Post
Topic
Board Speculation (Altcoins)
Re: BNB burn 16th. Now BNB is worth $312. Will you buy or not?
by
Mihawk
on 08/07/2021, 15:12:02 UTC
Compared to the current supply of BNB, the value of 2M of BNB is still insignificant and I don't know if it's enough to impact the market and make prices go up. Will there be other news in conjunction with this burning? If so, maybe something will happen. BNB will not become more expensive if demand remains the same. The psychological effect that if you don't buy BNB now you will have 2M less to buy later won't have an effect like last year. It is difficult to analyze this situation, what would be the price projections for BNB after this burning? Back to $600? Or maybe $1000? Without definitive floors, buying BNB now for no other reason is certainly not the best choice, but it's up to you to decide what's best for you.