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#BinancesquareBNB #BNB🔥 #BinanceSquareTalks BNB (BNB) price has increased today. The price of BNB (BNB) is $230.14 today with a 24-hour trading volume of $613,774,789.35. This represents a 1.80% price increase in the last 24 hours and a 3.00% price increase in the past 7 days. With a circulating supply of 150 Million BNB, BNB is valued at a market cap of $35,358,244,897
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What are Meme Coins?
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#Meme #BinanceSquare Meme coins are a type of cryptocurrency projects that are built around memes. Meme coins can be dog-themed, food-themed, even celebrity and politician-themed. Unlike traditional cryptocurrency, which focuses on blockchain technology and scaling solutions, meme coins are more about fun, humor, and community engagement, presenting a lower barrier to entry. Meme coins are also cheaper than well known large cap cryptocurrencies like bitcoin, selling for as low as fractions of a cent, making it accessible to a wider audience. Group marketing creates hype, driving buy pressure for the meme coin project. Historically, some meme coins have turned a considerable profit for their holders, enjoying a significant price return in a short span of time. However, given that meme coins usually hinge on a funny concept, their value is determined by how much momentum they can generate and whether they can maintain their audience's level of interest. As a result, in order for meme coins to sustain value in the long term, many contemporary meme coins have started offering more than just the meme culture as their source of value.
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#BTC #BinanceSquare The price of Bitcoin (BTC) is $33,875.34 today with a 24-hour trading volume of $15,143,992,780.52. This represents a -0.70% price decline in the last 24 hours and a 14.10% price increase in the past 7 days. With a circulating supply of 20 Million BTC, Bitcoin is valued at a market cap of $661,535,802,030.
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