💡 $BNB (Binance Coin) Overview
• Launch: July 2017 via Ethereum ICO
• Chains: Migrated to Binance Chain + BNB Smart Chain (2019)
• Utility:
– Trading fee discounts
– Transaction fees on Binance chains
– Smart contracts, staking, governance
– Payments (Binance Card, Binance Pay)
– Travel bookings
– Launchpad token sales
– DeFi integrations
🔥 Tokenomics:
• Burn Mechanism: Quarterly + real-time burns
• Max Supply Target: 100 million (deflationary pressure)
📊 Current Status (Apr–May 2025):
• Rank: Top 5 by market cap
• Market Cap: ~$85–90B
• Price Range: $585 – $650
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