The current market pulse for Binance Coin (BNB) is as follows ¹ ²:
- *Current Price*: $602.82, with a 1.16% increase from the previous price of $595.91
- *Market Capitalization*: $85 billion, ranking #5 among cryptocurrencies
- *24-hour Trading Volume*: $1.46 billion, representing a 7.05% increase
- *Circulating Supply*: 140.89 million BNB coins
- *All-time High*: $793.35 (December 4, 2024)
- *All-time Low*: $0.09611 (August 1, 2017)
Some key statistics and metrics for BNB include ³:
- *24-hour Range*: $593.07 - $604.67
- *7-day Range*: $593.62 - $610.05
- *Market Cap / FDV*: 1.0, indicating that the current market capitalization is close to its fully diluted valuation
- *Fully Diluted Valuation*: $88.09 billion
BNB can be used for various purposes, including:
- *Reduced Trading Fees*: 25% discount on trading fees when paid in BNB
- *Binance Account Tier*: VIP tiers with additional fee discounts and perks for users with significant BNB balances
- *Dust Conversion*: converting small amounts of cryptocurrencies to BNB
- *IEO Lottery*: participating in Initial Exchange Offerings (IEOs) using BNB
- *Payments*: using BNB for goods and services
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