BNB Bonfire: Binance Burns Big as HODLers Eye the Moon đ
On April 16, 2025, Binance lit up the crypto world by torching ~1.58 million BNB (worth $916M) in their 31st quarterly token burn. Nothing says âweâre seriousâ like vaporizing a billion dollars in crypto. #BurnBabyBurn
Why the fire show? Itâs part of Binanceâs mission to cut BNBâs total supply from 200M to 100M. CZ himself calls it a âcode of honorâ move. The current circulating supply? Dropping fastânow around 139M. Thatâs right, your BNB is becoming rarer than a shiny Charizard. đ
The market loved itâfor a while. BNB surged 5% to $613, but itâs now hovering near $600, teasing a breakout like a final boss fight. If it clears that, $635 could be next. đŽđ
Meanwhile, Binance is cooking up more hype: a Smart Chain upgrade (codename: Lorentz) and their new meme coin platform, Four.meme. Yep, even Binance is going full âmuch wow.â That alone pushed BNB to ~$646 during meme mania. đđ
And the big questionâcan BNB hit $900 or even $1K in 2025? Analysts say maybe. With burns reducing supply, meme momentum, and Binance expanding like a crypto Death Star, the stars might align. (Assuming no regulatory asteroid hits first.)
So buckle up. BNBâs either burning or blastingâbut itâs never boring. #HODL tight and #DYOR, friends. #BNB #CryptoCommunity #NotFinancialAdvice
