Binance Burns More Than 1.6 Million BNB Coins But Price Drops

by bitcoinist 10/17/2018

The world’s largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. 1,643,986 Binance Coins (BNB) Destroyed In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per its whitepaper. Exactly 1,643,986 BNB were destroyed, which is the rough equivalent of $17 million. The move caught the attention



Gainers

Logo Coin Price Change(24 Hour)
GoChain
GoChain$0.0752157687

%14.57

Nexus
Nexus$0.7646931042

%10.07

Kyber Network
Kyber Network$0.4884157855

%9.98

Wanchain
Wanchain$1.0864263658

%6.36

Golem
Golem$0.1849736165

%5.98

Aion
Aion$0.4337524766

%5.32

Chainlink
Chainlink$0.4210599108

%4.65

WAX
WAX$0.0818299134

%4.5


Updated: 10/26/2018

Losers

Logo Coin Price Change(24 Hour)
Genesis Vision
Genesis Vision$14.3613795812

%-8.82

Stratis
Stratis$1.6545331271

%-5.9

MobileGo
MobileGo$0.734701541

%-4.38

Holo
Holo$0.00106263

%-4.19

Ark
Ark$0.7980532874

%-3.87

Komodo
Komodo$1.370880745

%-3.41

CyberMiles
CyberMiles$0.0993901471

%-3.25

Ravencoin
Ravencoin$0.0534907647

%-2.88


Updated: 10/26/2018

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