Post
Topic
Board Altcoin Discussion
Re: 1 Million BNB Burnt today
by
Review Master
on 16/04/2021, 18:00:50 UTC
What is the expected price jump in BNB due to this?

Burning event already showed the surge of BNB when it's announced for the first time after the recent IEO and it's on the dumping phase as the event is done. So, every one of those who are familiar with the situation of burning events, might taking short position on BNB for future trades which is obviously for short period of time. BTW, BNB might target for $1k milestone if there will be another IEO in the upcoming weeks, IMO.