CRYPTONAIRE
WEEKLY CRYPTO investment journal
Binance Coin (BNB) erupts above $300 as the whole Smart Chain ecosystem soars
Tokens from the Binance Chain ecosystem are surging today, led by Binance Coin’s (BNB) own example—which broke above $300 today, according to CryptoSlate’s Binance Smart Chain sector data. The level of $300 is yet another major milestone BNB is storming in just over a week. On February 9, the coin’s price spiked above $100—an impressive achievement by itself, but one that was overshadowed as BNB more than doubled it just nine days later. Today, the coin peaked at roughly $330 as its market capitalization exceeded $40 billion. The latest price rally pushed BNB to 3rd place among the largest cryptocurrencies—right behind Bitcoin (BTC) and Ethereum (ETH). At press time, BNB is trading at around $309.90, up 58% on the day and +105% on the week. In total, the coin saw some phenomenal growth over the past 30 days, gaining more than 500% over the last 30 days. The Binance Chain sector as a whole is up 96% over the past seven days. Read more...
Cryptonaire Weekly | February 23rd 2021
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