One Million BNB Burned today

anthonypomppompliano
2022-10-21 06:29:45
Today Binance has burnt 1 Million BNB worth $500 Million dollars. What is the expected price jump in BNB due to this?
Because low supply always impacts on the price of the coin.
BNB currenct price is about 570$. So, please give your suggestions about BNB price in next few weeks or months.
bellawilson
2022-10-21 06:35:16

Yes, I think bNB already bounce back to reach 500 USD again. Current BnB price is 542 USD . I hope burn one million has good effect to recover binance price faster. That's a good way to do. I hope BNB will touch 600 USD soon.