2022-1-23 19:00 |
When considering price volatility in digital marketplaces, buyback-and-burn strategies in crypto offer long-term price stability and token value growth. origin »
Bitcoin price in Telegram @btc_price_every_hour
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BNB, the native coin of the Binance ecosystem, has lost 5% of its value in the last 24 hours as the broader cryptocurrency market continues to suffer. The coin briefly dropped below $750 earlier today, but has slightly rebounded and is now trading at $764.
Binance Coin (BNB) is currently testing a critical resistance zone near $915. The cryptocurrency, which is the native token within the Binance ecosystem, has seen modest gains over the past 24 hours, trading around $880.
Binance and BNB Chain ecosystem’s native cryptocurrency has continued its upward trajectory in the past 24 hours, gaining to above $900 as the crypto bounce in the early days of 2026 picks up momentum.
Binance’s native coin, BNB, has overtaken Ripple’s XRP and is now the fourth-largest cryptocurrency by market cap. With a market cap of $118 billion, BNB is now ahead of XRP’s $113 billion. However, the flip comes as BNB, XRP, Bitcoin, and other leading cryptocurrencies underperform.
Binance Coin (BNB) has surged past key technical levels, confirming a breakout that has traders and investors closely monitoring the token’s next potential moves. The price action reflects a combination of regulatory progress, technical momentum, and growing institutional interest in Binance Coin.
The Binance Coin (BNB) price has surged 8. 2% today, outpacing both its weekly and monthly trends, to trade at around $897. 78 at press time. BNB’s surge comes as Binance crypto exchange reshapes its executive structure, naming Yi He, the exchange’s co-founder, as Co-CEO alongside Richard Teng.
The BNB Foundation has supercharged Binance Coin’s rebound amid broader market rallies. The foundation has announced the successful completion of the 33rd quarterly asset burn, removing assets worth billions out of circulation.