๐Ÿ”ฅ $BNB Eyes $800 as Binance Burns $1B+ Worth of Tokens

๐Ÿš€ Binance Coin ($BNB) is gaining bullish momentum after hitting a monthly high of $672 (July 10), marking a 1.78% daily increase โ€” and that might just be the beginning.

๐Ÿ”บ Whatโ€™s driving the rally?

โ€ข 1.5 million BNB tokens burned, worth over $1 billion, reducing supply and strengthening tokenomics

โ€ข Formation of a bullish ascending triangle, signaling a potential 17% breakout to $800+

โ€ข Reinforced investor confidence in Binanceโ€™s long-term ecosystem strategy

๐ŸŒ 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