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Binance Coin price, market cap on Coin360 heatmap

Binance Coin(BNB)

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0.01346570 BTC
Market Cap (Rank#5)
2,172,520 BTC
Vol 24h
28,301 BTC
Circulating Supply
Max Supply
15h agocointelegraph
Price analysis 8/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up.
1 day agocryptodaily
10x During Inflation? Only In DeFi: Uniglo (GLO), Shiba Inu (SHIB), Binance Coin (BNB) Explained

Double-digit inflation currently ravages most economically developed countries and has dominated headlines globally. People have seen their purchasing power drastically reduced, and if they have not seen wage increases in line with inflation, they have taken a significant pay decrease. In this troubled economic time, one sphere continues to develop and grow increasingly fertile: DeFi (decentralised finance). This nascent economic sphere is continuously evolving and increasing its value proposition as it becomes a viable opponent of TradFi (traditional finance) and ushers in a new age of transparent and more equitable finance. The potential for growth in DeFi is incredible, and many investors see huge gains on their investments. Uniglo (GLO), Shiba Inu (SHIB), and Binance Coin (BNB) have been earmarked by several crypto analysts to enjoy serious gains in the coming months. Uniglo (GLO)Uniglo represents a new approach to currency. With inflation destroying the actual value of fiat and market volatility making crypto a highly unstable store of value, the need for a new store of value became glaringly apparent. GLO is a community-owned currency that builds on the strategy employed by the rich to preserve their wealth; asset ownership. Uniglo features buy and sell taxes, 5% goes to the treasury fund to acquire a blend of digital, real-world, and NFT assets to give GLO a stable value-backed floor price, and 2% of each transaction is burnt. This hyper-deflationary token backed by tangible assets is a perfect hedge against inflation. The Uniglo vault will hold stablecoins to protect against volatility, large-cap cryptos to benefit from long-term price appreciation and a selection of high-end physical investments that ordinary investors typically cannot access due to capital requirements. In the prevailing market conditions, the potential for Uniglo to grow is colossal, and this crypto is one of the most exciting prospects for 2022. Shiba Inu (SHIB)Shiba Inu’s native DEX (decentralised exchange) Shibaswap continues to attract increasing amounts of capital, and the other ecosystem tokens, BONE & LEASH, are being used to generate revenue. The SHIB Army are busy earning yields. With promises of a new decentralised stablecoin and a collectable card game soon to be released, this DeFi ecosystem is flourishing. SHIB is undergoing a massive burn event with more than 400 trillion tokens burnt and counting. With a drastically reduced supply, the token’s price is being pushed up and is an excellent choice for investors who want to partake in the lucrative realm of DeFi. Binance Coin (BNB)BNB is the utility token of Binance, the world’s leading exchange ranked by volume, and the native token of the BSC (Binance Smart Chain), the second largest ecosystem within DeFi. This token sits fifth ranked by market cap and is what many analysts call a ‘blue chip’ crypto project. With Binance holding a quarterly burn, the total supply of BNB is decreasing. This token opens the door for the investor to participate in the BSC ecosystem, which hosts PancakeSwap, the most popular DEX by visitor count. Here investors can earn yield with their digital assets, and BNB, trading at $284, will meet its next critical resistance at $336. The bulls are in control, and the next bull market cycle promises incredible gains for BNB holders. Find Out More Here Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
1 day agocryptodaily
TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution
Geneva, Switzerland, 10th August, 2022, ChainwireThe TRON DAO Reserve has announced Wintermute as the ninth Member and Whitelisted Institution to mint Decentralized USD (USDD), the over-collateralized decentralized stablecoin on TRON, Ethereum, and BNB Chain. Wintermute is a leading global algorithmic trading firm and an established player in digital asset markets. With an average daily trading volume of over $5 billion, Wintermute facilitates OTC trading and provides liquidity across both centralized and decentralized exchanges. Its mission is to enable, empower and advance a truly decentralized world for more transparent, fair, and efficient markets and products. Being the first over-collateralized decentralized stablecoin, USDD is significantly different from other stablecoins in the crypto industry. It surpasses several massive milestones with over $2.3 billion in backing and a market cap of $725 million as of July 2022. The TRON DAO Reserve (TDR), which governs the