Post
Topic
Board Altcoin Discussion
Re: 1 Million BNB Burnt today
by
sadewa69
on 17/04/2021, 02:58:01 UTC
The burn is already done? Why is the price keeps dropping then? BNB needs to retrace it's all time high to start surging again but right now I don't see any bullish trend but I believe that 520$ per BNB is still a steal, BCH on the other hand is going to 1000$ wether you like it or not, many people hate BCH but it has what it takes, anyways it's not to late to buy BNB

This news is very busy talking on social media this time, we will never know when Binance buys more tokens to burn, for now it doesn't seem to have much effect on the price, and maybe yesterday's increase in binance was the effect of burning this time, we have to keep an eye on this in case of a downturn and get ready to re-enter when the price improves.
The community gets the news that there will be a BNB coin burning this month. that's what made the increase happen. and it is truly extraordinary.
Unfortunately, when the burning moment occurred, the market was correcting. that's what made the response from BNB and BTC holders also securing their assets. I think now is the time for them to come back because BTC has started to stabilize the market price. and it will be a good time for altcoins like BNB to make another move.