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BNB & XRP drop hand in hand – New crypto gems take over their market dominance
11.7.2023
While many crypto projects are taking on the markets and surging high, many go hand in hand, like BNB and XRP. These tokens are dipping in monthly charts, close to breaking out of their relative support zones. Fortunately, a new coin is coming on the market soon, which may take the lead from...
Is BNB ready to begin a rally to overcome its resistance?
1.2.2023
BNB, the native cryptocurrency of the Binance exchange, has a tokenomics model focused on creating a decentralized exchange ecosystem. BNB is used as a means of payment for various fees on the Binance platform, such as trading fees, withdrawal fees, and listing fees. Binance uses a portion of...
BNB surpasses the 100 EMA curve; A breakout is imminent!
11.1.2023
BNB, the native cryptocurrency of Binance, was created by one of the largest cryptocurrency exchanges in the world. Binance users can use BNB to pay trading fees on the exchange, which can result in a discount. Additionally, Binance uses BNB to fund various initiatives, including acquisitions...
BNB finally makes a positive breakout: Recovery is imminent!
5.1.2023
BNB cryptocurrency is issued by the Binance exchange for facilitating transactions on the Binance platform and can be used to pay transaction fees on the exchange. BNB can also be traded on cryptocurrency exchanges and has a value that is determined by supply and demand. Binance is a popular...
BNB hits the support of $250! Will it correct further?
16.12.2022
Binance has been at the forefront of blockchain and cryptocurrency transformation since its emergence in the top cryptocurrencies. Leaving aside the prospects and fundamentals of this crypto, we can find a growing crypto and payments market even without the leading players. As BNB is involved...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
BNB makes a strong comeback from the $250 level!
24.11.2022
BNB holds the 4th spot in terms of market capitalization and is perhaps the best new-age cryptocurrency that dominates as a crypto exchange. Despite its 80% circulating supply, BNB is frequently auto-burnt to maintain a degree of decentralization. The abundance of tokens available and listed on...
BNB becomes a victim of extreme selling: Can it revive?
9.11.2022
Binance, the world’s largest crypto exchange platform, has signed a letter to compete in buying another major crypto exchange platform, FTX. The Binance community members are excited because FTX is the third-largest exchange by volume. As a result, the BNB price will surge in the future...
BNB price consolidates: What should you do now?
21.10.2022
Binance is the largest crypto exchange in the world, and BNB is the native token that is used for trading and paying fees on the platform. The trade can be placed using BNB, USD, ETH, USDT, and many other stablecoins, but users receive discounts in transactions with BNB. The Binance Coin...
BNB fails to hold 100 EMA; Reaches close to another breakdown!
12.10.2022
Developing a decentralized Binance Chain is not a one-day work but the combined work of multiple validators and BNB holders. With sufficient BNB holding, anyone can put themselves as a Binance Smart Chain validator, but the combined volumes of validators allow the development of a decentralized...
Can BNB Price Sustain the Rise and Cross $300?
3.10.2022
Although Binance is a popular crypto exchange, the recent regulatory approval in New Zealand will help Binance to get more clients on their exchange. It is now registered as a financial service provider in New Zealand. As a result, the BNB price will rise soon. Moreover, this news is significant...
BNB Faces Tough Resistance Near the $340 Mark!
17.8.2022
BNB is on the fourth positive swing since touching under the $200 mark for the first time since February 2021. The outlook of this token is a dependent factor on the performance of BNB’s decentralized projects and overall traction on the BNB token. BNB was born out of the need to compete with...
BNB Begins a Bull Run Post Taking Support From 100 EMA!
5.8.2022
BNB seems to be a unique abbreviation for something signified by Binance Chain and Binance Exchange. The real meaning of BNB is Build and Build, which strongly showcases the intention of the Binance network to provide a blockchain for promoting scalability and faster transactions. As per the last...
BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?
28.7.2022
BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...
BNB Close to Its Immediate Resistance; Will It Cross $260?
28.6.2022
In 2019, Binance launched the Binance Chain, and in 2020 launched the Binance Smart Check. Later, BNB became the native cryptocurrency coin of both blockchains. Until recently, BNB’s official name was Binance Coin, but in February this year, it rebranded to BNB, which stands for build...
BNB Retests $200 Level Again Within a Month!
15.6.2022
Binance Coin turned BNB token; an ERC 20-based utility token, has made huge fame in the last two years. However, its real-life utility and applications have made it among the top-performing cryptocurrencies since its inception. Bitcoin tumbling to $20,000, ETH falling to $1050; how long could...
Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!
13.5.2022
Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Binance Chain was blockchain, focused only on the Binance exchange but soon transitioned towards...
Binance Coin Reflects Consolidation; $440- $480 Becomes Resistance
28.4.2022
BNB has been enjoying the 4th position on market leaders charts with a net market capitalization of USD 64 billion, and close to 98% of tokens are currently in circulation. Once further supply ends, the demand for BNB coins will ensure the rise of market value for BNB. This would bring in...
Binance Coin (BNB) Closes on Its 200 DMA Curve of $466!
29.3.2022
Binance Coin has finally been able to reach the top levels of its consolidative zone. At the current value of $436, BNB is worth close to USD 72 billion, with a total circulation supply of 165.1 million Binance Coin tokens. Still, the volume of transactions on BNB remains less than 2% of its total...
BNB Should be in Your List for Portfolio Diversification
20.1.2022
The purpose of BNB is to use it as a medium of exchange on Binance, the most popular crypto exchange. The users who use this coin on the exchanges and spend it on trading receive brokerage discounts. It is also used to pay gas fees on the exchanges. BNB is a token that can be …