BNB Coin (Binance Coin) is a popular cryptocurrency created by the Binance exchange. Its price has seen both highs and lows over time.
Highs:
BNB reached its all-time high of around $686 in May 2021 during a major crypto bull run. The coin’s value grew because of Binance’s strong ecosystem, including trading fee discounts, token burns (reducing supply), and use in decentralized apps.
Lows:
BNB also faced big drops, like falling below $40 in 2018 after its initial hype faded. Later, in 2022, during the crypto crash, it dropped to around $183 due to market fears and regulatory issues affecting Binance.
BNB’s price depends on Binance’s success, crypto market trends, and regulations. While it has strong utility, its value can be volatile like other crypto currencies. Investors should research before buying.
