BNB - Next For New ALL TIME HIGHS? 🐼🥟
Probably yes! Our chart has worked well before and may it work well now again.
Price is over support and might be ready to increase pace...
Binance coin market dominance along with the market cap is observing a strong upside momentum. The volume of the coin is also seeing strong momentum. The volume to market cap ratio of the coin suggests a strong bullish trend. One can invest in Binance as per their needs and risk adversity.
Few days ago, Binance announced Monday that it has burned nearly 1.4 million BNB tokens (worth about $640 million at current prices) in its largest-ever burn.
Burning refers to the process of permanently removing a crypto token from circulation, thereby reducing its supply and potentially increasing its price. When Binance launched BNB in 2017, it committed to burning a total of 100 million BNB, i.e., 50% of its total supply. BNB's 40% supply was originally allocated to the Binance team.
Professor is Long on Binance BNB... And we like the gas fees.. ;)
One Love.
the FXPROFESSOR
Price is over support and might be ready to increase pace...
Binance coin market dominance along with the market cap is observing a strong upside momentum. The volume of the coin is also seeing strong momentum. The volume to market cap ratio of the coin suggests a strong bullish trend. One can invest in Binance as per their needs and risk adversity.
Few days ago, Binance announced Monday that it has burned nearly 1.4 million BNB tokens (worth about $640 million at current prices) in its largest-ever burn.
Burning refers to the process of permanently removing a crypto token from circulation, thereby reducing its supply and potentially increasing its price. When Binance launched BNB in 2017, it committed to burning a total of 100 million BNB, i.e., 50% of its total supply. BNB's 40% supply was originally allocated to the Binance team.
Professor is Long on Binance BNB... And we like the gas fees.. ;)
One Love.
the FXPROFESSOR
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