stablecoin, acknowledged USDD's elastic price against the USD amidst market turmoil but is committed to defending the stability of the ecosystem. The TDR is dedicating resources to fostering organic growth and maintaining full transparency. During recent volatile market events, USDD has stayed strong as expected and stabilized organically. The simple facts of over-collateralization of transparent reserves and steady restabilization of the token value came as a natural experiment that shows how much USDD is a force to be reckoned with, especially amid various discussions of industry-wide regulation. The appointment authorizes Wintermute to mint and burn USDD as a collaborator with the Reserve. As a Member and Whitelisted Institution, Wintermute will advise the TDR and make recommendations to enhance, develop, and supply general aid for the USDD network. The TRON DAO Reserve website is live, and historical token issuance records are published here live on the TDR website 24/7. About USDD USDD is an over-collateralized decentralized stablecoin launched collaboratively by the TRON DAO Reserve and top-tier mainstream blockchain institutions. The USDD protocol runs on the TRON network, is connected to Ethereum and BNB Chain through the BTTC cross-chain protocol, and will be accessible across more blockchains in the future. USDD is pegged to the US Dollar through TRX under a Linked Exchange Rate System (LERS) and maintains its price stability under the guidance of the TRON DAO Reserve. It enables access to a stable and decentralized digital dollar system that in turn assures financial liberty for everyone. Website | Twitter | Telegram | Discord | Medium ContactsSam [email protected]
1 day agocryptodaily
The Ultimate Guide To Zompot (ZPOT)
There is a new cryptocurrency in town that has been piquing people’s interest, Zompot (ZPOT) is all the rave, but what exactly is this token all about? What is Zompot (ZPOT)? The Zompot (ZPOT) project is built on the Binance Smart Chain infrastructure. It was created to provide its users with opportunities that are secure and multi-optional. Zompot (ZPOT) being built on the BNB smart chain gives it the advantage of a stable and reliable network with cheaper transaction fees. This is a project based on the use of sound strategy and planning with adequate preparation. When using Zompot, you can be certain that your investments are protected from inflation while being on a well-secured platform that also provides fast, secure and flexible transactions. Zompot (ZPOT) will protect its users from the shortcomings that are common in traditional financing. Not only is it good for the blockchain industry, but it was also created to be compatible with the Metaverse. The Zompot (ZPOT) Project also aims to assist businesses in countries that are dealing with the negative effects of some factors in the blockchain world. What Can You Expect From The Zompot (ZPOT) Ecosystem? There are a few things you can expect from the Zompot (ZPOT) ecosystem, one of which is; Security: The cryptocurrency space has experienced the loss of a large sum of money between the time span of 2018-2022, and these are just the incidents that are accounted for. The primary reason for these incidents was the result of hackers that were able to find a way to bypass the safety systems that otherwise surround the blockchain world, but with Zompot, security will be one of the main focuses of the network so the users can safely assume that their assets are being protected. Privacy: The blockchain technology can sometimes be vulnerable to a breach of privacy, with transactional details being leaked because of how visible it is to the public, this leads to user information and data being mishandled or misused but with Zompot, that is something that will be paid extra attention to, so the users of Zombot are apparently safeguarded. What Is The Main Purpose of Zompot (ZPOT)? It is no news that crypto is often a victim of volatility due to its original design and the way the cryptocurrency market operates. This can trigger multiple effects that affect the market, inflation is one of the most common and dangerous one. Zompot (ZPOT), however was created with the use of blockchain technology to combat the challenges that are currently being faced. It was built with the lofty intent of beginning a new world era in both currency and fiat. Zompot's (ZPOT) main goal is to solve the issue of security and privacy in the blockchain industry by providing users with a transparent version of all their transactions. Zompot has claimed that it has found a way to create a secure world for people involved in the blockchain industry and while it is a very promising token, it is still important to do your due research about it should you have any interest in purchasing it. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
1 day agocryptopotato
BNB Pulls Back at a Critical Resistance, is $300 Incoming? (Binance Coin Price Analysis)
