🔴$BNX Is all Set to Increase More Than 500%🔴

BNX Set to Surge Over 500% with Upcoming Token Burn

BinaryX has announced a significant proposal to burn 74% of the BNX max supply, marking a major shift towards a deflationary economic model. This move aims to increase the scarcity and value of each BNX token, enhancing the overall sustainability of the token economy.

Key Highlights:

Proposal Details: The community will vote on burning 74% of the BNX max supply. The voting date is yet to be determined.

Immediate Impact: Following the announcement, BNX surged by over 10% within an hour, rising from $1.42 to $1.642. Over the past 24 hours, it has increased by over 38%2.Current Trading: BNX is currently trading at $1.62, with a trading volume increase of 125% to $62.8 million.

Historical Context: BNX reached an all-time high of $1.84 in February and is now just 13% below that peak.

This deflationary move is expected to drive BNX’s value significantly higher, potentially surpassing its previous all-time high and achieving a surge of over 500%.

$WLD  $XRP  #ETH_ETF_Approval_23July  #BinanceTurns7  #Mt_Gox_BTC_Dip  #Write2Earn!  #BNX/USDT