Binance’s native coin, Binance Coin (BNB), has been on quite a roll lately. In 2023, the coin experienced significant losses, primarily on account of Binance’s legal and regulatory troubles. By October 2023, BNB prices had dropped to as low as $210.
However, it spent the first quarter of 2024 on an upward trajectory. The recovery has been impressive, to say the least —by mid-March, the digital asset was trading at approximately $600. Afterward, BNB traded sideways in the $450 to $600 range until the wider cryptocurrency bull run ignited in early November.
At press time, Binance Coin was trading at $771.16 — on the weekly chart, BNB gained 23.65%, bringing monthly returns to 38.42% and year-to-date (YTD) gains up to 150.27%. BNB currently has a market capitalization of approximately $111.27 billion — making it the fifth-largest cryptocurrency in the world, ahead of Solana (SOL) and Dogecoin (DOGE), and behind Tether (USDT).
BNB price YTD chart. Source: Finbold
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We współpracy z: https://finbold.com/ai-predicts-bnb-price-for-year-end/
