BNB completes first burn in 2023
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According to the announcement of BNB Chain, this blockchain has just completed the first quarterly BNB burn of 2023. Specifically, more than 2 million BNB (about 575 million USD) were burned this time. Accordingly, the burning includes the Auto-Burn program and the Pioneer Burn Program.
BNB was one of the least affected coins during the 2022 drop. While the price of Bitcoin (BTC), the largest digital currency, has dropped more than 68% from its peak in 2021, the price of BNB is down just 52 % from 669 USD to 315 USD
Reference angle: I have held BNB for more than 1 year now but I am still losing money, should I continue? I’ve been holding a loss for quite a while, so I’m also wondering if I’m planning to transfer a part to RBIF. This project is currently quite popular FOMO
https://preview.redd.it/f31h8xqqv4fa1.png?width=901&format=png&auto=webp&s=b16a318f20055843804fea4581e0db8232c8884c
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How is a bnb burn positive?