{"id":570042,"date":"2024-01-18T01:00:06","date_gmt":"2024-01-18T01:00:06","guid":{"rendered":"https:\/\/wncen.com\/?p=570042"},"modified":"2024-06-11T13:22:53","modified_gmt":"2024-06-11T13:22:53","slug":"bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","title":{"rendered":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million"},"content":{"rendered":"

In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly <\/span>Binance Coin<\/span><\/a> token burn through the BNB Chain. The burn, which included Auto-Burn and the Pioneer Burn Program, eliminated a significant amount of the exchange’s native token from circulation.\u00a0<\/span><\/p>\n

BEP95 Initiative Results In 210K BNB Permanently Burned<\/span><\/h2>\n

During this latest<\/span> burn event<\/span><\/a>, the Auto-Burn process removed 2,141,487.27 BNB from circulation, equivalent to approximately $636 million in USD.\u00a0<\/span><\/p>\n

It is worth noting that the Auto-Burn mechanism operates independently of Binance’s centralized exchange (CEX), providing an auditable and objective process, according to the exchange\u2019s statement.\u00a0<\/span><\/p>\n

Additionally, the<\/span> Pioneer Burn Program <\/span><\/a>contributed by removing 1542.15 tokens from circulation. This program permanently eliminates an amount of BNB equal to the provable lost funds of eligible users.\u00a0<\/span><\/p>\n

Related Reading: QCP Capital Forecasts ETH\u2019s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus<\/a><\/div>\n

Since the introduction of BEP95, an estimated 210,000 tokens have been permanently burned under this mechanism. As announced, the Pioneer Burn Program helps maintain the integrity of the ecosystem and ensures that lost funds do not influence the circulating supply.<\/span><\/p>\n

Furthermore, BNB Chain’s<\/span> Real-Time-Burn mechanism<\/span><\/a> continuously reduces the token supply. This mechanism enables burning a portion of BNB Chain’s gas fees in real-time, further contributing to the ongoing supply reduction efforts.<\/span><\/p>\n

Completing the 26th quarterly BNB token burn marks another significant milestone for the BNB ecosystem. The independent Auto-Burn mechanism, combined with the Pioneer Burn Program and Real-Time-Burn mechanism, showcases BNB Chain’s approach to reducing token supply and fostering long-term value.\u00a0<\/span><\/p>\n

Robust User Adoption<\/span><\/h2>\n

In addition to its quarterly token burn, BNB has recently displayed notable strength and progress, as revealed by Token Terminal’s on-chain <\/span>data<\/span><\/a>.\u00a0<\/span><\/p>\n

With a circulating market cap of $47.86 billion, BNB Chain has experienced a 30.45% increase in market capitalization. This surge in value reflects the growing confidence and demand for the token among investors.\u00a0<\/span><\/p>\n

BNB Chain’s financial metrics are equally impressive. The platform has witnessed a revenue growth of 30.47% over the past 30 days, generating $1.72 million in revenue during this period, as seen in the chart below.\u00a0<\/span><\/p>\n

\"Binance
BNB’s trading volume and revenue year to date. Source: Token Terminal<\/figcaption><\/figure>\n

Extrapolating this data to an annualized basis, the chain’s revenue is noteworthy at $20.96 million, reflecting solid financial stability and sustainable growth.<\/span><\/p>\n

The data from Token Terminal also highlights BNB Chain’s increasing<\/span> user adoption <\/span><\/a>and developer activity. The platform has seen a surge in active daily users, with a 30-day average of 1.42 million, representing a robust 48.6% growth.\u00a0<\/span><\/p>\n

Related Reading: SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network<\/a><\/div>\n

The Binance Coin price performance has been steady, with a 2.14% decrease over the past 24 hours, while showing a positive trend over more extended periods.\u00a0<\/span><\/p>\n

The token recorded a 4.38% increase in the past seven days, and over the past 30 days, it achieved an impressive growth of 30.51%. Furthermore, BNB’s performance over the past 180 days has been significant, with a growth rate of 29.92%.<\/span><\/p>\n

