BNB removed over two million cryptocurrency from circulation.
Binance burns $620 million worth of BNB.
The world's largest cryptocurrency exchange continues with its goal to reduce the overall BNB in circulation to 100 million.
Binance has removed 2.064 million BNB from circulation worth $620 million, Binance completing the 22nd burn of its native token.
The 22nd burn became the largest in terms of BNB tokens since the record-setting 14th which happened two years ago.
7,181 out of 2064 burned today came from Binance's pioneer burn program the features aim to aid users who have lost access to their BNB tokens once they submit requests through the customer service page and are approved by the exchange.
Binance native crypto has been on a roll since the start of the year. the rest of the market entered 2023 at around $240 but soared by double digits in a few weeks.
This culminated in a surge of $315 which painted BNB's highest price tag since late Nov 22 the assets still trade above the $300
The live BNB price today is $301.25 with a 24-hour trading volume of $539,690,073.BNB is up 0.68% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $47,568,466,658. It has a circulating supply of 157,904,410 BNB coins and a max. supply of 200,000,000 BNB coins