April 18, 2024

Large investors continue to buy Binance Coin (BNB)

Large investors continue to buy Binance Coin (BNB)

Over the past few months, the Binance Coin (BNB) cryptocurrency has achieved fantastic results.The coin is notnot only updated its historical maximum, but also made it into the top three digital currencies according to CoinMarketCap. BNB even surpassed Tether (USDT) in capitalization.

On Monday night, February 22nd, the BNB rate roseup to $ 286. Altcoin capitalization over the past 24 hours has added almost 7% more, and now it is $ 44.197 billion. This digital asset became attractive to large investors last year.

Large investors continue to buy Binance Coin (BNB)

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According to the Santiment team, in six monthsthe number of BNB addresses containing at least 10,000 coins increased by 84.6% from 26 to 48. Moreover, the accumulation continues, as evidenced by the high transaction activity of users of the Binance Chain network.

Binance CEO Changpeng Zhao noted that this blockchain has already surpassed Ethereum in terms of the number of daily transactions.

“Whales” will most likely continue to accumulate Binance Coin until the end of this year, as they are already realizing the gigantic potential of the altcoin.

The fact is that the Binance Chain becomesincreasingly popular among developers of decentralized applications (DApps). Accordingly, the number of new blockchain users will grow and the demand for the underlying asset BNB will increase.

Large investors continue to buy Binance Coin (BNB)

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You can buy Binance Coin (BNB) token on the official website of the exchange https://www.binance.com/

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Large investors continue to buy Binance Coin (BNB)

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