On April 15th, Binance’s development team managed to complete the third quarterly programmed burn of 2,220,314 BNB coins, which were worth a whopping $30 Million at that time. This makes the total supply at 194,972,068 and the supply in circulation at 114,041,290 BNB tokens.
According to their whitepaper, every quarter, Binance uses 20% of the its earnings to buy back BNB and burn them. Their target is a total of 100 Million tokens that will be destroyed, meaning that another 94,972,068 BNB tokens are left to go.
Before the coin-burn, the price
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