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1.4 Million BNB Tokens Taken Out of Circulation

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BNB Technical Analysis

The recent Auto-Burn mechanism destroyed approximately 1.44 million BNB tokens, equating to over $1.2 billion in value at the time of the burn. This process removes tokens permanently, directly influencing the token’s scarcity and serving as a core part of BNB Chain’s deflationary design. The total supply of BNB is set to be reduced to …

The post 1.4 Million BNB Tokens Taken Out of Circulation appeared first on Cryptoknowmics-Crypto News and Media Platform.

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