Discover current price, trading volume, historical data, BNB news, and more. While bulls are likely to exert more upward pressure, the current weakness could see BNB’s price slip below 40, risking further correction. - The live price of BNB is 251.57 with a market cap of 39.21B USD.
At the time of writing, BNB is trading at 40.69, nearly 14 down from its peak of 47.21 on 19 January. It was launched during an initial coin offering (ICO) in July 2017 and has a strict maximum of 200 million BNB tokens. Binance Coin has also seen a swift correction, as have most of the top ten altcoins. At the time of writing, Binance had a market cap of more than $56 billion and ranks behind only Bitcoin, Ethereum, and USD Tether in terms of market cap.īinance coin initially ran on the Ethereum blockchain with ERC 20 standard but has since become the native coin of the Binance chain.Binance was created as a utility token for discounted trading fees in 2017, but its uses have expanded to numerous applications, including payments for transaction fees (on the Binance Chain), travel bookings, entertainment, online services, and financial services.The BNB price increased 1.48 in the last 24 hours. Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy, or "burn," Binance coins held in its treasury. Binance Coin price today is 240.13 with a 24-hour trading volume of 1.64B, market cap of 37.43B, and market dominance of 3.50.BNB was initially based on the Ethereum network but is now the native currency of Binance's own blockchain, the Binance chain. Binance Coin or BNB traded as low as 36 in January 2021 but its price has since then enjoyed impressive gains and is currently trading at 369.
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
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