Hey,
If you are not aware of this, Binance today burnt 1 Million BNB worth $500 Million dollars. What is the expected price jump in BNB due to this?
Would love to know your feedback
Burning BNB just means that prices will push up back for sure, and it already happened because of that announcement, but as an investor, you need to make a profit in it and that's what people are doing.
From around 250$ price of BNB, it jumps up to around 600$ so we could surely expect people to make some profit from it, especially if you know how the market works and as well as if you know how to exchange token works.
It's still bullish from 250$ I made a few mistakes selling some of my BNB around 400$ but still, I'm in profit anyway, But we could surely expect a skyrocket to its market price next month.