BNB Price Surges and Investors Expect More

Market indicators revealed that $550 was the next target. BNB showcased the best performance among the top five cryptos in the last 24 hours. As a result, the coin’s price exceeded $520. This sparked excitement among investors as expectations went up. As we begin this new week, should we expect BNB to touch $700 anytime soon? BNB was the only crypto in the top five list that managed to register a price gain. The coin’s value surged by 6% over the last day.

At the time of writing, BNB was trading at $520 with a market capitalization of over $77 billion, making it the fourth-largest crypto. A bullish development was that the price rise was accompanied by a more than 100% rise in its trading volume, suggesting that investors were actively trading the coin. Thanks to this sudden rise in price, BNB’s Social Dominance skyrocketed, while its positive sentiment rose as well. This hinted that investors were expecting more from BNB in coming days. Price activity was not the only thing working in BNB’s favor. AMBCrypto had recently reported that BNB had reached a single-day high of $1 billion in total fees

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardano's Price Surges, But $1 Range Remains ElusiveCardano has recently mirrored the overall market trend, experiencing a rise to price levels not seen in a considerable amount of time. However, despite this climb, it has not yet reached the $1 range. The key question is whether Cardano has garnered enough interest recently to make its ascent to the $1 price zone a possibility.
Source: CryptoAmb - 🏆 22. / 68 Read more »

BNB rises 10%, but $500 may not be that easy to attainIn the last 24 hours, Binance Coin [BNB] proved why it was able to take back the 4th position per market from Solana [SOL]. At press time,
Source: CryptoAmb - 🏆 22. / 68 Read more »