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Why is this up so much this week with most coins down? It usually does not go much above $300 unless there is a market surge.
With BUSD going away I'm surprised BNB is holding up so well.
New token - $ReduX. That's the one that won't be burned! Huge potential!! ReduX – the first environmentally conscious technology. The innovative solutions offered by ReduX can help fight energy shortages and climate change.
With a spin dash and Twist I see binance going up in the mist $0 PT
Gold price soars on short covering, bargain hunting, Rumors are swirling in the crypto markets regarding one exchange halting withdrawals, and that has apparently spooked all the crypto markets and has helped to boost safe-haven gold and silver. $BNB
Crypto exchange Coinbase faces SEC probe over securities, Bloomberg reports $COIN $BNB
https://twitter.com/AIBiotechnology
Thanks.......
also like an OTC company who has excessive outstanding shares, then announces a reduction
20B even with a -50% reduction thats still a crazy bloated massive 10B shares outstanding
so I get what you are saying
Im not really a crypto guy so I dont know, but can relate it to other things I do know about
same chit...different pump
Token burns don't mean anything. It's a way to excite the shareholders. It's not like share buybacks. DYOR
Hahaha yupppp I been adding!!! $BNB
$336 wow, what in the world
To the moonnnn we goooooo!!!! $BNB
Just took $639,000,000 USD worth of $BNB out of circulation, permanently.
Just took $639,000,000 USD worth of #BNB out of circulation, permanently. https://t.co/soXlS24PIk
— CZ 🔶 Binance (@cz_binance) October 18, 2021
50M will Rok! us
e
Can't believe I was going buy more at $43
n didn't
She's chugging right along considering binance's regulatory woes
nice'
Anybody else having problem with your Buy n Trade History trades not showing up on binance.us? pm-me tia
emit...
Binance Burns $393.6 Million Worth of BNB Tokens
Sun, 07/18/2021 - 17:28
Alex Dovbnya
Binance has announced another major token burn
Binance Burns $393.6 Million Worth of BNB Tokens
Google News
Cryptocurrency exchange Binance has announced the completion of its 16th BNB token burn.
It has destroyed almost 1.3 million tokens that are cumulatively worth $393 million.
After launching its native token, the world’s largest exchange by reported trading volumes committed to burning half of its circulating supply (100 million BNB).
Binance used to burn 20 percent of its quarterly profits, according to the initial version of BNB’s white paper. However, since last summer, it’s no longer the case.
The current version of the white paper states that the number of tokens that Binance destroys every quarter is determined by the trading volumes on its crypto-to-crypto platform that were recorded during the previous quarter:
Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB.
Last quarter, Binance burned a record-breaking $595 million worth of BNB. FTX CEO Sam Bankman-Fried speculated that the exchange’s profits for that quarter could reach $750 million.
The percentage of the Q2 burn remains unclear since Binance doesn’t publicly disclose such numbers.
Binance was forthcoming about the issue in its January blog post, which explains that the “accelerate burn” was needed in order to significantly speed up the process. Otherwise, it would take up 27 years to reach the aforementioned goal of destroying half of the token’s total circulating supply to come to fruition
While the mammoth token burn is undeniably bullish for BNB, the cryptocurrency barely budged on the announcement. It is currently flatlining at $302, according on the BinanceUS exchange.
oh ok, I'm there. I just have finish setting up my Defi wallet, doing that now.
trust wallet to swap that
Need suggestions on where I can buy BNB. Whitebit has it but reviews are not good so I'd rather not.
I'm holding Tether, so If I can swap my USDT ERC20 for BNB that would be preferred.
Bitmart doesn't work as I've created two different emails and get locked out with no support on the issue. Please don't recommend Bitmart regardless of how well it works for you.
Thanks in advance.
Solid!
+12.16% nice day!
is there a way to get bnb direct from Canadian Fiat?
Ya, baby go go go
e
Well, that's twice'
e
Here we go'
e
What-a-ride!
e
$BNB is the run just getting started?With $BTC, $ETH and all of crypto fixing to breakout to new blue sky highs. $BNB over and well into thousands club$3-$5k per $BNB appears to be comingLOVE: $INTV $UAMM $TSLA $SPY $MARA $RIOT $DOGE $GLD $SLV Do your own dd. I'm trading
$500 coming quick
Next bitcoin run this will fly
Binance looking good
The exchange coins are gold
Buy the dips
I am glad you did get out.
BNB$ $500 TARGET PRICE WOOHOOOOOOOOOOOOOOO
Glad I got in and got out. Waiting for the next BNB pump.
Weeeeeeeeeee $207
BNB$ $60 TARGET PRICE WOOHOOOOOOOOOOOOOOO
Guess no one likes BNB?
CRUSHING IT
Lock n Loaded BNB
Alt Coin season underway with BNB leading!
Outstanding trading day #BNBUSD
Already paying off. Thank you
Loading this dip BNB
With Binance US launched I expect a lot of support and new money back into BNB.
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