Binance Coin had a strong rally that appears to be ending after the price has hit a key resistance. Key Support level: $267 Key Resistance level: $332 BNB was rejected by the key resistance at $332 and now entered a pullback that could take the price back to the key support at $267. This correction […]
2 days agocryptopotato
ETH Spiked to 2-Month High, BTC Rejected at $24K (Market Watch)
After Binance Coin, Ethereum also soared to a new two-month peak. Bitcoin tried its hand at $24,000 but was stopped there.
2 days agocointelegraph
Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin price aims to break from its current range and flip $24,000 to support, while altcoins are following the upside move by attempting to confirm their bottoming patterns.
3 days agocoindesk
pSTAKE Announces stkBNB to Unlock Liquidity on Staked Binance Coin (EMB: 5 am EST]
pStake will allow users to stake any non-zero amount of BNB.
3 days agocryptopotato
Green Market Watch: Bitcoin Eyes $24K, BNB Spikes to 2-Month High
Binance Coin charted a new two-month high, while bitcoin soared and tapped $24,000.
5 days agocointelegraph
Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move.
6 days agocryptodaily
Nimbus Platform Launched the First Ever Financial Derivative Product on the Blockchain in its DeFi Platform
Manama, Bahrain: Nimbus Platform IO has launched the second iteration of its n-NFT as a structured financial derivative product. The launch of updated n-NFT is referred to as Smart Staker n-NFT in the constellation of Nimbus Platform Dapps and products. The first Nimbus n-NFT was launched in late December 2021. The Nimbus Platform n-NFTs are the first ever structured financial derivative using digital assets in Decentralized Finance (DeFi) in the world. The Smart-Staker n-NFT is a portfolio-enhancing tool that’s a yield-generating hedge against price fluctuations that also offers structural diversification as the yield generation is derived from four different Dapps activities. Previous to launching Smart Staker n-NFT, Nimbus launched Smart LP n-NFT focused on lending, liquidity providing, and LP staking using dApps and other tools on the Platform. The second-generation n-NFT was introduced to improve user-friendliness and solve users’ needs. Smart Staker n-NFT includes a yield-generating mechanism, which allows holders to receive rewards from the best Staking options. The threshold set for Smart Staker n-NFT is 1BNB or 200 BUSD. Once the NFT is minted, the underlying assets are automatically attached to the Smart Staker, sending them to two revenue streams — Soft Staking and CAKE-BNB LP Staking. In terms of rewards, the user will receive: 60% APY on NBU and GNBU Soft Staking (35% share each) - rewards accrued in NBU Up to 40% APY on CAKE-BNB LP Staking (30% share) - rewards accrued in CAKE The rewards generated by the Smart Staker accrue in real-time and can be withdrawn at any time, even if the NFT remains vested for 30 days. This unique and first-of-its-kind financial product – Nimbus’s n-NFT allows mitigating risks, offering optimal yield, without paying extra gas fees, and the n-NFTs can be exchanged through the P2P dApp of Nimbus Platform. For native governance token (NBU and GNBU) holders, the introduction of n-NFTs contributes to the rise in the tokens' value. As liquidity grows, the Platform’s native tokens become more stable. About Nimbus Platform: Nimbus Platform is the first global regulated DeFi institution under the supervision of the central bank. The company offers a wide range of services and products in DeFi and digital assets; with two offices, a headquarter in Manama, Bahrain; and Miami, in the United States. The company’s mission is to expand access to financial tools and literacy through the leveraging of innovative solutions in the digital asset and cryptocurrency space. Nimbus platform is a well-known player in the crypto space that boasts reliability and efficiency. For more information about its innovative products and yielding options, visit the website. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
6 days agocointelegraph
BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?
BNB Chain's total value locked dropped more significantly than its competitors, but the network’s decentralized applications are not fading out.
7 days agocryptopotato
Market Watch: Binance Coin Marks 2-Month High Above $300, Bitcoin Stalls at $23K
Binance Coin and NEAR Protocol are the two best-performers from the altcoins, with gains of up to 8% in a day.
7 days agocointelegraph
Price analysis 8/3: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment.
8 days agocryptodaily
Binance To Launch SBT For Wallet KYC
