$BNB
Today, Saturday, May 10, 2025, the cryptocurrency (Binance Coin) $BNB saw a notable increase in its value, recording a price of $657.56, an increase of $32.00 (equivalent to 5.12%) compared to the previous price.
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📊 A quick look at BNB# performance today:
Highest price during the day: $674.33
Lowest price during the day: $624.80
Current market value: approximately $92.38 billion
24-hour trading volume: $2.66 billion
Change percentage over 24 hours: +4.75%
Change percentage over 30 days: +13.95%
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🔍 Reasons for the increase:
Growth in the stablecoin market on the BNB network: The stablecoin USD1 linked to the name Trump has seen rapid growth in market value, rising from $130 million to $2.12 billion since late April 2025, significantly impacting the stablecoin market on the BNB network.
Positive forecasts from analysts: Experts predict that the price of BNB will reach $1,454.58 by May 10, 2025, reflecting a 136% increase, supported by market optimism and renewed interest from investors.
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📈 Future expectations:
According to technical analysis, the weekly chart for BNB shows a "bullish engulfing" pattern, indicating strong momentum in favor of buyers. This pattern could push BNB to re-test its all-time high of $787, enhancing the likelihood of the upward trend continuing.