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'll wait for this moment when the burning of $2m will happen, meanwhile I wouldn't prefer buying bnb. Even if this coin has an awesome future, let's not rush on things that aren't about to exist. Just think outside of a box, because you can see the effect of reducing supply when bnb price started gaining an expensive value.