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