Binance, the world's largest login password trading center, said on Tuesday that it burned 2064494.32 BNB tokens in the token burning system in the 22nd quarter. The aim of Binance is to reduce the supply of goods in circulation to 100 million BNB.BNB automatic disc burningProgram flow. Traders did not immediately clarify the facts about Binance's recent burning of BNB.
According to an official announcement on January 17th, Binance revealed thatThe 22nd quarter BNB token burning. The latest burns also include 7181.03 BNB according to Xianfeng Burn Program..
According to the transaction information, nearly 2 million BNB tokens were burned in the UTC at 08: 00 a.m., worth about $620 million. As a result, Binance has gradually removed more than 2 million BNB from the supply of goods in circulation. At this stage, the commodity circulation supply of BNB tokens is 157904427 BNB.
So far, Binance has burned 44.095 million BNB tokens. Binance uses fully automatic combustion system software to reduce the total supply of the circulation system to 100000000 BNB. The system calculates the total number of BNB to be burned based on BNB prices and the total number of db blocks generated on BNB Smart Chain (BSC) this quarter.
According to the BNB Combustion Portal, the predicted value of the next combustion is 2070356.52 BNB. However, data at this stage show that the total number of BNB tokens is likely to be in the23rd quarterly BNB token burning.
Please also refer toThe following belongs to the value of $1000 that you have been investing in BNB if Binance Coin achieves $500,
After the Binance burns the BNB token, it generally increases the BNB price. However, the trader did not immediately take action on the last burn.
The price of Bnb has increased by nearly 1% in the past 24 hours, and the current transaction price is $301.12. The 24-hour bottom and higher are $294.18 and $302.16, respectively. In addition, trading volume has fallen by 2 per cent in the past 24 hours, indicating a marked decline in enthusiasm among foreign exchange traders.
Please also refer toCoinbase will face class action because of Flare AirDrop issue
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