Why BNB?

1. Burn Strategy: Binance conducts periodic burns of a portion of BNB as part of its commitment to reduce the total supply to 100 million coins.

2. Burn Size: These burns are massive and ongoing, and are determined based on the platform’s profits during each quarter.

3. Impact on price: The goal of burning is to reduce supply and increase value in the long run.

Other examples of burning:

Shiba Inu (SHIB): Has done a large number of burns through community initiatives.

Ethereum (ETH): After the EIP-1559 update, a percentage of transaction fees are now permanently burned.

This is not a recommendation or an invitation to buy, no one is more concerned with your money than you.

Don't forget to check out the pinned post 😊 🤝

$BNB

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