The crypto exchange has launched its first soulbound or non-transferable and non-financialized token, the Binance Account Bound (BAB). Binance’s New KYC Efforts The Binance crypto exchange will be amping up its identity verification efforts with the BAB Soulbound Token, which is built on the firm’s native build and build (BNB) chain. The token will act as a decentralized solution to the KYC requirements of the exchange. Owning a BAB token will verify a user’s status on the exchange. It would also facilitate certain third-party protocols. Therefore as of now, the BAB ownership is available for customers who want to go the SBT route for their KYC check as an opt-in feature on the Binance mobile app. Once Binance's KYC process has confirmed a user’s identity, they can directly mint the token onto their digital wallets. Customers who want to stick to the more traditional pathways of KYC can still opt to do so. As of now, owning a BAB token would simply indicate the KYC check; however, Binance might increase its functionalities and use-cases in the future. SBT As NFTs A fresh new Web3 concept introduced earlier this year, Soulbound tokens like BAB, are basically non-transferrable NFTs. Since these tokens can not be transferred, traded, or sold, they function perfectly as a wallet identifier as each is unique to the specific wallet holder on the blockchain. Furthermore, the Soulbound NFT can also store certain data about the wallet’s activities, like interacting with a dApp or smart contract. Binance CEO Changepeng Zhao (CZ) has spoken about the decision to launch the SBT, saying, “Soulbound Tokens will play a significant role in the way web3 credentials will work in a Decentralized Society… We foresee numerous use cases for the BAB token, and we will actively collaborate with the community to develop this revolutionary vision of decentralized society.” Unlocking The ‘Utility’ BAB will be the first soulbound token released on the BNB chain. The industry has been talking about pushing through all the hype over NFTs and discovering more constructive and long-term use cases. The NFT community is coming to terms with the need to uncover a true value proposition for non-fungibility. Is Soulbound Token the solution to that requirement? Looks like the Binance team believes so. The exchange has recently had a string of successes and has been delving into alternative token use in the space. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
8 days agonulltx
Helio Announces New BNB Over-Collateralized Stablecoin HAY
HAY, a BNB-Powered Overcollateralized Stablecoin, Is Set to Launch and Disrupt the DeFi ecosystem. British Virgin Islands – Helio has announced the upcoming launch of HAY, a stablecoin over-collateralized by BNB pegged to USD. Because it is powered by the BNB chain, HAY is poised to become one of the market’s safest and most reliable stablecoins […] The post Helio Announces New BNB Over-Collateralized Stablecoin HAY appeared first on NullTX.
8 days agocryptodaily
Degrain (DGRN) predicted to rise over 8,000% by the end of 2022 will overtake Binance coin (BNB) and Cardano (ADA)
The world of cryptos is growing and people are starting to trade more frequently daily. You might be wondering why some of the trendiest cryptocurrencies on the market right now include Degrain (DGRN), Binance Coin (BNB), and Cardano (ADA). Briefly said, individuals who were fortunate enough to invest in these cryptocurrencies early on will see enormous gains. Degrain has been predicted to rise over 8,000% before the end of 2022. Binance Coin (BNB) sees large whale sell to buy Degrain presale tokens The native token of Binance is called Binance Coin (BNB). Even though this platform has only been operational for a short while, it has already grown to become one of the world’s largest cryptocurrency exchanges (by trade volume). People who desire exposure to a specific cryptocurrency aren’t the only ones buying BNB. BNB has gained enormous appeal as an ICO, much like Ethereum (ETH) (ICO). Investors recognize its rising price and are aware of the potential of another digital currency, which offers the possibility of enormous profits for those who buy at the appropriate time. If you want to earn extra money with no work required, keeping at least 1% of your portfolio engaged in Binance Coin (BNB) may be a good idea. Cardano (ADA) struggling to keep up, may soon fall further The blockchain initiatives being developed by Cardano (ADA) developers are pretty ambitious. While doing so, most initiatives seek to address bitcoin’s flaws, such as its slower speeds and higher transaction fees. Cardano (ADA) seeks to build a more reliable platform than current blockchains while retaining a high level of privacy. It tries to address scalability problems that have beset some of its more established competitors, like Bitcoin (BTC) and Ethereum (ETH). The Cardano (ADA) platform supports smart contracts and can be used for purposes other than just making financial transactions. The use of blockchain technology has the potential to transform everything from voting processes to supply chain management. The adoption of ADA might rise sharply in the future. Degrain (DGRN) tipped to be the best investment in 2022 Crypto experts have selected Degrain (DGRN), the