burning
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ترجمة
📊 Total LUNC Burned by Binance. 🔍 Key Insights 👇
🔹 Binance has burned roughly 81.18 billion LUNC to date (as of latest data Jan 14, 2026).
This figure is tracked by the LUNC Metrics burn tracker and reflects all tokens Binance has sent to official burn addresses from collected trading fees and related mechanisms.
📉 Proportion of Total Burn
🔹 Binance’s burns account for about ~18.6% of the total LUNC burned so far. �
💡 This means most LUNC burns come from other sources (on-chain tax burns, community initiatives, validators) rather than Binance alone.
🔍 Key Insights
• Binance burns are ongoing and monthly—they convert trading fees from LUNC spot and margin trades into LUNC and send them to the official burn address. �
• The overall impact on circulating supply is modest relative to the huge total supply (still trillions of tokens), but every reduction helps slightly reduce inflation. �
luncmetrics.com
coincodex.com
If you want, I can also break down how Binance’s burn-to-supply ratio has changed over time or show how these burns correlate with LUNC price movements.
$LUNC #burning #HoldForHugeProfits
This figure is tracked by the LUNC Metrics burn tracker and reflects all tokens Binance has sent to official burn addresses from collected trading fees and related mechanisms.
📉 Proportion of Total Burn
🔹 Binance’s burns account for about ~18.6% of the total LUNC burned so far. �
💡 This means most LUNC burns come from other sources (on-chain tax burns, community initiatives, validators) rather than Binance alone.
🔍 Key Insights
• Binance burns are ongoing and monthly—they convert trading fees from LUNC spot and margin trades into LUNC and send them to the official burn address. �
• The overall impact on circulating supply is modest relative to the huge total supply (still trillions of tokens), but every reduction helps slightly reduce inflation. �
luncmetrics.com
coincodex.com
If you want, I can also break down how Binance’s burn-to-supply ratio has changed over time or show how these burns correlate with LUNC price movements.
$LUNC #burning #HoldForHugeProfits
ترجمة
$BNB
QUARTERLY BURN
Another 1.372M $BNB has just been burned, worth approximately $1.3B
$BNB burns take place every quarter
In total, 12.9M BNB have already been burned from this address, amounting to $9.2B burned over time
This is what proper actions from the team look like
Follow Wendy for more latest updates
creat a post like this and same style but different words and which worlds attrect to treaders for trading in bnb token
#MarketRebound #burning #NewsAboutCrypto
QUARTERLY BURN
Another 1.372M $BNB has just been burned, worth approximately $1.3B
$BNB burns take place every quarter
In total, 12.9M BNB have already been burned from this address, amounting to $9.2B burned over time
This is what proper actions from the team look like
Follow Wendy for more latest updates
creat a post like this and same style but different words and which worlds attrect to treaders for trading in bnb token
#MarketRebound #burning #NewsAboutCrypto
ترجمة
🚨 $ICP SUPPLY IS VANISHING — THIS IS NOT PRICED IN YET 🔥
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. #InternetComputer #TokenBurning #burning
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. #InternetComputer #TokenBurning #burning
Madlyn Zephyr cuSM:
Possono gonfiare o sgonfiare il prezzo regolando l’emissione di token. Un prezzo basso è vantaggioso per icp, in caso di perdita chi esce prende poco
ترجمة
🚨 $ICP
SUPPLY IS VANISHING — THIS IS NOT PRICED IN YET 🔥
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. #InternetCompute r #TokenBurning #burning
SUPPLY IS VANISHING — THIS IS NOT PRICED IN YET 🔥
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. #InternetCompute r #TokenBurning #burning
ترجمة
🚨 $ICP SUPPLY IS VANISHING — THIS IS NOT PRICED IN YET 🔥
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #icp . #InternetComputer #TokenBurning #burning
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #icp . #InternetComputer #TokenBurning #burning
ترجمة
🚨 $ICP SUPPLY IS VANISHING — THIS IS NOT PRICED IN YET 🔥
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. . #InternetComputer #TokenBurning #burning
This isn’t hype.
This is math + demand tightening supply fast.
$ICP burn growth is going vertical:
2023: 58K burned
2024: 553K burned
2025: 1.66M burned
That’s not linear — that’s acceleration.
