Up 700% in Q1, BNB’s next rally could be one for the “history books”
Crypto research firm Messari released this Q1 Performance Recap, the undisputed winner on the top assets was Binance Coin (BNB) with an astonishing 709% in profits. Followed by ADA (557%) and UNI, BNB seems ready to continue its rally. Conducted by researcher Roberto Talamas, he concludes Binance Coin’s rally was fuel by the emergence of […]
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Binance Coin (BNB) had an opportunity for a price rally last week after its parent company finally completed the scheduled token burn for the third quarter of the year. BNB price slightly corrected after going up by almost 4% following the latest burning of Binance tokens Binance established $260 as its support level The altcoin might fall to $250 before continuing its price rally With that, the total number of burned (destroyed) BNB tokens reached 2,065,152, which is worth over $563 million. Shortly after, Binance went up by 3.75% to trade at $274.6, confirming the asset’s positive....
Binance Coin (BNB) has been moving sideways around the critical level at $300 and might gather momentum for a rally. The cryptocurrency saw significant losses over the past months, but it has been able to recover faster than other altcoins. At the time of writing, BNB’s price trades at $290 with a 4% and 17% profit over the past 24 hours and 7 days, respectively. Thus, making this cryptocurrency one of the best-performing assets in the crypto top 10 by market cap only surpasses Polkadot’s (DOT) 22% profit in one week. Data from Material Indicators records an increase in buying....
BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads. This key level has proven to be a formidable barrier, indicating that selling pressure may be increasing as bears step in. However, the big question is whether this rejection marks the beginning of a downward correction or if the bulls can muster enough strength to regain their footing and continue pushing higher. As the market navigates this pivotal moment,....
Binance Coin is now the fourth-largest cryptocurrency by market capitalization with the price approaching the $200 mark. Binance Coin (BNB) has seen its second major rally in February, culminating in a new all-time high of $195 after the token price added over $80 in the last 24-hour trading period.Thursday’s 42% rally now means BNB is up more than four-fold in February alone with year-to-date gains above 413%.BNB/BTC Price Chart. Source: TradingViewThe current price rally has taken BNB to the fourth spot on the crypto market capitalization rankings according to CoinMarketCap. However,....
BNB price (Binance Coin) has been in the green lane for quite some time and on top of that, it also leads the crypto market scene in terms of market cap. More so, BNB has also registered a weekly gain of 6%. Binance Coin registered a weekly gain of 6% BNB development improved investor interest BNB shows stunted social metrics BNB is also tagged as one of the top five cryptocurrencies as far as search volume is concerned. While the coin was also to beat other cryptos, BNB has plummeted in price by 1.6% compared to its data on September 25, trading at roughly $275.42.....