first NFT network to facilitate trading across other blockchain networks in the community, as the most promising project to invest in for 2022. It is logical to expect that Degrain (DGRN), currently the preferred NFT protocol by analysts, will soon overtake other protocols and supplant them as the market leader. Cryptocurrency experts predict that Degrain (DGRN) will generate significant gains for investors at its current market price of $0.06. It is projected that growth will climb by 8,000 percent by christmas. Investors can profit from this initiative and raise their long-term gains by investing immediately in this currency. Liquidity will be locked for ten years, the smart contract has been audited and team tokens will be locked for a year making this a safe investment. We give the top award for best investment in 2022 to Degrain. You can join the presale using the links below. Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
8 days agocryptopotato
Blockchain Firm Ankr Launches SDKs for Multichain Liquid Staking
The staking solution allows project developers to provide liquid staking to users on five blockchains, including Ethereum and BNB Chain
8 days agocoindesk
Ankr Introduces Token-Staking Tool Kits for Yield-Hunting Communities
The toolkits will initially be offered on Ethereum, Polygon, BNB Chain, Avalanche and Fantom networks.
8 days agocryptopotato
BinaryX Releases RhinoX Whitepaper Detailing New Key Features of its Ecosystem
[PRESS RELEASE – Singapore, Singapore, 2nd August, 2022] BinaryX, a leading P2E game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 NFTs enabling holders to use their assets as avatars on various GameFi and DeFi applications on the BNB Chain. The Rh!noX NFT series gets its inspiration from Soulbound items […]
9 days agocryptodaily
A Selection Of Top Quality BSC Cryptos To Consider: Gnox (GNOX), Binance Coin (BNB), And PancakeSwap (CAKE)
Due to its dual-chain architecture, Binance Smart Chain enables users to create decentralized applications and digital assets on one blockchain and then quickly trade them on the other. Despite some early setbacks, this January, crypto enthusiasts think 2022 has the potential to be just as significant as 2021. A number of notable coins that are traded on the BSC are Gnox, Binance Coin, and Pancakeswap. Gnox (GNOX) Even before the Gnox platform was formally launched, the investors in Gnox had already made a profit of more than 63 percent. According to experts, since additional gains are essentially taken into account, the price of its token will almost certainly rise over the course of the upcoming month. This is due to the fact that a significant portion of Gnox tokens bought during the presale is burned on the 12th of each month, every 30 days. Investors have a good reason to make an investment today. All unsold tokens will be burned prior to the launch. This guarantees a fair initial public offering and unquestionably increases the token's price one more time before it is made accessible to the general public. Gnox is currently in its third presale stage and will officially be launched on August 12, 2022. Binance Coin (BNB) The native token of Binance and the Binance Smart Chain is called Binance Coin (BNB). The BSC ecosystem uses it for a variety of things, including paying transaction fees. As the price of BNB reflects the overall health of the cryptocurrency market, BNB may be a profitable investment in 2022. Currently selling for $383, some analysts predict that BNB will cost $1000 by the end of the year. PancakeSwap (CAKE) One of the top decentralized exchanges, PancakeSwap, was created using the Binance Smart Chain (BSC). Its token, CAKE, helps to maintain the liquidity of the platform, and can also be staked on to earn its holders 62% APY at the time of writing. To reach a high of $44.18 in 2021, CAKE experienced an enormous increase of almost 7000 percent. Its current price of $7.67 might offer a good entry point with plenty of room for growth Learn more about Gnox: Join Presale: Website: Telegram: Discord: Twitter: Instagram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
9 days agocryptopotato
Binance Unveils First-Ever Soulbound Token on BNB Chain
The Binance Account Bound (BAB) tokens, which will be issued by Binance, will serve as KYC user credentials.
9 days agocryptodaily
BinaryX Releases RhinoX Whitepaper Detailing New Key Features of its Ecosystem
