Binance Coin (BNB) is the primary token of the Binance exchange, utilized for transaction fees and rewards within the platform. With a maximum supply of 200 million tokens, more than 153 million BNB tokens are currently in circulation. The market capitalization of BNB exceeds $91 billion, reflecting a significant surge in value from $290 in January 2024 to $724 in June of the same year. The price metrics and tokenomics of BNB demonstrate its growing popularity and market performance.
Binance Coin Tokenomics and Price Analysis
by Giorgi Kostiuk
a year ago
0
Other news
Former DEA Agent Indicted for Money Laundering Activities
A former DEA agent, Paul Campo, has been indicted for money laundering involving millions of dollars for a drug cartel.
Bitwise CIO Addresses Concerns Over Strategy's Bitcoin Holdings
Matt Hougan, CIO of Bitwise, addresses concerns regarding Strategy's potential sale of bitcoins, asserting the company's strong financial position.
New Framework for Identifying High-Potential Niche Industries
A new report provides a comprehensive framework for investors to identify high-potential niche industries before they reach mass adoption.
The Importance of Distinguishing Fads from Trends in Investing
A report emphasizes the importance of distinguishing fads from trends in investing to ensure long-term strategic allocation and avoid risks.
LivLive's BLACK300 Bonus Extended Amid Growing Interest
The BLACK300 bonus for early investors has been extended until midnight Sunday PST due to popular demand.
Galaxy Digital's Acquisition of Alluvial Significantly Boosts Liquid Collective's Assets
Galaxy Digital's acquisition of Alluvial has significantly increased Liquid Collective's assets to approximately $1 billion, enhancing its role in institutional liquid staking.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter