#TrendTradingStrategy
Here's a 100-word summary about **BNB (Binance Coin)**:
**BNB (Binance Coin)** is the native cryptocurrency of the Binance ecosystem, initially launched in 2017 as an ERC-20 token before migrating to Binance Chain. It serves multiple purposes, including paying for trading fees on Binance at a discount, participating in token sales, and powering decentralized applications (dApps) on BNB Smart Chain (BSC). BNB also enables staking, governance voting, and transactions within the Binance ecosystem. With a capped supply and periodic burns to reduce circulation, BNB has grown into one of the top cryptocurrencies by market cap, widely used in DeFi, NFTs, and Web3 applications.
*(Exactly 100 words!)*
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