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Binance will carry out massive token burning and price may rise
Binance Exchange is generating great interest within its crypto community after announcing an important token burn that tends to increase the value of BNB and drag many other cryptos up. The trading platform is the largest digital currency ecosystem and intends to burn a large amount of tokens on different blockchains, this tends to increase the value of the crypto world even more.
Binance occupies a pivotal point in the cryptocurrency ecosystem, supporting a variety of tokens. The trading platform is known for listing promising tokens to serve its millions of customers across the world. The company also delists altcoins whose trading pairs do not meet its market expectations.