Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Trumpet on April 26, 2021, 06:05:47 PM
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The Binance Coin price has struggled in the past few trading sessions. BNB is trading at $502, which is 25% below its all-time high of $635. Its market capitalization has dropped to more than $77 billion while its volume has climbed by more than 2% in the past 24 hours.
The background: Binance Coin, the native currency of the Binance Chain, rallied to an all-time high last week as the enthusiasm of the Coinbase listing surged. As this hype faded, the currency erased some of the gains it made last week. This has pushed the currency down by 25% from its ATH. Other currencies like Bitcoin, Ethereum, and Ripple have also retreated substantially.
Nonetheless, the third-biggest cryptocurrency in the world has done well. It has already risen by more than 125% this month, bringing the year-to-date gains to more than 1,380%. The most notable Binance Coin news was that the developers burned a record $393 million of BNB in the first quarter, as shown below.
Source:
https://www.google.com/amp/s/www.investingcube.com/binance-coin-price-prediction-bnb-ripe-for-a-bullish-breakout-to-750/amp/ (https://www.google.com/amp/s/www.investingcube.com/binance-coin-price-prediction-bnb-ripe-for-a-bullish-breakout-to-750/amp/)
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At one time, the price of BNB coins in cryptocurrencies was rising sharply.But now it is not like that.BNB Coins, which ranks third in the coin market, has slipped to fourth place.Now only the shadow of destruction is being seen in the cryptocurrency market.The way the price of BNB coins was rising we all hoped that BNB might touch 1000$ soon.But that did not happen Now the cryptocurrency market is moving in the opposite direction.