Total economic value vs. #BNB value
Since Binance has an economic system, the MV=PQ model can be used to evaluate the value of BNB. According to the value model of MV=PQ, the value of a token mainly depends on the total economic value, the actual circulation of the token, and the circulation speed of the token. Among them, the total economic value is positively correlated with the value of the token. The higher the total economic value, the higher the value of the token. There is an inverse relationship between the actual circulation volume of tokens and the circulation velocity of tokens. The greater the actual circulation volume of tokens, the faster the circulation velocity of tokens, and the lower the value of tokens. This is why token deflation and token lock-up can increase the value of tokens.