This burn felt different

jaja24

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I’ve been around long enough to see how this space runs. Projects burn 0.0001% of supply, drop a fancy graphic, and somehow expect the price to moon. Nine times out of ten, it’s just optics.

Came across BG burn wow , they burned 30 million BGB about 2.5% of the total supply. For context, BNB only did 0.78% in the same quarter.

I use BGB here and there for staking, farming so this hit a bit closer. Less supply, same utility. It actually made the token feel more solid. No hype, just action.

Not trying to overthink it, but it’s one of the few burns that actually felt like it mattered. Anyone else clock this?img_v3_02le_c1d38875-f003-4c77-937a-56dde179b5hu.jpegIMG_6832.jpeg
 
with Binance having lesser burn % compared to bitget, does it mean that Binance is not being community friendly? Following the fact that this is the 8th BNB burn?
 
I’ve been around long enough to see how this space runs. Projects burn 0.0001% of supply, drop a fancy graphic, and somehow expect the price to moon. Nine times out of ten, it’s just optics.

Came across BG burn wow , they burned 30 million BGB about 2.5% of the total supply. For context, BNB only did 0.78% in the same quarter.

I use BGB here and there for staking, farming so this hit a bit closer. Less supply, same utility. It actually made the token feel more solid. No hype, just action.

Not trying to overthink it, but it’s one of the few burns that actually felt like it mattered. Anyone else clock this?View attachment 438123View attachment 438124
The Burn is needed for the health of the token. By reducing the supply of the token to 1.2 billion, the scarcity will help add more value to the token. I will say the future is bright for BGB holders and launchpool participants. This could be the best time to invest in the token.
 
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