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 bought Binance coin (BNB) yesterday when it fell below $300 USD, I thought yesterday was a good opportunity to buy BNB, considering the token burning program will be taking place this month. BNB coin burning program always has an impact on BNB price, So don't miss this opportunity.