Binance to Increase Circulating Supply For Binance Coin

Leading by the daily trading volume, the Binance Exchange is planning to increase the market offer of the Binance Coin (BNB) internal token to 144,443,301 within a few days.

CEO Changpeng Zhao stressed that in accordance with the recommendations of the analytical resource CoinMarketCap, funds will be sent by small transactions in order to avoid excessive volatility of the course.

As of 6:20 UTC, on September 23, BNB ranks 16th on CoinMarketCap with a capitalization of $1.151 billion. The market offer at the time of writing is 112,443,301, although in fact an additional 32 million according to white paper are already unlocked and are on the address of the creator.

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

“Make your own judgements.  Nothing changes other than moving a few coins to different addresses.”

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