Binance Coin's 15th Coin Burn Should Happen in a Month or So – CZ
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March 13, 2021 12:26 pm
In brief:
- According to CZ, the 15th BNB coin burn will happen in a month or so
- Yesterday, Binance Coin dipped by 14% as news broke of the US CFTC investigating the exchange
- One year ago, Binance Coin was trading at $6.40 due to the Coronavirus dip of mid-March
- BNB is trading at $268 and has increased by a factor of 42x since then
The CEO of Binance, CZ, has informed the crypto-verse that the 15th BNB coin burn will happen in a month or so. CZ provided an estimate of the event in response to a Twitter query as to when the next coin burn will be. Below is his response alongside the initial tweet asking about the next coin burn.