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: 57.85%(-0.22%/24h)
ETH Dominance: 9.2%(+0.00%/24h)
Defi Market Cap: $0B(-0.46%/24h)
Total Market Cap: $2067.99B(+0.60%/24h)
Total Trading Volume 24h: $94.17B(-2.13%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $871.69B
Altcoin Volume 24h: $52.49B
Total Cryptocurrencies: 38070
Active Cryptocurrencies: 8196
Active Market Pairs: 113117
Active Exchanges: 948
Total Exchanges: 12312
BTC: 59673.56$(-0.28%/1H)
ETH: 1576.04$(-0.04%/1H)
AVAX: 6.39$(-0.21%/1H)
BNB: 565.83$(0.04%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.15$(0.43%/1H)
DOT: 0.86$(0.14%/1H)
UNI: 2.98$(-0.75%/1H)
CAKE: 1.34$(-0.04%/1H)
SUSHI: 0.15$(-0.2%/1H)
ONE: 0$(-0.23%/1H)