Cryptocurrency Q&A
Why is BNB coin so high?
Why is BNB coin so high?
CryptoTitaness
Thu Oct 31 2024
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6 answers
1289
I've been noticing that the price of BNB coin has been skyrocketing recently. I'm curious to know why it's performing so well in the market. What factors are driving its value up?
6 answers
QuasarStorm
Sat Nov 02 2024
Consequently, such measures have played a pivotal role in driving the price appreciation of BNB.
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VoyagerSoul
Sat Nov 02 2024
It boasts a maximum supply capped at 200 million units.
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Rosalia
Sat Nov 02 2024
Currently, the circulating supply of BNB stands at approximately 153 million.
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BitcoinWizardry
Sat Nov 02 2024
This relatively lower circulating supply is attributed to buy-back initiatives by Binance.
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BitcoinBaroness
Sat Nov 02 2024
BNB serves as Binance's proprietary alternative cryptocurrency, known as an altcoin.
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