The current price of Binance Coin $BNB is around $640-$650 USD or approximately Rp10.5 - Rp10.6 million, with a market capitalization reaching $90 billion USD. There has been a slight decline in the last 24 hours, but BNB still shows positive performance over the year.
Regular token burns by Binance and the rapidly growing Binance Smart Chain (BSC) ecosystem are the main drivers. BNB is used for transaction fees, staking, and participation in Binance Launchpad. Technical analysis indicates bullish signals, with potential predictions reaching $700. However, dependence on Binance and intense competition pose challenges.