There’s been growing buzz around Binance potentially burning 50–51% of BOB’s token supply, but it's important to set the record straight:

🔴 What’s Real … and What’s Rumor?

Community chatter on Binance Square mentions a planned 50–51% burn coming next week

However, there is no official confirmation from Binance or the core BOB team—meaning this is purely speculative at this stage .

Several posts (e.g., from @Iris_Reed) hype the idea, but they’re based on community anticipation, not hard news

✅ How a Burn Would Work
A token burn involves sending tokens to an irrecoverable “dead wallet”, permanently removing them from circulation

Burns typically aim to increase token scarcity — and often fuel short-term price spikes of 20–100%, though long-term effects are less certain binance.com+7binance.com+7binance.com+7.

🧭 Bottom Line
No—Binance hasn't formally announced a 50% burn of BOB.

The number (€50–51% burn**) is speculation, fueled by community hope and rumors.

If a significant burn does occur, expect:

A confirmed transaction on-chain (e.g., Etherscan or BNB Chain)

Updates to circulating supply on CoinGecko/CoinMarketCap

A potential short-lived price rally

🔎 What You Can Do
Keep an eye on official Binance announcements or BOB’s dev/marketing channels for confirmation.

Monitor on-chain wallets, especially any flagged team or treasury wallet for a burn transaction.

Be prepared for heightened volatility, whether or not a burn happens.

In short: This is not confirmed yet. It remains a rumor with hopeful speculation. Happy to help track it in real time if you'd like—just say the word!

***Response from chatgpt***