Binance effectuera la 14e gravure BNB dans 48 heures
The BNB coin is the working token of the Binance cryptocurrency exchange. It has active use and therefore, it is not surprising that interest in the coins rises significantly before burning.
The amount in circulation will decrease, and against this background, the price of the token on the eve of the burning increased from $40.9 to $45. The total daily gain was 10%. The coin is just a few steps from its all-time high of $45,162.
The fact of the imminent burning of tokens was confirmed by the CEO of the exchange, Changpeng Zhao. He recalled that the exchange buys and destroys BNB for 20% of its quarterly profit.
To date, there have been 13 quarterly burnings. Around $68 million worth of Binance Coin was destroyed in October. Since then, the price has increased significantly, as have the trading volumes.