ALMOST 1 BILLION DOLLARS OF BNB HAVE BEEN BURNED! 🔥
🌐 The BNB Foundation just carried out its largest burn ever, wiping out 1.64 million BNB, equivalent to nearly 1 billion dollars.
🔥 #BNB, the native coin of BNB Chain, is used for transactions and governance in this ecosystem. The Auto-Burn mechanism aims to reduce the total supply to 100 million BNB.
🔥 This burning event takes place live on BSC. However, immediately after the burn, the price of BNB decreased by 1.33% and is currently at $594.60. Total market capitalization is $84.76 billion.
