BNB burn is scheduled to take place. For this reason in BNB/BTC trading pair we were able to experience the rise in the price of BNB. The BNB on transaction fee too is burnt and now BNB burning could've crossed 100k BNB. For this reason it is always a best investment for long term holding than any other altcoins. So, $1000 is possible someday for sure.
I agree that there is a good case to be made about the burning that increases the price "psychologically" goes up. Why not really but psychologically? Because, the reality is that the coins that got burned are the coins that literally Binance held anyway. Which means that the price shouldn't be affected, it is literally in "a safe" basically and gets burned which means that it wasn't in the circulation to begin with.
This is more like guarantee that it would never be, but if you trusted binance to begin with, that means you knew long before the burning process that it wouldn't be in the market anyway. This is why I honestly believe that it shouldn't impact it much, but it will impact it a lot.
There are indeed plans which been mold on point or doesnt include out on the roadmap which is something that people would really neither be reactive or just simply be grateful since they do know on what would be its
impact because the main thing that we do have in mind is that on the time that burning event do happens then it do decrease its entire supply which is actually true but as you pointed out that this isnt talking into those
coins which are circulating but rather into those which had been hold out and with some simple economics on which if demand still goes high and the supply gets lesser then we do know or does have already the idea on where it would be going. Trusting up projects for long term is the biggest challenge with crypto investment on which you wouldnt know on what comes next.
