Speaking of the "tornado" in the cryptocurrency world, we have to mention BNB (Binance Coin).

BNB first debuted in 2017 through an ICO (initial coin offering), when 1 BTC could be exchanged for 20,000 BNB. Today, the price difference is simply a world of difference.

The total amount of BNB was originally 200 million, but due to regular "coin burning" (Binance will regularly buy back and destroy a portion of BNB), the current circulating supply is about 154 million. The latest price is about $700, which has soared BNB's market value to about $108 billion (Binance) (CoinGecko).

The main uses of BNB can be said to be very diverse. In addition to enjoying discounts on trading fees on the Binance exchange, it can also be used to pay trading fees, participate in token sales on Binance Launchpad, and even pay for hotels and flights on travel websites. To put it bluntly, holding BNB is like having a pass to travel freely in the Binance ecosystem (The Block) (CoinDesk).

As for the future, as the cryptocurrency market matures and the Binance platform expands, the demand for BNB may continue to rise. Especially the coin burning mechanism, which not only reduces the supply on the market, but also increases scarcity, which generally has a positive impact on the price of the coin.

In short, if you have confidence in Binance and its ecosystem, BNB is a good choice. Considering the current market dynamics and BNB's multi-functional uses, its future growth space is still considerable. $BNB #bnb历史新高 #BNB金铲子挖矿