Watch out $BNB closely
Monitor it
It may show a rise
) is the native cryptocurrency of Binance, one of the largest crypto exchanges globally. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB later transitioned to Binance Chain, a blockchain developed by Binance. It is widely used to pay for transaction fees on Binance platforms, offering discounts to users who use it. Beyond this, BNB is versatile, powering decentralized finance (DeFi) applications, participating in token sales, and facilitating payments and travel bookings. Its deflationary model, achieved through periodic coin burns, ensures scarcity and supports its value in the dynamic crypto market.