BNB Faces 2.75% Dip Amid $2 Billion Volume After Recent Highs and Launchpool Milestone
BNB is currently trading at $667.95, with a 24-hour trading volume near $2.00 billion and a circulating supply of approximately 140.89 million coins; the price has declined by 2.75% over the last 24 hours from an open of $686.84. The recent price decrease is likely attributed to short-term market volatility following a period of strong gains and heightened activity, including the launch of Binance’s 70th Launchpool project, Huma Finance, and increased trading volume on BNB Chain’s decentralized exchanges. While BNB experienced bullish momentum and reached a high of $690 earlier in the month, mixed analyst forecasts and AI-driven predictions of potential short-term corrections, along with profit-taking after recent rallies, appear to have contributed to the latest pullback. Overall, BNB maintains strong liquidity and remains a leading asset in the cryptocurrency market.