$BNB *Binance Coin (BNB) Analysis*
*Current Price and Market Status*
Binance Coin (BNB) is currently trading at $783.98 USD, with a 24-hour trading volume of $3,577,430,286 USD. This represents a 1.15% decrease in the last 24 hours. The market capitalization stands at $109,199,053,249 USD, ranking #5 on CoinMarketCap ¹.
*Top Exchanges for Trading BNB*
The top exchanges for trading BNB include ² ³:
- *Binance*: With a 24-hour trading volume of $1.34 billion
- *MEXC Global*: Offering USDT and USDC trading pairs
- *Gate*: Supporting USDT, USDC, and BTC trading pairs
- *KuCoin*: Providing USDT, USDC, and BTC trading pairs
*Trading Pairs and Volume*
The most popular BNB trading pair is BNB/USDT, with a 24-hour trading volume of $6.54 billion. Other notable trading pairs include ² ³:
- *BNB/USDC*: $75,818,093 in 24-hour trading volume
- *BNB/BTC*: $23,355,493 in 24-hour trading volume
- *BNB/ETH*: $3,879,181 in 24-hour trading volume
*Technical Indicators*
According to technical analysis, BNB's current trend is bullish, with indicators suggesting a strong buy signal. The 14-day RSI stands at 70.03, and STOCHRSI(14) is at 24.01, implying a potential price correction or decrease in buying interest ⁴ ⁵.
*Recent News and Developments*
Nano Labs has formed a BNB treasury of 120,000 BNB, worth approximately $90 million, including a recent buy of 45,685 BNB at an average price of $764 each .
