Do repost and rate:
World's leading crypto exchange token BNB coin touched it's ATH this January. Now as described in the BNB's whitepaper BINANCE goes though a burning process where it buys and destroys BNB worth 20% of the company's quarterly profit. This happens quarterly.
The last burnout took place in Oct 2020 where Binance destroyed a total of 2,253,88 worth about $68 million at that time. And as we all know the price has increased substantially since then. It will be interesting to see how BNB performs this week especially since we are already in a alt bull run phase.
