$BNB

#BNB also known as Binance Coin, is currently trading at $586.24 USD, with a 24-hour trading volume of $1.57 billion. It is the native cryptocurrency of the Binance ecosystem, including the Binance Chain, Binance Smart Chain, and Binance Exchange.

*Key Stats:*

- _Market Cap:_ $83.52 billion

- _Circulating Supply:_ 142.47 million BNB

- _Max Supply:_ 200 million BNB

- _24-hour Price Change:_ +4.02%

BNB's primary use cases include:

- Paying transaction fees on the Binance Smart Chain

- Staking and validating transactions on the network

- Trading and investing on the Binance Exchange

- Participating in exclusive token events on Binance Launchpad

The BNB token also utilizes an Auto-Burn mechanism to reduce its total supply to 100 million BNB, promoting scarcity and increasing its value over time.