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
2 years ago

Other news
Bitcoin Bear Market Correction Signals Transition into Deeper Phase

The current bear market for Bitcoin has entered a deeper corrective phase, indicating a transition from an early pullback into a more mature bearish stage.

Global Investors Adjust Portfolios as Japan's Fiscal Policies Shift

Global investors are rebalancing portfolios as Japanese government bonds regain appeal following Japan's snap election, impacting global markets.

Elon Musk Unveils Plans for a Lunar City

Elon Musk has announced his ambitious vision to build a self-growing city on the Moon with SpaceX.

National Security Concerns Raised in WLFI Investigation

The WLFI investigation led by Congressman Ro Khanna explores national security concerns linked to financial transactions and US controls on AI semiconductor exports.

WLFI Investigation Examines Stablecoin's Role in UAE Investment

WLFI investigation examines stablecoin's role in UAE investment.

XRP Ledger Achieves Major Milestone with Institutional Participation

The XRP Ledger has successfully removed barriers for banks, enabling direct settlement and potentially facilitating billions in inflows.

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