The Binance Coin course is growing again this Thursday, reaching levels at which it has not been since June 2018. Another rise of 15% allowed BNB to take the seventh line in the CoinMarketCap list and at the same time shift Tether.
A month ago, the BNB was in twelfth position and was trading around the $ 8.15 mark. Since then, Binance’s own token by capitalization has bypassed Cardano, Bitcoin SV, TRON, Stellar Lumens, and now USDT. At the time of publication, 1 BNB costs $ 15.40. Last week, an increase of more than 50%.
The rapid rise of BNB was preceded by a series of positive events related to the exchange itself and its token. In February, Binance launched a test version of its decentralized exchange. Although the level of decentralization of the platform remains a matter of discussion, the commissions for listing that will be paid to the BNB, allow us to count on the token being in demand in the future. In addition, Binance recently resumed tokensiles on its Binance Launchpad site, which also uses BNB tokens to participate in. The CEO Binance comments on these and some other issues that he gave this week probably served as a catalyst for further asset price growth.
