Why BNB Coin Price is Likely to Rise in the Medium Term
Likely price

Why BNB Coin Price is Likely to Rise in the Medium Term

Binance’s CEO Changpeng Zhao (CZ) has announced the burning of approximately $600 million worth of Binance Coins (BNB). The latest development is in line with the company’s crypto burning program. The quarterly event reduces the number of BNB coins in circulation, thereby bringing down inflation and increasing demand for the remaining coins. The strategy has…