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Binance Coin {BNB} climbs as updates get scheduled, and network notes boost

Bitcoin

Binance Coin is ranked at #6 on coinmarketcap. The price of BNB is currently in the green zone, which shows that once again, Binance can prove to be exceptional. The dependence on Bitcoin has also reduced since the beginning of 2019, when BNB was priced near the $6 level. The trading volume recorded in the course of the past 24-hours is $300.072 million.

The total market cap of Binance is $4.885 billion according to the latest available data. The price of BNB is at $31.41, after a surge rate of 1.38% was noted. Most of the other top altcoins [except for LEO] are in the red zone due to sellers scoring victories over buyers.

Binance has been a consistent and has become a renowned player in the market. Binance is considered to be the world’s most trusted exchange, in aftermath of a hack which led to the loss of millions of funds. Changpang and his team looked after the victims following this ordeal, all were reimbursed.

Back when Mt. Gox was a big name and the problems began to surface, it turned into a catastrophic failure. Jed McCaleb is still facing lawsuits due to his alleged shady activities back in the day. He is the current CTO of Stellar Lumens, the token which rivals the abilities of XRP in the market.

According to my predictions, Binance has the propensity of reaching $60 by the time 2019 wraps up. Due to presence of volatility there is also a slight chance that BNB will sink to $20.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.