Binance Coin (BNB) has been making
fluctuating moves in the market. While it experienced significant
drops from its all-time high, analysts are predicting it may
surpass $600 again.
The rising interest in
crypto airdrops is worth noting, with the
BNB chain dedicating a
$900k liquidity pool to support the meme coin ecosystem. Interestingly, the news also highlights a crypto called
BlockDAG (BDAG) that demonstrated exponential growth, even surpassing BNB.
Notably, the
BNB chain has also introduced an upgrade that's intended to
cut fees by 90%, making transactions more economical for users. Amid this, reports suggest that investors are moving from BNB to other coins like BDAG and ETFSwap.
Meanwhile, the former CEO of Binance, 'CZ', is said to own 64% of the BNB circulating supply. However, there's
uncertainty in the market, with expert analysts suggesting that the
crypto market might further drop, affecting Bitcoin Cash, BNB, Kaspa, and Rollblock among others.
BNB Coin News Analytics from Tue, 21 Nov 2023 08:00:00 GMT to Fri, 28 Jun 2024 10:11:38 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -3
