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Changpeng Zhao Plans to Burn All Altcoins in His Wallet

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by Giorgi Kostiuk

3 days ago


Binance founder Changpeng Zhao recently hinted at the possibility of burning all altcoins in his crypto wallet, sparking discussions in the crypto community.

Hints of Token Burning

Changpeng Zhao asked on social media: “Is there a quick way to burn all tokens in a BSC address?” This statement provoked discussions about his intentions with these assets.

“Is there a quick way to burn all tokens in a BSC address?”

Altcoins in Public Wallet

Zhao's public wallet holds over 109 different altcoins. Most of them were sent to him by project developers to gain attention rather than being personally acquired by him. Notable tokens include: HOLD, BROCCOLI, Binance Coin (BNB), among others.

Speculations in the Crypto Community

Zhao's statement sparked interest in the crypto community, as he expressed reluctance to manually send tokens to a burn address. This influenced discussions on potential mass burns and their consequences.

With ambiguous statements, Changpeng Zhao has drawn attention to his cryptocurrency portfolio and sparked many speculations about his plans.

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