The Price Of Binance Coin Is Surging

Published on: 12.04.2021

Binance Coin price is surging from a mere $37 dollar at the start of the year to the current $566 price.

Why the sudden price rally?

The reason maybe because of its upcoming 15th BNB token burn happening in a few days as tweeted by Binance CEO Changpeng Zhao.

The reason maybe because it hit a milestone of 5 million transactions in the Binance Smart Chain ecosystem.

The reason maybe because it is way cheaper and faster compared to Ethereum.

The reason maybe because it hit a total value lock of $30 Billion in assets.

There is a lot of potential for the BNB price to spike up and as the saying goes.,

“In retrospect, it was inevitable”

#SmartCrypto

Disclaimer: This is not financial advice. Invest at your own risk.

Market Stats:
BTC Dominance: 60.71%(+0.02%/24h)
ETH Dominance: 8.41%(-0.04%/24h)
Defi Market Cap: $80.21B(+36.38%/24h)
Total Market Cap: $2720.12B(-1.36%/24h)
Total Trading Volume 24h: $67.91B(+46.81%/24h)
ETH Market Cap: $228.92B
Defi to ETH Ratio: 35.04%
Defi Dominance: 2.85%
Altcoin Market Cap: $1068.66B
Altcoin Volume 24h: $44.02B
Total Cryptocurrencies: 34092
Active Cryptocurrencies: 10589
Active Market Pairs: 101146
Active Exchanges: 811
Total Exchanges: 10212
BTC: 83258.93$(-0.02%/1H)
ETH: 1896.63$(-0.1%/1H)
AVAX: 18.5$(-0.27%/1H)
BNB: 629.72$(1.06%/1H)
MATIC: 0.22$(-0.06%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.71$(-0.36%/1H)
DOT: 4.38$(-0.64%/1H)
UNI: 6.18$(-0.26%/1H)
CAKE: 2.15$(5.68%/1H)
SUSHI: 0.63$(-0.09%/1H)
ONE: 0.01$(0.29%/1H)