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
Rumble's Vision for a Comprehensive Digital Ecosystem

Rumble's CEO outlines an ambitious plan to create a 'Freedom First Ecosystem' that extends beyond video sharing.

Mutuum Finance Launches Dynamic Leaderboard to Engage Investors

Mutuum Finance introduces a dynamic leaderboard to reward top investors, enhancing user engagement and competition.

MEXC Successfully Wraps Up Blue Chip Blitz Campaign

MEXC successfully concluded its Blue Chip Blitz campaign, attracting over 150,000 participants with a total reward pool of 2 million and zero trading fees on select futures pairs.

Revolut Valuation Reaches 75 Billion in Major Funding Round

Revolut's valuation has surged to an astonishing 75 billion following a significant funding round led by top investors including Coatue, Greenoaks, Dragoneer, and Fidelity Management, with participation from technology giants Nvidia and a16z.

Morgan Stanley Predicts Flat EURNOK Amid Economic Turbulence

Morgan Stanley predicts a flat trajectory for the Euro against the Norwegian Krone amid economic turbulence, defying expectations of volatility.

Crypto Industry Sees Explosive Growth and New Developments

The cryptocurrency market is experiencing significant growth, with major companies like Circle and Mastercard planning to integrate USDC into global payment systems. Additionally, Google is developing its own blockchain.

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