Binance Completes Massive Burn: 1.63M $BNB Worth $1.12B Destroyed

Binance recently burned 1.63 million BNB tokens, valued at $1.12 billion, reducing the circulating supply. With 42.46 million tokens left to burn, this aggressive deflationary move continues to support BNB’s long-term value proposition.

Expert Predictions
Market analysts are optimistic about BNB’s future:

Short-Term Target: A price of $1,000 is seen as achievable in the near term.
Long-Term Potential: Under strong bullish conditions, BNB could rally as high as $5,000.
Technical Outlook
Current price action indicates a possible breakout, with the $650–$700 range emerging as a critical zone to watch. A decisive move above this level could pave the way for significant gains.
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