Every new dApp on Internet Computer burns ICP.
More usage = less supply. Simple.
⚠️ We’re nearing the inflection point where burns > emissions.
Once that happens, price doesn’t ask for permission.
📆 2026 = supply deficit era.
Smart money doesn’t wait for confirmation —
it positions before the shortage is obvious. 💎
#icp #ICP. . #InternetComputer #TokenBurning #burning
ترجمة
TNEWS token burns for the second week are complete. A total of 300,000 TNEWS tokens were burned across 3 blockchains. TNEWS token burns will continue every week...
You can check information about the fires on the TerraNewsEN (X) page.
We entered the top 100 projects on the BSC network. We achieved great success in 4 days. We are the 2nd best project on the Gate Layer network. We continue to rise on the Terra Classic chain.
Many exchanges are interested in listing TNEWS tokens, but our primary target will be Binance Alpha. After a Binance Alpha listing, we could become a project exceeding $100 million.
Thank you for your interest in the burns. Here are the details (will be updated weekly);
11.01.2026 Week 2 burnings;
🔶 TNEWS (BSC); 100.000 TNEWS burned.
🔷 TNEWS (Gate Layer); 100.000 TNEWS burned,
🟡 TNEWS (Terra Classic); 100.000 TNEWS burned,
➕Total number of TNEWS burned/locked;
🔶TNEWS (BSC); 200.200.000 TNEWS burned. (NOTE: 200m TNEWS was added as a TNEWS/BNB LP by FourMeme, and the entire LP was burned.)
🔷 TNEWS (Gate Layer); 200.000 TNEWS burned,
🟡 TNEWS (Terra Classic); 200.000 TNEWS burned,
⚠️INFORMATION: There will be mass burns every time the TNEWS token market capitalization increases by $1 million. The first mass burn is set at 5 million TNEWS. Check the White Paper for details.
#TNEWS #Burning #Binance #BSC #LUNC
You can check information about the fires on the TerraNewsEN (X) page.
We entered the top 100 projects on the BSC network. We achieved great success in 4 days. We are the 2nd best project on the Gate Layer network. We continue to rise on the Terra Classic chain.
Many exchanges are interested in listing TNEWS tokens, but our primary target will be Binance Alpha. After a Binance Alpha listing, we could become a project exceeding $100 million.
Thank you for your interest in the burns. Here are the details (will be updated weekly);
11.01.2026 Week 2 burnings;
🔶 TNEWS (BSC); 100.000 TNEWS burned.
🔷 TNEWS (Gate Layer); 100.000 TNEWS burned,
🟡 TNEWS (Terra Classic); 100.000 TNEWS burned,
➕Total number of TNEWS burned/locked;
🔶TNEWS (BSC); 200.200.000 TNEWS burned. (NOTE: 200m TNEWS was added as a TNEWS/BNB LP by FourMeme, and the entire LP was burned.)
🔷 TNEWS (Gate Layer); 200.000 TNEWS burned,
🟡 TNEWS (Terra Classic); 200.000 TNEWS burned,
⚠️INFORMATION: There will be mass burns every time the TNEWS token market capitalization increases by $1 million. The first mass burn is set at 5 million TNEWS. Check the White Paper for details.
#TNEWS #Burning #Binance #BSC #LUNC
ترجمة
3.5% ЭМИССИИ МОГУТ ИСЧЕЗНУТЬ ЗА ГОД! 📉🚀
При текущем темпе сжигания (около 1 млн POL в день), #Polygon может уничтожать до 3.5% своего предложения ежегодно. 🔥
Важный нюанс: Сжигание в 2 раза превышает награды за стейкинг (1.5% в год).
Это создает колоссальное дефляционное давление, которого у Polygon никогда не было раньше. 🏔️💎
ПРЕДЛОЖЕНИЕ ПАДАЕТ, СПРОС РАСТЕТ. МАТЕМАТИКА — ВЕЩЬ УПРЯМАЯ. 📐💰 #Tokenomics #POL #Burning #PassiveIncome
$POL
При текущем темпе сжигания (около 1 млн POL в день), #Polygon может уничтожать до 3.5% своего предложения ежегодно. 🔥
Важный нюанс: Сжигание в 2 раза превышает награды за стейкинг (1.5% в год).
