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BNB Foundation Executes 33rd Token Burn

Published by
Sohrab Khawas

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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