BNB Soars Toward $700: $1B Token Burn and Corporate Treasury Strategy Ignite Frenzy
BNB rockets toward all-time highs as Binance's billion-dollar burn and treasury pivot supercharge demand.
Supply shock incoming
The 19th quarterly BNB burn—$1B worth of tokens up in smoke—tightens circulation while corporate treasury whispers hint at institutional accumulation. Suddenly, everyone's a 'long-term holder.'
Market mechanics at work
Fewer coins chasing more demand? Basic economics—even crypto bros get that. Add Binance's opaque treasury maneuvers (because transparency is so 2021), and you've got recipe for a liquidity squeeze.
Greed index flashing
Retail FOMO meets corporate strategy—just in time for the usual 'sell the news' crowd to get rekt. Because nothing says 'healthy market' like a 20% pump on a single exchange's accounting decision.