Will Binance Coin enter supply shock, akin to Ethereum post EIP-1559
It has been quite a week for the collective crypto market, with Bitcoin making a new all-time high. However, some altcoins seemed to be in a rather dormant position, and one of them was Binance Coin.
For the past couple of days, BNB more or less consolidated, and failed to make any new moves on the charts. Nonetheless, the asset was up by 1% over the last week and somehow managed to retain its third spot in the market.
Now, with BSC’s announcement of the new Binance Evolution Protocol (BEP-95) which will accelerate the burn rate of BNB tokens and make the Binance Smart Chain more decentralized, can the same trigger a BNB rally?
The BEP-95 recommended burning 10% of the transaction fees in an ongoing manner. The implementation of BEP-95 could
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