🔥 $1.27 Billion in BNB Gone Forever! Supply Squeeze in Action
The BNB Chain ecosystem just completed its 34th quarterly burn, and the numbers are massive! 🚀
The Breakdown:
🔹 Destroyed: 1,371,803.77 BNB
🔹 Value: ~$1.277 Billion at the time of transaction
🔹 Current Supply: Reduced to approx. 136M BNB
🔹 The Goal: Hitting the 100M BNB milestone
Why does this matter? 💎
BNB is doubling down on its deflationary model. Thanks to the Auto-Burn mechanism, the process is fully transparent, adjusting the burn amount based on on-chain activity and price. With BNB fueling DeFi, NFTs, and Web3 apps, a shrinking supply creates a solid foundation for long-term value.
Cool fact: This burn also included 100.1 BNB lost by users and covered through the "Pioneer Burn" program. Binance continues to support its community even in the smallest details.
What’s your take?
With the supply dropping consistently, where do you see the BNB price heading this quarter? Drop your predictions below! 👇
#BNB #Burn #BNBChain #CryptoNews #Deflationary
