๐ BNB Breaks $500 Barrier! ๐
BNB, the native token of BNB Chain, surged 6% on Aug. 8, smashing through the $500 resistance. But hold your horses, crypto cowboys! Despite this leap, BNB is still down 9% for the week due to earlier market jitters.
๐ On the bright side, BNB has outperformed most altcoins, dropping just 1% over the past 30 days, while the overall altcoin market fell by 7%.
Traders are now eyeing the $590 mark, fueled by better-than-expected US jobs data and a bullish S&P 500.
What do you think? Can BNB keep up the momentum? Drop your thoughts below! ๐
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