Singapore, Singapore, 2nd August, 2022, ChainwireBinaryX, a leading P2E game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 NFTs enabling holders to use their assets as avatars on various GameFi and DeFi applications on the BNB Chain. The Rh!noX NFT series gets its inspiration from Soulbound items in the World of Warcraft game and aims to be the first-ever Soulbound Token on the BNB chain. Moreover, the collection links the holders' NFTs to their interactions, thus developing them into unique assets. Above all, it provides them with numerous perks, such as access to beta tests for games, NFT whitelists, projects, new tokens on BNB Chain, and more. The team spent several months improving the project’s vision and roadmap, now available in a new and enhanced whitepaper. For the first time, readers can explore the full functionality of Web3.0 and understand the underlying mechanisms, possibilities, and features of Rh!noX. Here’s a short summary: The Rh!noX Soulbound Token Analytic System This feature will calculate the credit score of a wallet depending on its owned amounts and trading history. It works similarly to a credit card company’s standard credit calculation system. Simply put, it determines the perks a user is eligible for, depending on his creditworthiness. The system will categorize Rh!noX owners into different tiers with distinct benefits. For example, members of the highest tier will enjoy more perks than those in the levels below, with the number and quality of perks decreasing with each tier. A good credit score will reward NFT holders with numerous advantages, such as: ● VIP treatment ● Exclusive Airdrops ● Airdrops from different projects ● Closed-beta entry/Early access to DeFi project/Whitelist Slot ● Discounts on processing fee ● Unsecured Loan ($RUSD) The latter is a loan that doesn't require collateral. Also, the maximum amount a user can request depends on their credit rating. The initial fund for the unsecured loan will come from Rh!noX Treasury and represents the income from selling Rh!noX NFTs. Lastly, the loan amount will affect the interest rate and will be collected in $RUSD. Trading Rh!noX NFTs will not impact the credit rating of their respective owners. Furthermore, the accumulated credit score is connected to an Rh!noX NFT and could be transferred to another user. Multidimensional Behavior Analysis Model The system has an in-built cohesive analysis model studying the NFT owner's characteristics, personality, and reliability. To reach this conclusion, the system will consider the wallet’s address and interactions, such as: ● Trading History ● On-chain Behavior ● Project Preferences ● Asset Portfolio ● Liability Status ● Attended Campaigns & Events ● Airdrops History Ultimately, this list will expand to include more factors without sacrificing the anonymity of web3.0 technology. Here is a use case of this analysis model. Rh!Drop With Rh!Drop, developers can target on-chain users depending on asset values, interests, trading styles, credit ratings, etc. This feature will be an on-chain airdrop targeting service and the primary tool for on-chain project developers. For example, they can use it to deliver airdrops to target receivers matching specific criteria. To better understand the idea, think about Google Ads. Google Ads distributes customized advertisements to selected users based on their past behaviors on the internet. The suitable ads will be served to the right target audience. Rh!noX works similarly. In simple terms, this does not only benefit project owners but also every user on Web3. Project owners & developers could improve their project awareness and expand their communities easily after identifying the right audience for their projects. At the same time, common users would enjoy the airdrops from different projects or even early information without having to do any additional tasks as long as their overall credibility and ‘personal profile’ are good. Sociality of Rh!noX NFT The project also comes with various social features, such as: Social Identity Rh!noX Official will verify the individuals’ background. Also, it will allow users to identify the other person's trustability depending on the data the Soulbound Token collects. This way, future Web3.0 users can visit the profile of a wallet address and identify essential details, such as capital level, project preferences, active areas, trading style, etc. This tool also eliminates fake IDs, false claims over assets, and more. Its level of transparency will be accessible to everyone. For instance, if a user has more than 10,000 $BTC in a wallet, it will receive the "BTC Whale" title, which should tell developers everything they need to know about this individual. Rh!neT This feature will operate like a web3.0 networking platform, enabling users to check someone’s profile, social status, social network, send instant messages, etc. Its main goal is to help users connect and build a community on transparency, credibility, and high-quality identity. About Rh!noX Team Rh!noX has extensive experience in the blockchain industry, traditional game development, and game publishing (learn more about BinaryX). The core team members are from Silicon Valley and participated in the development of the early BNB Chain and Polkadot chain and have made outstanding contributions to the development of the industry. One thing worth mentioning is that before entering the blockchain industry, the team worked in the financial services industry, that's providing loans, mortgages, and