Connect with us

Altcoins News

Binance Coin (BNB) reaches its all-time high after DEX launch



Binance Coin (BNB) reaches its all-time high after DEX launch

Binance Coin (BNB) is a cryptocurrency token has set a new milestone as the coin today is trading at its all-time high of $25.54 USD. The price of BNB coin is up more than 16% in the last 24 hours. In terms of Market capitalisation, BNB is at the 7th spot. The current market capitalisation of BNB at the time of writing this post is $3,540,083,385 USD.

The 24-hour volume of BNB as per CoinMarketCap is $446,725,028 USD. The all-time low of Binance Coin was on August 01 2017, and the price was $0.096109 USD. However today it’s trading on its all-time high so the $25.54 USD is the new all-time high at the press time. It may increase as the BNB coin is on a bullish move.

The approximate return on investment (ROI), if purchased at the time of launch (or earliest known price) for BNB is > 9000%. In the past 1 year, it is up by 100% approximately.

About 45% of all the trading volume of BNB Coin is from Binance out of which 24.73% is for BNB/USDT trading pairs and 21.13% is from BNB/BTC trading pair. However, another crypto exchange where Binance Coin (BNB) is heavily traded is Bit-Z which has 12.76% trading volume from BNB/BTC trading pair.

Among all the top 10 cryptocurrency by market capitalisation, Binance Coin (BNB) is the only one which has double digit 24-hour change.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.