Latest updates on BNB: Strong growth and important milestones 🚀

In the past week, Binance Coin (BNB) has recorded notable fluctuations:

• All-time high (ATH): On December 4, 2024, BNB reached a new ATH of 774 USD, surpassing the resistance level of 721 USD and increasing by 16% in 24 hours. 

• Launch of the SpringBoard platform: PancakeSwap, a DEX on the BNB Chain, introduced SpringBoard – a code-free platform to create and launch tokens, contributing to pushing the price of BNB to a new record high. Most importantly, Binance is the largest cryptocurrency exchange in the world and the market frenzy helps the exchange become incredibly rich from trading fees :))

• BNB price forecast: Technical analyses suggest that BNB could reach a target of 832 USD, supported by on-chain data such as high daily trading volume and an increase in active addresses. 

Note for investors:

Although BNB is on a strong growth trajectory, the cryptocurrency market always carries risks. Please be cautious and conduct thorough research before making investment decisions.

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