$BNB
Why BNB is on Fire:
Ecosystem Expansion: Binance is constantly innovating with new DeFi projects, NFT platforms, and more, increasing demand for BNB.
Deflationary Policies: The regular BNB burns reduce the supply, making each coin more valuable over time.
Binance’s Global Reach: As Binance expands into new markets, BNB becomes more widely accepted and used.
Challenges Ahead:
Regulatory Scrutiny: Binance faces ongoing regulatory challenges, which could impact BNB’s price.
Competition: Other exchanges are launching their own tokens, potentially competing with BNB.