BNB's 29th token burn slashes supply by 1.77M tokens, enhancing scarcity and value. Strong resistance at $586 and $590 signals potential breakout for BNB price action.
Maxwell Mutuma is a journalist specializing in cryptocurrency and blockchain technology. He has written for various publications including CoinGape News, Bitboat Ltd, Huurbuur, and The Crypto Times. His articles cover a range of topics including Bitcoin ETFs, regulatory issues, market analysis, and the latest developments in the cryptocurrency industry.