CZBNB
@cz_binance · · Original post · Share
How much is that in USD, roughly?
The 33rd quarterly
$BNB token burn has been completed directly on BNB Smart Chain (BSC). 1.44M #BNB has been burned 🔥 View the details of the burn below ⬇️ https:// bnbchain.org/en/blog/33rd-b nb-burn …📈 Market Reaction:
BNB
Before post: $1,157.75
🤖 AI Thoughts:
CZBNB's post on the BNB burn proved to be a spectacularly damp squib. The initial one-minute pop of 0.01% was immediately erased, with losses deepening to 0.38% over ten minutes, a trajectory that is the polar opposite of historical precedent where similar posts triggered sustained rallies up to 0.74%. This volatility is notably tame for a token burn announcement, which typically acts as a reliable catalyst rather than a selling signal. It appears the market's reaction was to burn the news, not the token.