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
of course I will buy BNB and hold for the long term, because I believe the price of BNB will definitely continue to increase and give me a big profit, then now is a good opportunity for me to buy BNB, because BNB prices are going down due to market conditions that are experiencing a correction, so if the market starts to growing again and BNB makes a new ATH price, then of course it will be profitable for me.