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

Other news
Crypto Market Adjusts Rapidly to Interest Rate Changes

The crypto market reacted more swiftly to changes in interest rate expectations compared to other asset classes.

Stellar Rippler Connects Berkshire Hathaway's Investments in Japan with Ripple

Stellar Rippler connects Berkshire Hathaway's investments in Japan with Ripple, highlighting the implications for enterprise blockchain solutions.

Lord Belgrave Discusses Warren Buffett's Cash Reserves and Infrastructure Investments

Ex-London banker Lord Belgrave shares insights on Warren Buffett's cash reserves and potential investment directions, particularly in scalable settlement systems.

Clapp Finance Introduces Innovative Multi-Collateral Crypto Credit Lines

Clapp Finance has launched multicollateral credit lines, enabling users to unlock liquidity from their crypto holdings without selling them, providing instant capital with flexible terms.

Seven Ways to Increase Your Life Insurance Coverage for Free

A report presents seven strategies to enhance life insurance coverage for free.

The Pros and Cons of Employer-Sponsored Life Insurance

A recent analysis highlights the benefits and drawbacks of employer-sponsored life insurance, emphasizing its role as a supplement to individual policies.

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