Это создает колоссальное дефляционное давление, которого у Polygon никогда не было раньше. 🏔️💎
ПРЕДЛОЖЕНИЕ ПАДАЕТ, СПРОС РАСТЕТ. МАТЕМАТИКА — ВЕЩЬ УПРЯМАЯ. 📐💰 #Tokenomics #POL #Burning #PassiveIncome
$POL
ترجمة
Terra Classic (LUNC): looking at the numbers without illusions.
Goals vs. reality
Target price: $0.01
Required market cap: around $55 billion
This would be extremely difficult, but still theoretically possible — only if massive token burns happen, trading volume increases significantly, and the broader crypto market enters a strong bull run.
Target price: $1
Required market cap: around $5.5 trillion
This is unrealistic with the current supply. Even Bitcoin has never reached that level of capitalization.
Burning progress and timelines
Already burned: approximately 426 billion LUNC
Current circulating supply: about 5.5 trillion
Average burn rate: roughly 0.8–1.2 billion LUNC per month
At this pace:
Burning 1 trillion tokens would take 70–90 years.
Reaching $0.01 purely through burning is not realistic.
Conclusion here is simple: burning alone is not enough.
What could realistically support growth
Real growth in network usage
Strong partnerships and real applications
A burn rate increase of 10–20 times
A broad crypto market bull run
Final, honest takeaway
$1 is fantasy.
$0.01 is possible, but not anytime soon.
LUNC should be viewed as a speculative asset, not a guaranteed path to riches.
#TerraLunaClassic #burning
$LUNC
Goals vs. reality
Target price: $0.01
Required market cap: around $55 billion
This would be extremely difficult, but still theoretically possible — only if massive token burns happen, trading volume increases significantly, and the broader crypto market enters a strong bull run.
Target price: $1
Required market cap: around $5.5 trillion
This is unrealistic with the current supply. Even Bitcoin has never reached that level of capitalization.
Burning progress and timelines
Already burned: approximately 426 billion LUNC
Current circulating supply: about 5.5 trillion
Average burn rate: roughly 0.8–1.2 billion LUNC per month
At this pace:
Burning 1 trillion tokens would take 70–90 years.
Reaching $0.01 purely through burning is not realistic.
Conclusion here is simple: burning alone is not enough.
What could realistically support growth
Real growth in network usage
Strong partnerships and real applications
A burn rate increase of 10–20 times
A broad crypto market bull run
Final, honest takeaway
$1 is fantasy.
$0.01 is possible, but not anytime soon.
LUNC should be viewed as a speculative asset, not a guaranteed path to riches.
#TerraLunaClassic #burning
$LUNC
ترجمة
Разбор Terra Classic (LUNC) по цифрам — без иллюзий.
🎯 Цели и реальность
💲 $0.01
Нужная капитализация: ~55 млрд $
Это очень сложно, но теоретически возможно
👉 при массовых burn, росте объёмов и общем булл-рынке.
💲 $1
Нужная капитализация: ~5.5 трлн $
❌ Нереально при текущем предложении (даже BTC столько не стоит).
🔥 Сжигание: сколько и сколько лет
Уже сожжено: ~426 млрд LUNC
В обращении: ~5.5 трлн
Средний burn сейчас: 0.8–1.2 млрд в месяц
⏳ С таким темпом:
Чтобы сжечь 1 трлн → 70–90 лет
Чтобы дойти до цены $0.01 только за счёт burn → невозможно
⚠️ Вывод: одного burn недостаточно.
✅ Что реально может помочь росту
📈 Рост реального использования сети
🤝 Крупные партнёры / приложения
🔥 Увеличение burn в 10–20 раз
🐂 Общий булл-ран крипторынка
🧠 Честный итог
❌ $1 — фантазия
⚠️ $0.01 — шанс есть, но не скоро
💡 LUNC — спекулятивный актив, а не гарантированный «билет в миллионеры»
#TerraLunaClassic #burning
$LUNC
🎯 Цели и реальность
💲 $0.01
Нужная капитализация: ~55 млрд $
Это очень сложно, но теоретически возможно
👉 при массовых burn, росте объёмов и общем булл-рынке.
