Binance to Boost BNB Supply: CEO CZ

  • Yuri Molchan
    📰 News

    Changpeng Zhao announced his plans to add 32 mln more Binance Coins, which would be reflected on the Coinmarketcap site. It plans to release coins locked in wallets


Binance to Boost BNB Supply: CEO CZ

In Saturday’s tweet, Changpeng Zhao announced his plans to add 32 mln more Binance Coins, which would be reflected on the Coinmarketcap site.

The company’s team plans to release coins that were locked and held in a digital wallet.

According to analysts, the coin’s rate should not spike, but the market cap will, since the current supply has not been accurately reflected on Coinmarketcap. As soon as the creator coins are released, the supply on the most famous crypto website will total 144,443,301 BNB.

The Binance coin has demonstrated a high level of  stability this year, currently trading at $10.20.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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