BNB

January 18, 2023

BNB stifles despite BNB Chain’s burn of $600M worth of tokens


The BNB token has suffered from a significant decrease in market capitalization as well as investor confidence. This reflects the hurdles that the platform must overcome to become an influential financial instrument. The burn of $600 million worth of tokens is intended to reduce supply and increase demand, thereby driving up the price of BNB. […]