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BNB Foundation Executes 33rd Token Burn

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The post BNB Foundation Executes 33rd Token Burn appeared first on Coinpedia Fintech News

The BNB Foundation completed its 33rd quarterly burn, destroying 1,441,281.413 BNB tokens valued at about $1.66 billion at the time. This burn reduces the total circulating supply to 137,738,379.26 BNB, steadily moving closer to the ultimate goal of 100 million tokens. The quarterly burn is part of BNB’s ongoing deflationary strategy to enhance token scarcity and potentially increase its value over time, reinforcing confidence in the BNB ecosystem.

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