The current price of Binance Coin (BNB) is around $688.87, with a 2.34% increase in the last 24 hours. Its market capitalization is approximately $93.61 billion, ranking #5 among cryptocurrencies.
Here are some key statistics and facts about BNB ¹:
- *Current Price*: $688.87
- *Market Capitalization*: $93.61 billion
- *24-hour Trading Volume*: $18.68 billion
- *Circulating Supply*: 139.29 million
- *Maximum Supply*: 200 million
- *All-Time High*: $788.84
- *All-Time Low*: $0.03981
BNB is used for various purposes, including ² ³:
- *Trading Fees*: Paying trading fees on the Binance exchange with a discount of up to 50%
- *Token Sales*: Participating in token sales on Binance Launchpad
- *Decentralized Finance*: Accessing DeFi services on the Binance Smart Chain
- *Gas Fees*: Paying gas fees on the BNB Chain
BNB has a strong market presence, with a fully diluted valuation of $100.7 billion. Its price has been volatile, with a 29.43% increase over the past year. Binance conducts regular token burns to reduce the total supply of BNB and potentially increase its value ¹ ³.