💲 $1
Нужная капитализация: ~5.5 трлн $
❌ Нереально при текущем предложении (даже BTC столько не стоит).
🔥 Сжигание: сколько и сколько лет
Уже сожжено: ~426 млрд LUNC
В обращении: ~5.5 трлн
Средний burn сейчас: 0.8–1.2 млрд в месяц
⏳ С таким темпом:
Чтобы сжечь 1 трлн → 70–90 лет
Чтобы дойти до цены $0.01 только за счёт burn → невозможно
⚠️ Вывод: одного burn недостаточно.
✅ Что реально может помочь росту
📈 Рост реального использования сети
🤝 Крупные партнёры / приложения
🔥 Увеличение burn в 10–20 раз
🐂 Общий булл-ран крипторынка
🧠 Честный итог
❌ $1 — фантазия
⚠️ $0.01 — шанс есть, но не скоро
💡 LUNC — спекулятивный актив, а не гарантированный «билет в миллионеры»
#TerraLunaClassic #burning
$LUNC
🔥 حرق العملات | الحلقة 1️⃣ ما هو حرق العملات؟
حرق العملات (Coin Burn) هو عملية يتم فيها إزالة عدد محدد من العملات الرقمية نهائيًا من التداول.
ببساطة:
العملة التي تُحرق ➜ لا يمكن استخدامها ➜ لا يمكن بيعها ➜ لا يمكن استرجاعها.
كيف يحدث ذلك؟
يتم إرسال العملات إلى عنوان خاص يُسمى:
Burn Address
وهو عنوان لا يمتلك أحد مفاتيحه الخاصة،
وبالتالي تصبح هذه العملات خارج السوق للأبد.
لماذا تلجأ المشاريع إلى الحرق؟
• تقليل المعروض المتداول
• مواجهة التضخم الناتج عن التعدين أو المكافآت
• دعم اقتصاد العملة (Tokenomics)
• أو ربط الحرق بالنشاط الحقيقي داخل المشروع
لكن نقطة مهمة جدًا:
❗ حرق العملات لا يعني تلقائيًا ارتفاع السعر.
القيمة لا تأتي من الحرق وحده،
بل من:
• الطلب
• الاستخدام الفعلي
• ثقة السوق
• واستمرارية المشروع
في الحلقات القادمة:
سنفهم متى يكون الحرق مفيدًا فعلًا،
ومتى يكون مجرد ضجيج بلا تأثير.
🔥 هذه مجرد البداية.
$FLOKI $LUNC $SHIB
#educational_post #burning #Burn
ببساطة:
العملة التي تُحرق ➜ لا يمكن استخدامها ➜ لا يمكن بيعها ➜ لا يمكن استرجاعها.
كيف يحدث ذلك؟
يتم إرسال العملات إلى عنوان خاص يُسمى:
Burn Address
وهو عنوان لا يمتلك أحد مفاتيحه الخاصة،
وبالتالي تصبح هذه العملات خارج السوق للأبد.
لماذا تلجأ المشاريع إلى الحرق؟
• تقليل المعروض المتداول
• مواجهة التضخم الناتج عن التعدين أو المكافآت
• دعم اقتصاد العملة (Tokenomics)
• أو ربط الحرق بالنشاط الحقيقي داخل المشروع
لكن نقطة مهمة جدًا:
❗ حرق العملات لا يعني تلقائيًا ارتفاع السعر.
القيمة لا تأتي من الحرق وحده،
بل من:
• الطلب
• الاستخدام الفعلي
• ثقة السوق
• واستمرارية المشروع
في الحلقات القادمة:
سنفهم متى يكون الحرق مفيدًا فعلًا،
ومتى يكون مجرد ضجيج بلا تأثير.
🔥 هذه مجرد البداية.
$FLOKI $LUNC $SHIB
#educational_post #burning #Burn
ترجمة
“I’m hearing that LUNC coin might reach $1. But how is that even possible, and why are so many people saying this? Is it actually true? And even if it does go to $1, how many years might it take realistically?
And if it doesn’t reach $1, then with all the burning and everything else going on — what price could it realistically reach?”
