BNB Price and Market Cap Increase
BNB price rose to $717.48 on Thursday, increasing its market capitalization to $109 billion. This token has managed to more than double its price since the beginning of the year.
Binance's Rising Fortune
This rise of BNB also reflects the overall wealth of Binance. While the total value of assets in the stock market was around 80 billion dollars at the beginning of January, today this value has reached 125 billion dollars. This increase comes despite the company paying a historic $4.3 billion penalty to settle a lawsuit with US authorities last year, cementing Binance's market dominance.
BNB Usage Areas and Advantages
BNB holders receive trading fee discounts on Binance. Additionally, BNB is used to pay transaction fees on the BNB Smart Chain, which is popular in various crypto applications such as games and exchanges.
Analyst Opinion: Dessislava Aubert
Kaiko analyst Dessislava Aubert noted that BNB's recent rally was foreseen in derivatives market trading patterns from late May. Spot demand began to increase in June, and purchases consistently outpaced sales between June 2-5.
According to Aubert, BNB is traded on many centralized exchanges, which “makes it different from other exchange tokens that are traded almost exclusively on their own platforms.” He also emphasized that Binance still accounts for 85% of global BNB volume.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.