Binance increases market supply Binance Coin

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Leading the daily trading volume of the cryptocurrency exchange Binance within a few days intends to increase market supply internal token Coin Binance (BNB) to 144 443 301.

To fix circulating supply CMC calculates the way, we will move the unlocked balances out of the Creator’s addresses over the next few days, in small txs as to avoid big fluctuations as suggested by the CMC. And reach the correct final circulating supply of 144,443,301 on CMC.

— CZ Binance (@cz_binance)

CEO platform Chanpen Zhao said that in accordance with recommendations of the analytical resource CoinMarketCap funds will be sent small transactions in order to avoid excessive volatility of the exchange rate.

As of 6:20 UTC, September 23, BNB is in 16th place in the ranking of CoinMarketCap, with a market capitalization of $1,144 billion Market offer at the time of writing is 112 443 301, although in fact an additional 32 million according to the white paper has already been unlocked and are at the address of the Creator.

lol, this tweet is precisely to avoid people mistakenly panicking (and sell). There will be happy buyers, I am sure. But make your own judgements. Nothing changes other than moving a few coins to different addresses.

— CZ Binance (@cz_binance)

In response to the comment in which the user is urged to sell BNB, Zhao noted that, in his opinion, there are many who want to buy coins, so do not panic sell.

“But use your head. Nothing has changed, just a few coins will move to other address.”

Market cap is going to increase, and probably put BNB on the 13th position, displacing TRX. It may certainly rally too.

— Josu San Martin (@josusanmartin)

Another Twitter user suggested that the capitalization of the coin will increase and it will shift TRON (TRX) c 13 th place. Zhao agreed.

precisely.

— CZ Binance (@cz_binance)

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