Binance Coin [BNB] may disappoint traders in Q4 based on these reasons

] antics, since the start of September, may have left investors in disappointment. However, a report revealed that the exchange cryptocurrency managed to put up some good performance in some other areas., the number of tokens burned in the third quarter surpassed the entire record of the second quarter. At press time, BNB tokens burned in Q3 wasInterestingly, all these happened despite a lower average trading price registered by the former.

According to DeFi Llama, BNB’s TVL was $5.25 billion at press time, representing a 1.87% decline from the previous day.Additionally, it was not only the BNB price that experienced a decline. A look at its one-day circulation also showed that it was nowhere near impressive. Furthermore,Fortunately, it seemed that traders were most active in the NFT sector of the BNB chain. The on-chain data platforms showed that BNB NFT trades were $1.52 million at the time of this writing.

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