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BNB Executes $1.02B Quarterly Burn—What’s Next for the Token’s Price?

  • BNB has completed its 32nd quarterly token burn, removing 1,595,599.78 BNB from circulation, worth approximately $1.024 billion.
  • The total remaining supply of BNB now stands at 139,289,513.94 BNB, getting closer to its long-term goal of reducing the original supply to 100 million.
  • The quarterly burns help manage supply, reduce inflation, create scarcity, and support BNB's price as it is used across various ecosystems like DeFi and Web3.
  • Analysts are optimistic about BNB's future price potential, with projections of doubling its current price in the next bull market, supported by its utility and deflationary model.

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