Key takeawaysToken burns are a key part of many projects’ tokenomics. They permanently remove coins from circulation, but supply cuts alone don’t guarantee price gains.Burns work best when supported ...
BNB chain destroyed 1,441,281.413 BNB, worth around $1.66B. The incineration pushes the project towards the 100 million BNB ...
Projects across the BNB Chain ecosystem recorded a jump in activity, token prices and trading volume as the blockchain’s native BNB token hit a record price above $710 during the Asian morning.
David Namdar’s CEA is converting $77.5M cash plus $624M in 480,000 BNB into a bid for 1% of Binance’s money supply—turning BNC from a company into a BNB balance sheet at the top of the market. CEA ...
On Apr. 16, BNB Chain burned 1.57 BNB tokens worth $916 million in the 31 st quarterly token burn. Binance co-founder Changpeng Zhao "CZ" shared the announcement on X (formerly Twitter). BNB’s ...
With the burn BNB recovered the third-place ranking it had to XRP. XRP now has a market cap of $157.6 billion, slightly ...
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