How The $32 Million Coin Burn Affects Binance Coin? BNB Setting New Standards? What is a Coin Burn?

How The $32 Million Coin Burn Affects Binance Coin? BNB Setting New Standards? What is a Coin Burn?

According to the exchange’s whitepaper, every quarter, Binance will use 20% of its profits to buy back Binance Coin at market value and ‘burn’ them, removing said tokens from the overall circulating supply. This process will continue until 50% of all BNB are burned, or approximately 100 million tokens.

What do you think will change in the upcoming months?
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