As of this moment, Binance Coin is ranked at #7 on coinmarketcap. BNB is trading in the green zone by a decent margin, and the value sits at $37.56. The surge felt since the course of the entire day amounts to 2.09%. 141,175,490 BNB tokens are engaged within the circulating supply, and the 24-hour trading volume recorded stands at $341.367 billion. The total market cap for Binance is around $5.302 billion as seen on coinmarketcap.
Here are a few alerts published recently which might have been the cause for BNB’s strong pace:
THORChain will launch the $RUNE token on Binance Chain to access a strong community and commit to building common tooling for the ecosystem.
The team are looking to building alongside Binance Chain Community.
— THORChain (@thorchain_org) June 25, 2019
Team @qiibee is very excited to announce that we will be migrating a portion of qiibee tokens $QBX to #BEP2 on the @Binance Chain! Lookout for our proposal to list on @Binance_DEX.
For more infos, please head over to the official announcement: https://t.co/oxsMu6TOYH
— qiibee (@qiibee) June 25, 2019
The upper limit of resistance for Binance which it looks to overcome rests at $40. Key support may be seen at $35, below which if price reduces it will be a sign of bearish pressure. For now, BNB is reflecting the pace undertaken by BTC. Yesterday, the value attained by BNB was recorded at $36.67. At the end of last year, the price of BNB was at $6.16. They were the biggest gainer of this year. Binance also announced its arrival in India a short while ago.
However, if selling occurs, then the value may sink below the $30 support level. The $28 and $26.60 marks are where data shows the price has a chance of resting.
Stratis AMA on @binance telegram tomorrow at 4pm GMT https://t.co/4pJ8cGJtYW Download the Stratis Wallet to participate in the 5200 Strat giveaway. #blockchain #ama #binance #stratis $STRAT pic.twitter.com/GkgZc7x7Jb
— Stratisplatform (@stratisplatform) June 25, 2019