wealth management services for many years. Backed by this unique experience, Team Rh!noX fully understands every financial feature of NFT and lays a good foundation for the real-life application of Rh!noX NFT. Team Rh!noX holds a firm conviction that there is a huge and undiscovered space for what NFTs could become and that NFTs should have more than just showing artistic value and signaling wealth. It was when the team couldn’t stop questioning themselves: What if NFTs could work as certificates? What if NFTs could represent one’s credibility? What if NFTs could work like a Digital Mastercard? What if Rh!noX could build the foundation of social relationships of trust? By solving these questions and putting these ideas together, a wider door will be opened to blockchains, and the ecosystem will become more than just about money, but trustable and fun to stay in. Despite the bearish market, the team believes it is the right time to develop and expand the project to benefit its users. To this end, they added new members and planned future collaborations with other projects to increase the practicality of the Rh!noX ecosystem and beyond. As a result, Rh!noX stands out from the growing crowd of NFT projects, which often lack utility and long-term sustainability. Rh!noX’s utilities aim to cover the entire Web3.0 in the future, not just on the BNB Chain, as it’s the only way to maximize the functionality of Soulbound NFT. Up to this day, Rh!noX has achieved the following achievements after its first auction sale: Rh!nox: Sold out in Dutch Auction Sold out 10000 units at 9BNX in 4 hours Rh!nox: Most-traded NFT Collections On Binance NFT Marketplace Listed in June and achieved $1.5m trade volume in the last 7D For more information about Rh!noX visit: Website | Twitter | Medium | Discord ContactsChun [email protected]
9 days agocryptodaily
Binance Coin (BNB) and Filecoin (FIL) will be overtaken by Degrain (DGRN) Top Analysts Predicts 8,000% Rise By The End Of 2022
With the level at which cryptocurrency is getting adopted recently, more and more people have been looking to get onboard. But without enough information on what coins to buy, finding a good entry point is a difficult task. In this article, we simplify things by bringing you Binance Coin (BNB), Filecoin (FIL) and Degrain (DGRN) which has been predicted to rise over 8,000% by the end of 2022. Binance Coin (BNB) investors struggling to recoup positions The world of crypto is currently in a bear market; many coins have taken severe hits, with some not recovering. Binance coin (BNB) is not an exception in this case, as it is currently down about 60% from it's all-time high in May 2021. However, despite the fall, investors remain on the token because of its ties to the largest CEX in the ecosystem right now - Binance. The Binance coin (BNB) was initially created to award discounts on transactions, but now it has many other users, most of which are linked to the Binance network. Binance (BNB) coin is struggling to recoup gains for recent investors. Binance coin (BNB) is unlikely to produce any gains until mid 2023. Filecoin (FIL) investors rush to buy into Degrain presale Filecoin (FIL) stands apart from many other tokens because of what its creator has set out to do. Filecoin (FIL) is a decentralized storage system that aims to secure humanity’s most sacred information on the blockchain in a decentralized manner. Since it was created, Filecoin (FIL) has not fallen beneath the $1 mark and has risen as high as $237. It attained that figure in 2021, but 2022 has been a brutal year for the platform as it is down more than 97%. Regardless of this, analysts have predicted that Filecoin (FIL) is most likely to rise as soon as the crypto world is in a better market cycle, which makes buying the dip a potentially smart option. Degrain (DGRN) Tipped to be the best investment of 2022 Degrain (DGRN) has the aim of becoming the first cross-chain NFT marketplace in the world. Early investors who buy into the presale will receive 100% off trading fees for life alongside buying at the lowest prices possible. The token launched in a presale on July 7th and shocked the ecosystem by racking up 11 million sales in the first 60 seconds of launch. Since then, the price has been rapidly increasing upwards and now trades at $0.06. The second phase of the presale is ongoing, but given how the first phase sold out over two weeks early, don’t expect the second one to last very long. Degrain (DGRN) will be locking liquidity away for ten years, the team will be unable to sell any tokens for the first year while the smart contract has been audited thus proving to be a very safe investment. Top crypto analysts predict this to be the best investment of 2022 while some tip an increase of over 8,000% by the end of 2022. We also consider this to be a solid investment. You too can join the presale by using the links below. Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

