The native token of the world’s largest cryptocurrency exchange has somewhat been on the sidelines during the 2024 bull run, but has finally managed to emerge as a top performer by soaring past $700 and tapping a new all-time high.
Binance has been in a legal spat in several jurisdictions, with the most recent and active one against Nigerian authorities. Local company execs were detained while the company is trying to free them, which is$4.3 billion in a settlement deal with the US Department of Justice without admitting guilt to failing to incorporate proper anti-money laundering rules.
Additionally, the current bull run has been dominated by old and newly popping meme coins, so the focus has been far from BNB.
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