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The BNB Foundation has just completed its 29th quarterly token burn, removing over 1.7 million BNB (valued at approximately $1.07 billion) from circulation—a substantial reduction. Why burn BNB tokens? BNB is designed as a deflationary token, meaning its supply gradually decreases over time to help support its value. To achieve this, periodic token burns are conducted to permanently reduce the circulating supply. Following this recent burn, BNB’s current supply stands at 144,099,981.1 BNB. An additional 43,533,387.84 BNB will be burned in future cycles until the scheduled burns conclude. Will this impact BNB's price? Price movements depend largely on supply and demand dynamics. When the supply of an asset decreases and demand remains steady or increases, prices tend to rise. Given Binance’s position as the top crypto exchange, demand for BNB is likely to stay strong. With the ongoing reduction in supply and sustained demand, this could positively impact BNB's price over the long term. #29thBNBBurn #16thBTCWhitePaperAnniv #NovCryptoOutlook #CryptoPreUSElection
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Why All Crypto Traders Must Watch Bitcoin’s Movement to Understand Market Dynamics
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If you entered a short at a right time then it's gonna pay out. It's not too late tho. We also trade the FUD. #BullRunAhead #CryptoPreUSElection #BTC67KRebound
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Warning to Traders: Binance Delisting of Monitored Tokens Sparks Major Losses.
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When a new coin gets listed, drops, then bounces back into price discovery, it’s one to respect. Keep that coin on your watchlist for a solid entry point. $Neiro was the first token to recover from the recent pullback, and it's now in price discovery—pretty impressive for a meme project! Here’s another tip: keep an eye on the market and look for projects that bounce back quickly after a crash or pullback. Those are the ones people are eager to invest in or accumulate. If you want me to keep dropping these random lessons, just hit me with a '👍🏾'! #WeAreAllSatoshi #BTCUptober #NeiroOnBinance #BTCReboundsAfterFOMC #BTC☀ $NEIRO
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