise

The BNB Foundation has reached its 31st quarterly token burn, taking 1,579,207 tokens out of circulation. This colossal decrease, valued at about $916 million at today’s prices, reaffirms the project’s long-standing dedication to reduce its overall supply. Burn Size Records Marginal Decline From All-Time High The latest burn is reported as a dip from the previous quarter’s all-time record. The 30th quarterly burn destroyed 1.634 million tokens w…

Binance Coin (BNB) Burns $916M in 31st Quarterly Token Burn, Targets Bullish Surge

Key Insights: BNB completes its 31st quarterly burn, removing $916M worth of tokens. The double bottom pattern signals potential upward momentum, with a target price of $760. BNB’s supply is continually reduced, enhancing scarcity and boosting bullish sentiment. Binance Coin (BNB) has recently completed its 31st quarterly token burn, removing 1.58 million BNB, worth approximately $916 million at the time of the burn. This burn contributes to th…

Binance Coin (BNB) Price: $916 Million Token Burn Fails to Boost Market Value - WorldNL Magazine

TLDR BNB Chain burned 1.57 million tokens worth $916 million in its 31st quarterly token burn Current circulating supply is 140 million BNB tokens, with a goal to reduce to 100 million Despite the burn, BNB price barely moved, rising only 0.85% to around $583 BNB is trading below its December 2024 all-time high of $788.84 Technical analysis shows a symmetrical triangle pattern forming with potential for a breakout BNB Chain completed its 31st q…