Binance Coin is currently the top 5 largest cryptocurency by market capitalization behold only Bitcoin, Ethereum, Usd Tether and Usd coin.
Over the time, BNB has developed continuous growth, and a lot of financial experts believe that it'll continue to grow in the years coming. The current status of this cryptocurrency is very positive. But it's important to bear in mind that BNB can be a good investment for long-term investors.
In the last 24 hours it's has shown a status of -0.3% and currently trading at $299+.
Binance Coin is use primarily to pay transactional and trading fees on the binance exchange. Most of the purchase of bnb takes place in the secondary market , as a trader you will be able to buy Bnb and sale as well on binance.com as well as others crypto platform. Its also supported by so many platform e.g the mobile app, visa,debt card of Monaco, the pioneering payment and cryptocurency platform.
At the time of writing binance had a market cap of more than $56 billion and ranks behind only Bitcoin, Etgereum, and USD Tether in terms of market cap.
We expect BNB/USD to continue its bull movement from 2021 and hit a high yearly target of $573 and not trade below than $313. While expecting a lower change than that of 2021, Binance Coin will trade higher on average for 2022.
Binance Coin (BNB)
Are you saying something trading below 300 right now, will not go below 313, or is that only for the next year?
The growth of bnb is undertermind.