Please help me experts!!!!
$LUNC $BTC $ETH #burning #hype #luncburn
And if it doesn’t reach $1, then with all the burning and everything else going on — what price could it realistically reach?”
Please help me experts!!!!
$LUNC $BTC $ETH #burning #hype #luncburn
ترجمة
$PENGU GUYS BEST TIME TO BUY PENGU ITS VERY MUCH PUMP IS COMING JUST IN 15 MINT BUYYYYY LONGGGG EARN 💵💸#BTCHovers100k #burning #MarketRebound #pengu
ترجمة
$PENGU
Guys best time to buy Pengu I will pump now best chance to recover your losses#USBitcoinReserves #bitcoin #pengu #burning
Guys best time to buy Pengu I will pump now best chance to recover your losses#USBitcoinReserves #bitcoin #pengu #burning
ترجمة
$Jager on the way to moon❤️❤️
It's #burning token every single Minutes, just check BSCscan,
It's the best project last 10 years❤️❤️
Buy and Hold tightly ❤️❤️
It's #burning token every single Minutes, just check BSCscan,
It's the best project last 10 years❤️❤️
Buy and Hold tightly ❤️❤️
ترجمة
$BTTC Queima 🔥🔥🔥 sai deste corpo que não te pertence!!! Assim como no Museu Ipiranga houve a algum tempo atrás queimas e destrosos e depois uma grande REFORMA no patrimônio Público, assim teriam que ser este $BTTC haja paciência na minha cabecinha🧠, espero que esta Cripto não vire obra de Museu estilo Mona Lisa, Povão sera que este BTTC sera a próxima obra da Mona lisa?? Denominado: "BTTC Lisa*, kkkkkk
#monalisa #bttc🔥🔥🔥 #BTTCLOVERSclack #BinanceSquareFamily #burning
$BTC
#monalisa #bttc🔥🔥🔥 #BTTCLOVERSclack #BinanceSquareFamily #burning
$BTC
ترجمة
BNB Foundation Completes 30th Quarterly Token Burn on BNB Chain
The BNB Foundation has announced the completion of its 30th quarterly token burn, removing over 1.6 million BNB from circulation, valued at $1.16 billion. The foundation still aims to reduce the total supply of tokens to 100 million BNB, which means burning an additional 42.47 million tokens.
Token Burn Utilized Auto-Burn and Pioneer Burn Mechanisms
The burn was executed using the Auto-Burn mechanism introduced through BEP-95, which eliminated more than 1.5 million BNB. An additional 110,000 BNB were burned through the Pioneer Burn program.
According to the foundation, these tokens were deemed "irretrievable" by validators on the Beacon Chain and were considered permanently burned. Validators received compensation through the Pioneer Burn Program. Current data shows approximately 142.47 million BNB tokens remain in circulation.
Future Burning Processes to Rely on Auto-Burn
The BNB Foundation plans to continue gradually reducing the token supply using the Auto-Burn mechanism. This system will adjust burn amounts based on the price of BNB and the number of blocks generated on the BNB Smart Chain (BSC) during each quarter, ensuring predictability and transparency.
Burns will be conducted via the “black hole” address:
0x0000000000000000000000000000000000dEaD
Additionally, the BNB Chain will maintain real-time burning based on gas fees. Since the introduction of BEP-95, nearly 248,000 BNB have been burned using this mechanism.
The Pioneer Burn program will also continue to help users recover tokens lost due to honest mistakes through quarterly burn events.
Binance CEO on Crypto Adoption
Binance CEO Richard Teng stated that cryptocurrency adoption is still in its early stages. He highlighted the misconception that it is "too late" to get involved in crypto, emphasizing the transformative potential the industry still holds.
Teng noted that while early adopters have benefited from their foresight, the opportunities ahead are equally significant.
Using Bitcoin as an example, Teng pointed out that what was once considered impossible—such as a $100,000 price—has now become normalized.
"What was impossible yesterday is expected or even ordinary today," said Teng.
He added that the momentum in the cryptocurrency industry is accelerating in 2024 and will likely gain even more speed in 2025.
