Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?
If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million
i already have BNB in my binance account and i bought it at 280$, regardless of the upcoming event of burning, but to say that i would buy more, i don't know about that, but i don't think it's risky though, BNB right now is following bitcoin, if Bitcoin goes up, BNB will too, but the upcoming event can make a slight difference, i am looking forward for it.