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: 55.4%(+0.04%/24h)
ETH Dominance: 16.25%(-0.01%/24h)
Defi Market Cap: $82.54B(-21.17%/24h)
Total Market Cap: $2418.98B(+2.75%/24h)
Total Trading Volume 24h: $68.29B(-25.61%/24h)
ETH Market Cap: $393.05B
Defi to ETH Ratio: 21%
Defi Dominance: 3.25%
Altcoin Market Cap: $1078.91B
Altcoin Volume 24h: $37.97B
Total Cryptocurrencies: 30812
Active Cryptocurrencies: 10070
Active Market Pairs: 82552
Active Exchanges: 794
Total Exchanges: 9016
BTC: 67890.1$(-0.09%/1H)
ETH: 3269.4$(-0.44%/1H)
AVAX: 28.68$(-0.5%/1H)
BNB: 580.58$(-0.3%/1H)
MATIC: 0.51$(-0.11%/1H)
FTM: 0.46$(-0.31%/1H)
ADA: 0.42$(-0.46%/1H)
DOT: 5.86$(-0.08%/1H)
UNI: 7.68$(-0.34%/1H)
CAKE: 1.98$(-0.33%/1H)
SUSHI: 0.72$(-0.06%/1H)
ONE: 0.01$(0.03%/1H)