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binance coin bnb burn

Binance carried out its 10th token burn, removing ~$38.8 million worth of BNB from circulation, forever.

Binance Performs its 10th Quarterly Token Burn
The malta-based crypto exchange, Binance, has just carried out its 10th quarterly token burn, removing $38.8 million worth of its tokens (2,216,888 BNB) from circulation, forever. According to the exchange’s founder and CEO, Changpeng Zhao, this is the 2nd biggest burn when it comes to the coins’ USD value, and also the third-biggest burn in terms of BNB.

10th $BNB Burn | Insights and Expectations for the Future of BNB
"This is the 2nd biggest burn in USD terms and the 3rd highest burn in terms of BNB. Moreover, the USD value of the BNB burn grew for a fourth consecutive quarter. " – @cz_binance https://t.co/jsF0LxAxS2 pic.twitter.com/ShX3bvYFhP
— Binance (@binance) January 18,…

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Source: https://bitcoinist.com/binance-coin-bnb-worth-usd-38-million-token-burn/