Binance Destroys Nearly $400 Million Worth Of BNB Tokens, But Price Fails To React
The world’s largest cryptocurrency exchange by trading volume, Binance, has completed its 16th quarterly token burn of close to $400 million U.S. dollars worth of Binance Coin (BNB). Nonetheless, the news has had no effect on BNB’s price. Over 1.2 Million Tokens Burned In 2017, when BNB was launched, Binance committed to burning a total of 100 million BNB tokens. […]
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