About Binance Coin

The live price of Binance Coin (BNB) today is 329.412 USD, and with the current circulating supply of Binance Coin at 161,337,261.09 BNB, its market capitalization stands at 53,146,424,094 USD. In the last 24 hours BNB price has moved 3.5445 USD or 0.01% while 709,749,250 USD worth of BNB has been traded on various exchanges. The current valuation of BNB puts it at #5 in cryptocurrency rankings based on market capitalization.

Learn more about the Binance Coin blockchain network and how it works or follow the price of its native cryptocurrency BNB and the broader market with our unique COIN360 cryptocurrency heatmap.

Short for ‘Build and Build’, BNB, formerly known as Binance Coin, is the native cryptocurrency of the Binance ecosystem. Launched in mid-2017 through an ICO (Initial Coin Offering) valuing each token at $0.15, BNB was used to raise funds for the marketing and development of the Binance cryptocurrency exchange. Today, Binance Coin (now BNB) facilitates discounted crypto trading on Binance alongside giving holders access to the exchange's launchpad and various other products and services. Whilst Binance Coins were initially released as ERC-20 tokens on the Ethereum blockchain, they were swapped in 2019 to BNB coins on the Binance Chain, which has since merged with the Binance Smart Chain (BSC) to form the BNB Chain.

Founded by Chanpeng Zhao — popularly known as CZ — and Ye Hi, Binance is one of the largest crypto exchanges in the world in terms of daily trading volume. Powering this exchange is an entire ecosystem of offerings such as margin trading, P2P trading, swap farming, crypto derivatives trading, Binance Launchpad, Binance DEX, staking services, liquidity farming, NFT marketplace, and crypto loans. The BNB coin is at the heart of this ecosystem and BNB price has followed the exchange's growth.

BNB price

With Binance’s rapid rise in the crypto industry, its native coin BNB has also witnessed significant value appreciation over the years. However, the increase in BNB USD price was slow in the start, where it remained well under $50 between 2017 and early 2021. Even during the market-wide crypto bull run of 2017-18, BNB's all-time high price was only $24.71 (in January 2018).

However, in the month of May 2021, the entire crypto market witnessed a major uptrend, with many cryptocurrencies registering new all-time highs. Consequently, BNB price rallied from under-$50 to an all-time high of $690.93 on May 10, 2021 (an increase of 460520% from the BNB ICO price). Moreover, BNB’s fully diluted valuation at the time stood at over $100 billion.

How BNB works

BNB can be freely sent between crypto wallets and used as a payment method. Besides powering the Binance ecosystem, BNB is also actively used for payments on various third-party platforms in the travel, entertainment, finance, and services sector. 

The Binance ecosystem comprises two blockchains – BNB Beacon Chain and BNB Smart Chain (BSC) – now recognized as one single entity, the BNB Chain. 

Whilst the BNB Beacon Chain uses the Tendermint Byzantine-Fault-Tolerant (BFT) consensus mechanism, the BNB Smart Chain employs the Delegated Proof of Staked Authority (PoSA) consensus mechanism. The former enables Binance to be 100% involved in the BNB Chain governance, and the latter opens up the network to other validators. 

According to Binance, its network processes over 1,400,000 transactions per second, with a transaction fee of less than 0.10%. That said, Binance continues to control the BSC blockchain by vetting the block validators that it brings on board. This has also attracted criticism with respect to the lack of decentralization.

BNB news, updates and highlights

BNB price is, to a large extent, directly co-related to positive developments in the Binance ecosystem. For example, the value of BNB goes up when news of Binance's expansion plans comes to the fore.

The BNB burn is also a major driver of Binance Coin's price. Recently, in January 2022, Binance completed its 18th token burn, removing 1.68 million BNB coins from the circulating supply — worth roughly $795 million. BNB follows a deflationary mechanism per which a certain number of coins are burnt every quarter to eventually destroy 100 million BNB over a period of time. 

In February 2022, Binance’s two main blockchains were grouped together and called the BNB Chain. With this step, Binance aims to implement the MetaFi concept and build infrastructure that will power the growing new niche of metaverse finance.

Frequently asked questions about BNB

  • Can you mine or stake BNB?

You cannot mine BNB as it is pre-mined, but you can stake your BNB holdings to earn staking rewards.

  • What are some of the best BNB wallets?

Some of the best BNB wallets include MetaMask, Ledger Nano S, Trust Wallet, Guarda Wallet, Coinomi Wallet and Atomic Wallet.

  • What can you do with BNB?

If you have BNB coins, you can use them in multiple ways, both within and outside the Binance ecosystem. You can use BNB within Binance to pay a reduced transaction fee on Binance Exchange, access exclusive token sales on Binance Launchpad, stake BNB and spend BNB worldwide through Binance Visa Card. 

Outside Binance, BNB can be used on multiple third-party platforms.

  • How to buy BNB?

You can buy BNB from any well-known exchange platforms like HitBTC, eToro, MEXC, and Nexo. Look out for commonly used trading pairs like BNB/USDT, BNB/BTC, BNB/ETH, BNB/EUR, BNB/USD, or BNB/GBP to execute the exchange.

Binance Coin Price329.412 USD
Market Rank#5
Market Cap53,146,424,094 USD
24h Volume692,317,053 USD
Circulating Supply161,337,261.09 BNB
Max Supply200,000,000 BNB
Yesterday's Market Cap53,041,070,000 USD
Yesterday's Open / Close325.215 USD / 328.759 USD
Yesterday's High / Low336.207 USD / 315.028 USD
Yesterday's Change
0.01% ( 3.5445 USD )
Yesterday's Volume709,749,250 USD
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