🔥 $BNB Eyes $800 as Binance Burns $1B+ Worth of Tokens
🚀 Binance Coin ($BNB) is gaining bullish momentum after hitting a monthly high of $672 (July 10), marking a 1.78% daily increase — and that might just be the beginning.
🔺 What’s driving the rally?
• 1.5 million BNB tokens burned, worth over $1 billion, reducing supply and strengthening tokenomics
• Formation of a bullish ascending triangle, signaling a potential 17% breakout to $800+
• Reinforced investor confidence in Binance’s long-term ecosystem strategy
🌐 As major exchanges lean deeper into deflationary models and ecosystem growth, BNB continues to cement itself as a powerhouse altcoin with both utility and upside potential.
#Binance #CryptoNews #TokenBurn #Altcoins #Web3
https://coingape.com/markets/bnb-price-targets-800-as-binance-burns-1-5b-tokens/?utm_source=bnb&utm_medium=coingape