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Coin Edition 2024-11-01 16:20:00

BNB Chain Burns $1 Billion in BNB, Aiming for 100 Million Supply

The BNB Foundation completed its 29th quarterly token burn, removing over 1.77 million BNB from circulation, worth approximately $1.07 billion. This is part of BNB Chain’s Auto-Burn initiative, designed to reduce the total token supply and support the token’s market value. This burn included an adjustment to address past technical discrepancies. Token Burn Breakdown: Auto-Burn The post BNB Chain Burns $1 Billion in BNB, Aiming for 100 Million Supply appeared first on Coin Edition .

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