Token Name: BNB (Binance Coin)
Utility: Native token of Binance exchange. Used for trading fee discounts, DeFi, launchpads, and gas on BNB Chain.
Blockchain: BNB Chain (formerly Binance Smart Chain)
Circulating Supply: ~147 million BNB (subject to burns)
š BNB Financial Advice
ā Why BNB Might Be a Good Investment
1. Strong Ecosystem: Binance is the largest centralized exchange globally.
2. Utility-Driven: High usage for fees, staking, launchpads, and liquidity pools.
3. Token Burn Mechanism: Quarterly burns reduce supply and potentially increase value.
4. BNB Chain Growth: BNB is central to DApps, NFTs, and DeFi projects on its chain.