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: 60.6%(+1.15%/24h)
ETH Dominance: 9.95%(-0.89%/24h)
Defi Market Cap: $109.53B(+102.09%/24h)
Total Market Cap: $3329.6B(+3.09%/24h)
Total Trading Volume 24h: $372.58B(+120.90%/24h)
ETH Market Cap: $331.04B
Defi to ETH Ratio: 33.09%
Defi Dominance: 3.17%
Altcoin Market Cap: $1311.97B
Altcoin Volume 24h: $253.52B
Total Cryptocurrencies: 33658
Active Cryptocurrencies: 10827
Active Market Pairs: 99670
Active Exchanges: 780
Total Exchanges: 9967
BTC: 101816.38$(0.36%/1H)
ETH: 2752.09$(1.25%/1H)
AVAX: 28.04$(2.39%/1H)
BNB: 607.4$(1.05%/1H)
MATIC: 0.34$(1.92%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.8$(2.25%/1H)
DOT: 5.14$(2.35%/1H)
UNI: 9.86$(1.52%/1H)
CAKE: 1.51$(1.07%/1H)
SUSHI: 0.94$(2.95%/1H)
ONE: 0.02$(2.57%/1H)