\"BNB\"
The daily chart shows BNB’s price valuation at $308. Source: BNBUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Shutterstock, chart from TradingView.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn through the BNB Chain. The burn, which included Auto-Burn and the Pioneer Burn Program, eliminated a significant amount of the exchange’s native token from circulation.\u00a0 BEP95 Initiative Results In 210K BNB Permanently Burned During this latest burn event, the Auto-Burn process removed 2,141,487.27 BNB from circulation, equivalent to approximately $636 million in USD.\u00a0 It is worth noting that the Auto-Burn mechanism operates independently of Binance’s centralized exchange (CEX), providing an auditable and objective process, according to the exchange\u2019s statement.\u00a0 Additionally, the Pioneer Burn Program contributed by removing 1542.15 tokens from circulation. This program permanently eliminates an amount of BNB equal to the provable lost funds of eligible users.\u00a0 Related Reading: QCP Capital Forecasts ETH\u2019s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus Since the introduction of BEP95, an estimated 210,000 tokens have been permanently burned under this mechanism. As announced, the Pioneer Burn Program helps maintain the integrity of the ecosystem and ensures that lost funds do not influence the circulating supply. Furthermore, BNB Chain’s Real-Time-Burn mechanism continuously reduces the token supply. This mechanism enables burning a portion of BNB Chain’s gas fees in real-time, further contributing to the ongoing supply reduction efforts. Completing the 26th quarterly BNB token burn marks another significant milestone for the BNB ecosystem. The independent Auto-Burn mechanism, combined with the Pioneer Burn Program and Real-Time-Burn mechanism, showcases BNB Chain’s approach to reducing token supply and fostering long-term value.\u00a0 Robust User Adoption In addition to its quarterly token burn, BNB has recently displayed notable strength and progress, as revealed by Token Terminal’s on-chain data.\u00a0 With a circulating market cap of $47.86 billion, BNB Chain has experienced a 30.45% increase in market capitalization. This surge in value reflects the growing confidence and demand for the token among investors.\u00a0 BNB Chain’s financial metrics are equally impressive. The platform has witnessed a revenue growth of 30.47% over the past 30 days, generating $1.72 million in revenue during this period, as seen in the chart below.\u00a0 Extrapolating this data to an annualized basis, the chain’s revenue is noteworthy at $20.96 million, reflecting solid financial stability and sustainable growth. The data from Token Terminal also highlights BNB Chain’s increasing user adoption and developer activity. The platform has seen a surge in active daily users, with a 30-day average of 1.42 million, representing a robust 48.6% growth.\u00a0 Related Reading: SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network The Binance Coin price performance has been steady, with a 2.14% decrease over the past 24 hours, while showing a positive trend over more extended periods.\u00a0 The token recorded a 4.38% increase in the past seven days, and over the past 30 days, it achieved an impressive growth of 30.51%. Furthermore, BNB’s performance over the past 180 days has been significant, with a growth rate of 29.92%. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":570045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,13291,86864,88616,83605,11427,88003,84501,87132,88002,89186,86483,87475,79524,79611,6664,1558],"class_list":["post-570042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-binance-coin","tag-binance-coin-bnb","tag-binance-coin-analysis","tag-binance-news","tag-bnb","tag-bnb-analysis","tag-bnb-burn","tag-bnb-chain","tag-bnb-coin","tag-bnb-news","tag-bnb-price","tag-bnb-smart-chain","tag-bnbusd","tag-bnbusdt","tag-crypto","tag-cryptocurrency"],"acf":[],"yoast_head":"\nBNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million<\/title>\n<meta name=\"description\" content=\"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million\" \/>\n<meta property=\"og:description\" content=\"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T01:00:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:22:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"364\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million\",\"datePublished\":\"2024-01-18T01:00:06+00:00\",\"dateModified\":\"2024-06-11T13:22:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\"},\"wordCount\":535,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260\",\"keywords\":[\"Binance\",\"Binance Coin\",\"Binance Coin (BNB)\",\"Binance coin analysis\",\"binance news\",\"BNB\",\"BNB analysis\",\"BNB burn\",\"bnb chain\",\"BNB Coin\",\"BNB news\",\"BNB Price\",\"BNB Smart Chain\",\"BNBUSD\",\"bnbusdt\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\",\"url\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\",\"name\":\"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260\",\"datePublished\":\"2024-01-18T01:00:06+00:00\",\"dateModified\":\"2024-06-11T13:22:53+00:00\",\"description\":\"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260\",\"width\":364,\"height\":260,\"caption\":\"BNB\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million","description":"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","og_locale":"en_US","og_type":"article","og_title":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million","og_description":"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.","og_url":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-01-18T01:00:06+00:00","article_modified_time":"2024-06-11T13:22:53+00:00","og_image":[{"width":364,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million","datePublished":"2024-01-18T01:00:06+00:00","dateModified":"2024-06-11T13:22:53+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/"},"wordCount":535,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","keywords":["Binance","Binance Coin","Binance Coin (BNB)","Binance coin analysis","binance news","BNB","BNB analysis","BNB burn","bnb chain","BNB Coin","BNB news","BNB Price","BNB Smart Chain","BNBUSD","bnbusdt","crypto","cryptocurrency"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","url":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","name":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","datePublished":"2024-01-18T01:00:06+00:00","dateModified":"2024-06-11T13:22:53+00:00","description":"In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","width":364,"height":260,"caption":"BNB"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million","url":"http:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance coin","binance coin (bnb)","binance coin analysis","binance news","bnb","bnb analysis","bnb burn","bnb chain","bnb coin","bnb news","bnb price","bnb smart chain","bnbusd","bnbusdt","crypto","cryptocurrency"],"dateCreated":"2024-01-18T01:00:06Z","datePublished":"2024-01-18T01:00:06Z","dateModified":"2024-06-11T13:22:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-quarterly-burning-over-2-million-tokens-vanish-valued-at-636-million\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_download-2-12.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_download-2-12.jpg?fit=364%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance coin\",\"binance coin (bnb)\",\"binance coin analysis\",\"binance news\",\"bnb\",\"bnb analysis\",\"bnb burn\",\"bnb chain\",\"bnb coin\",\"bnb news\",\"bnb price\",\"bnb smart chain\",\"bnbusd\",\"bnbusdt\",\"crypto\",\"cryptocurrency\"],\"dateCreated\":\"2024-01-18T01:00:06Z\",\"datePublished\":\"2024-01-18T01:00:06Z\",\"dateModified\":\"2024-06-11T13:22:53Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_download-2-12.jpg?fit=364%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/570042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=570042"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/570042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/570045"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=570042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=570042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=570042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}