#bnbstarburst & Why its so significant
#bnbstarburst (BNB Binance) Currently burns tokens quarterly, they have committed to burn 100 million tokens. They have burned 25 million to date 16 total burns. This token has a constant rise, usually they burn at least one million tokens… that seems to have a pretty high price tag…. That is one part of the puzzle..also they reward holders just for holding the token on their exchange, so even less to go around on a regular a basis. Finally like I mentioned previously on the smart chain yikes. Deflationary community tokens like Deploystarship (STARSHIP) with very little to burn will skyrocket over time. The trickle down effects could be insane. We already see the BTC type dominance in the smart chain, so what they done here is pretty amazing…
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