Binance Coin (BNB) Market Cap Hits $100 Billion and a brand-new All-Time High
In the wake of Binance’s $100 billion market cap, BNB’s price jumps to $654 an all-time high. The cryptocurrency continues its rally, publishing another all-time high, following Ethereum’s example.
Binance BNB, the native token of the Binance exchange that powers Binance Smart Chain, has actually skyrocketed to a new historic high, going beyond the $654 price level.
BNB has been valued at $100 billion, but this level of market capitalization does not qualify it for the top 100 list with the greatest market capitalization; the 100th place is held by Charter Communications with a $144.97 billion worth.
Next in line are Shell and Shopify, generating $145.52 billion and $146.94 billion, respectively.
BNB’s price rose to $641 on Saturday, May 1 after it revealed the launch of its own market for non-fungible tokens in June, according to a report from previously this week.
BNB’s market capitalization rose $2 billion to $97,102,482,232 that day.
It is worth keeping in mind that Ethereum also reached an all-time high on the exact same day, and it has actually now surpassed that high a second time to reach $3,500.
