BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem. Here are some key details ¹ ²:
- *Current Price*: $586.60, with a 24-hour trading volume of $971,438,884
- *Market Cap*: $86,548,533,787, ranking #4 on CoinMarketCap
- *All-Time High*: $686.31 on May 31, 2024
- *Circulating Supply*: 147,545,233 BNB out of a total supply of 200,000,000
Some notable features of BNB include ³:
- *Tokenomics*: BNB has a deflationary model, with a burn mechanism that reduces the total supply over time.
- *Utility*: BNB is used for various purposes within the Binance ecosystem, including trading fee discounts, token sales, and more.
- *Binance Launchpad*: BNB is often used to participate in token sales on the Binance Launchpad.
You can find real-time price updates and market analysis for BNB on platforms like CoinMarketCap and CoinGecko ¹ ².
