#Write2Win #BNB
June: BNB price peaked at $717.48 on June 6, 2024, then plummeted to $390 on June 18, 2024.
July: BNB price tends to recover, rising to $574.57 on July 16, 2024.
Trading volume: BNB trading volume in the past 24 hours increased 93.10%, reaching $1.98B USD.
News related to the price increase of $BNB :
- Binance launches BNB burning program: Binance launches a quarterly BNB burning program, helping to reduce circulating supply and push up BNB prices.
- Binance expands to the European market: Binance expands operations to European countries, helping to reach more potential customers and boost demand for BNB.
- Diverse uses of BNB: BNB is used to pay transaction fees, participate in staking and receive rewards, and participate in Launchpad to invest in new projects on Binance.
Price prediction of $BNB next week:
Short-term prediction: BNB price may continue to increase over the next few days, with increases ranging from 2% to 8%.
Long-term prediction: It is difficult to predict accurately, but BNB price has the potential to grow beyond the 700 $USDC mark in the future thanks to its important role in the Binance ecosystem and the project's continuous improvements.