BNB Chain's latest quarterly burn has been implemented.
This time, the numbers are quite significant—over 1.37 million BNB tokens were burned in a single event, equivalent to approximately 1.277 billion RMB. In the context of the entire crypto market, this regular burn mechanism plays a real role in stabilizing token prices and controlling inflation.
Currently, the circulating supply of BNB has dropped to around 136 million tokens. Each quarterly burn is essentially a permanent removal of a batch of tokens from the market, with the logic being to support value by reducing supply. Many mainstream public chains are employing similar deflationary strategies, and BNB's approach has persisted for several quarters.
For token holders, this regular burn means the BNB in their hands is becoming relatively scarcer. In the long run, such mechanisms are beneficial for the healthy operation of the ecosystem. Of course, the specific price trend will also depend on the overall market conditions and macro environment.
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ETHmaxi_NoFilter
· 19h ago
1.37 million tokens were directly burned. This move is really aggressive. Can the price of the coin not skyrocket?
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MevHunter
· 19h ago
Damn, 1.37 million coins burned directly. This move is truly extraordinary.
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rekt_but_vibing
· 19h ago
1.37 million tokens burned in one go, this move is really bold, the token price is going to rise
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It's both a burn and a scarcity mechanism, sounds great but we still need to see if BNB can hold up in the future
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Wait, is the circulating supply only 1.36 billion tokens? Feels like it should have been like this a long time ago
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Playing the deflationary mechanism to this extent is really impressive, just waiting to see how the crypto market will react next
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Burned over 1.2 billion USD...a bit harsh, but this is what should be done
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Still, as I always say, burning more tokens is pointless without practical application
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Scarcity increases but the macro environment is down, how should we balance this?
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LiquidationWatcher
· 19h ago
1.37 million tokens burned directly? That's ruthless. At this rate, BNB is really becoming more and more scarce.
BNB Chain's latest quarterly burn has been implemented.
This time, the numbers are quite significant—over 1.37 million BNB tokens were burned in a single event, equivalent to approximately 1.277 billion RMB. In the context of the entire crypto market, this regular burn mechanism plays a real role in stabilizing token prices and controlling inflation.
Currently, the circulating supply of BNB has dropped to around 136 million tokens. Each quarterly burn is essentially a permanent removal of a batch of tokens from the market, with the logic being to support value by reducing supply. Many mainstream public chains are employing similar deflationary strategies, and BNB's approach has persisted for several quarters.
For token holders, this regular burn means the BNB in their hands is becoming relatively scarcer. In the long run, such mechanisms are beneficial for the healthy operation of the ecosystem. Of course, the specific price trend will also depend on the overall market conditions and macro environment.