🔥 Binance Coin (BNB) on the rise! Investors believe in $1000! 🚀

BNB, the native cryptocurrency of the Binance exchange, has hit a new record — $775, and it seems to have no intention of stopping.

📈 Why is it rising?

1. Increased demand:

BNB is actively used to pay fees on the Binance exchange. The popularity of the exchange is growing, and along with it, the demand for the coin.

2. Token burning:

Binance regularly reduces the total supply of BNB by burning tokens. This increases their scarcity and value.

3. Overall market growth:

Amid the rise of the crypto market and interest in decentralized finance (DeFi), investors are paying more attention to large projects like Binance.

• In the last 14 days, the coin has risen by 25% — we haven't seen such a leap in a long time!

• The price easily passed through an important resistance level at $658 — this means that investors are willing to buy even at a high price.

• The market capitalization has reached $110 billion, placing BNB among the largest cryptocurrencies.

📌What can I say 😳, I looked at the chart and was astonished at how BNB skyrocketed📌✅