BNB: Established Player With High Hopes
Binance Coin (BNB), the native token of the Binance exchange, is a well-established player in the crypto space. It is used for various purposes on the Binance platform, including trading fee discounts, staking rewards, and participation in token sales.
As of March 26, 2024, BNB is trading at around $577, 76% increase from its price at the beginning of the year and investors are expecting that bnb will get its all time high in 2024.
Many BNB investors are optimistic about the coin's future, with some predicting it could reach an all-time high (ATH) in 2024. This optimism stems from several factors, including the continued growth of the Binance ecosystem, the increasing adoption of Binance Smart Chain (BSC), and potential regulatory developments that could favor established exchanges like Binance.
