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Cryptocurrency News Video

BNB Hits $690! But It’s NOT Because of Token Burns?

Jul 12, 2025 at 03:30 pm Surprise Dinosaur Young

BNB Hits $690! But It’s NOT Because of Token Burns? The BNB Token has surged to $690, but is the price spike really caused by its massive token burns? 🔥 Over 60.7 million BNB tokens—worth $14.2 billion—have been burned, reducing supply by 30%, yet the real driver seems to be elsewhere. 📊 In this video, we break down: ✅ The record-breaking $170B DEX volume on BNB Chain in June 2025 📉 Why token burns aren’t the main reason for the recent BNB rally ⚠️ Derivatives market shows short-term caution between $660–$700 🚀 Long-term outlook toward the $800 target Featuring insights from Binance CEO Changpeng Zhao and analysts’ breakdown of support/resistance zones, we’ll help you understand the true forces behind BNB’s price movements. 💡 Should you buy BNB now? Watch the full analysis before you decide. 🔔 Don’t forget to like, comment, and subscribe for more in-depth crypto updates every week! #BNB #TokenBurn #BNBChain #CryptoAnalysis #DEXVolume #Binance #CryptoNews #Altcoins #BNBPrice #BNB2025
Video source:Youtube

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