The Binance-Chain Store-of-Value Token Presale Launch and Spot ETF Rumors Push BNB to ATH
The US Government's newly sanctioned
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infrastructure for the Binance crypto ecosystem reigns supreme as Binance's founder starts his four-month federal jail term. After the token presale for BEP-20 alternative Bitcoin "Bitnance ($BTN)" began, the BNB currency reached a new high.
Binance (BNB) Coin's Highest Point?
The BNB coin ATH is at $720.67 [USD]. This was established yesterday, June 6, 2024.
until this, the native currency of the world's largest crypto exchange would stagnate at $650 until correcting. This occurred twice before 2024.
BNB Coin Price Rise: Why?
Numerous hypotheses explain why $BNB $BNB prices are rising.
Most notably, traders predict Binance Coin spot ETF clearance this year. After Ethereum's acceptance, many anticipate BNB, SOL, XRP, and LTC to follow suit.
The price spike may possibly be due to Binance's resume of Visa and Mastercard credit card transactions. This news emerged today but was in the works for almost a week, suggesting a whale
