I opened a SCARP SHORT suddenly it hit SL due to the recent news.
⏭️ @BinaryXOfficial #Binary will soon enter a deflationary phase, powered by @BNB Chain
⏭️ they are proposing to burn 74% of the BNX max supply, marking a significant shift towards a new deflationary economic model.
⏭️ All BNX token holders will have the opportunity to vote on this historic proposal. Community voting date has not yet been determined
ANALYSIS: this is intended to significantly increase the scarcity and value of each BNX token, enhancing the overall sustainability.
But $BNX is known for one of the PUMP and DUMP tokens in history, If I were you, do not touch this coin. Dont be like me