#Binance , #burning , #CryptoMarket , #CryptoNewss , #cryptocurrencies
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Token Burn Utilized Auto-Burn and Pioneer Burn Mechanisms
The burn was executed using the Auto-Burn mechanism introduced through BEP-95, which eliminated more than 1.5 million BNB. An additional 110,000 BNB were burned through the Pioneer Burn program.
According to the foundation, these tokens were deemed "irretrievable" by validators on the Beacon Chain and were considered permanently burned. Validators received compensation through the Pioneer Burn Program. Current data shows approximately 142.47 million BNB tokens remain in circulation.
Future Burning Processes to Rely on Auto-Burn
The BNB Foundation plans to continue gradually reducing the token supply using the Auto-Burn mechanism. This system will adjust burn amounts based on the price of BNB and the number of blocks generated on the BNB Smart Chain (BSC) during each quarter, ensuring predictability and transparency.
Burns will be conducted via the “black hole” address:
0x0000000000000000000000000000000000dEaD
Additionally, the BNB Chain will maintain real-time burning based on gas fees. Since the introduction of BEP-95, nearly 248,000 BNB have been burned using this mechanism.
The Pioneer Burn program will also continue to help users recover tokens lost due to honest mistakes through quarterly burn events.
Binance CEO on Crypto Adoption
Binance CEO Richard Teng stated that cryptocurrency adoption is still in its early stages. He highlighted the misconception that it is "too late" to get involved in crypto, emphasizing the transformative potential the industry still holds.
Teng noted that while early adopters have benefited from their foresight, the opportunities ahead are equally significant.
Using Bitcoin as an example, Teng pointed out that what was once considered impossible—such as a $100,000 price—has now become normalized.
"What was impossible yesterday is expected or even ordinary today," said Teng.
He added that the momentum in the cryptocurrency industry is accelerating in 2024 and will likely gain even more speed in 2025.
#Binance , #burning , #CryptoMarket , #CryptoNewss , #cryptocurrencies
Stay one step ahead – follow our profile and stay informed about everything #important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
ترجمة
BURNING FALLACY
There is no point on adding deflationary mechanisms if the project mints new tokens at a higher rate than they are burnt, nor if the adoption and network traffic do not grow as well. Burning might lessen the impact of prices declines but only temporarily, as demand is what ultimately determines value.
You need both DEMAND and BURNING to lift PRICES. Artificial scarcity would not save a token when its price plummets, you till need a strong demand for anyone to come and buy down there.
Besides, burning is to a great extent symbolic. By sending tokens to a unusable address after they have been used, gives the impression they were consumed and not hoarded by recipients that might trigger a selloff if they were to liquidate their "inventory".
$BNB (BSC) and $TRX (TRON) have been the only networks I know of that has succeeded in sustaining price levels with a burning mechanism.
VALUE IS WHAT MATTERS. NO MATTER HOW SCARSE A THING IS, IT WOULD BE WORTHLESS IF NOBODY WANTS IT.
$OM team burnt a large portion of their stake in a failed attempt to restore confidence in its network after the pump/dump scandal early this year.
SHIB is an example of burning to compensate losses, not increase the token value.
by MAAM_A1©
#burning #MarketPullback
There is no point on adding deflationary mechanisms if the project mints new tokens at a higher rate than they are burnt, nor if the adoption and network traffic do not grow as well. Burning might lessen the impact of prices declines but only temporarily, as demand is what ultimately determines value.
You need both DEMAND and BURNING to lift PRICES. Artificial scarcity would not save a token when its price plummets, you till need a strong demand for anyone to come and buy down there.
Besides, burning is to a great extent symbolic. By sending tokens to a unusable address after they have been used, gives the impression they were consumed and not hoarded by recipients that might trigger a selloff if they were to liquidate their "inventory".
$BNB (BSC) and $TRX (TRON) have been the only networks I know of that has succeeded in sustaining price levels with a burning mechanism.
VALUE IS WHAT MATTERS. NO MATTER HOW SCARSE A THING IS, IT WOULD BE WORTHLESS IF NOBODY WANTS IT.
$OM team burnt a large portion of their stake in a failed attempt to restore confidence in its network after the pump/dump scandal early this year.
SHIB is an example of burning to compensate losses, not increase the token value.
by MAAM_A1©
#burning #MarketPullback
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