3 reasons why Binance Coin (BNB) hit a new all-time high at $148

[Altcoin1998$]

Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148.
On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week.

Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month.
More information:Read

[Cz Rock]

Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148.
On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week.

Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month.
More information:Read

Thank you for pointing out the reasons.Many of us may not know why the price of binary coins has risen so much.But after noticing your topic I will definitely know why it has increased.Thank you very much.Now everyone is now BNB Holding token.Because they think that if these coins can be held, good profits will be available in the future.

[Coin63@]

Trading volumes
Exchange support
High popular
Trading competition
Higher offering process
Staking with bitcoin and Ethereum pair.
All exchanges accepted

[Zed0X]

Pardon for not reading the article because I refused to read any articles from Cointelegraph. Perhaps you should highlight those three reasons in your post before asking readers like me to visit an article for more details.

It's the Binance Smart Chain for me. Regular traders, who don't want to pay excessive gas fees, migrated from Ethereum to start Farming and providing Liquidity pools on these BEP-20 tokens using BNB as pair that really pushed the price.

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Thank you for pointing out the reasons.Many of us may not know why the price of binary coins has risen so much.

You won't know the reason because you don't even know the name of the coin which is already in the title.

[Nikawe]

Most of the people showing their interest on binance smart contract platform due to high Ethereum network fees. So people leaving ERC 20 platforms and adjusted in bsc.

[ustcoin]

3 months ago I drank more than 100 billion. Maybe a little for others, but it was a serious amount for me. If I were patient and kept it for 3 months, I would have a serious income. The biggest reason for this rise of Bnb is that the ethereum network is seriously dense. If I had the opportunity, I would love to go back 3 years ago. Bnb = was around $ 1.

[Bitstar_coin]

3 months ago I drank more than 100 billion. Maybe a little for others, but it was a serious amount for me. If I were patient and kept it for 3 months, I would have a serious income. The biggest reason for this rise of Bnb is that the ethereum network is seriously dense. If I had the opportunity, I would love to go back 3 years ago. Bnb = was around $ 1.

Lol! 100 billion what? USD, BNB or what is the 100 billion thing you drank!  while am trying to wrap my head around that figure.... you couldn't have known bnb will turned out to be this big maybe you would have held whatever amount you have got, the future is unpredictable.

[H2O]

Binance coin (BNB) obviously the next largest altcoin next Ethereum because it's a Binance exchange support coin and it's trading fees comparitively lower than others. Recently most of the projects are available on BSC wallets.