/biz/ - Business & Finance

A reminder that Binance has burned nearly 37bn LUNC since the Terra Luna Crash Anonymous Sun Aug 13 16:02:16 2023 No.55824504 [View]
File: 126 KB, 1422x614, Binance Burn.png [View same] [iqdb] [saucenao] [google]

Even at the 2023 all time low price of $0.00007765 - that represents a value of $2.87m (And they burnt most of it at a much higher price

They continue to support monthly burns.

Why would they literally throw over $2.87m into a chain if they didn't have a long term plan?

It's not for marketing, because they haven't really talked about it since.

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