BNB has burned $1 billion worth of tokens, representing a significant reduction in circulating supply. The article suggests it would take approximately six years to reach the targeted 100 million BNB supply. AMBCrypto speculates this supply shock could potentially push the BNB price back towards $700, contingent on market sentiment and trading volume. This burn rate is a key factor for BNB's long-term value proposition.

BNB1.72%
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