$BNB
BNB: The Rise of Binance Coin
In the vast and ever-evolving world of cryptocurrencies, Binance Coin (BNB) has emerged as a significant player. As the native cryptocurrency of the Binance exchange, BNB has grown exponentially since its inception in 2017. In this article, we'll delve into the world of BNB, exploring its history, use cases, and future prospects.
*History of BNB*
Binance Coin was created in 2017 as part of Binance's initial coin offering (ICO). The ICO raised $15 million, with 100 million BNB tokens sold to investors. Initially, BNB was based on the Ethereum blockchain as an ERC-20 token. However, in 2019, Binance launched its own blockchain, Binance Smart Chain (BSC), and migrated BNB to its new home.