$BNB

#BNB Utility Token:

BNB offers several uses within the Binance ecosystem, including reduced trading fees on the Binance exchange and serving as payment for transaction fees on Binance Smart Chain.

Burn Mechanism:

Binance regularly "burns" a portion of BNB tokens based on its revenue. By removing these tokens from circulation, the total supply decreases, which could potentially drive up the value of the remaining BNB tokens. This burn strategy is designed to create scarcity and support long-term value.