The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.
Binance Coin (BNB), the native cryptocurrency of the Binance ecosystem, has experienced a remarkable surge, breaking through a significant resistance level and setting a new all-time high (ATH) of approximately $771. This 15% rise in just 24 hours has shifted the focus toward BNB's potential to continue its upward trajectory.
BNB's breakout to $775 signals potential for further gains, with bullish momentum driving interest.
Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump's election victory promises a friendlier U.S. regulatory environment toward digital assets.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.
Peter Brandt made a bold prediction earlier this week, forecasting that Binance Coin (BNB) price would reach new all-time highs. As of today, his prediction has proven to be accurate, with BNB price surpassing its previous record price and hitting a new peak.
Binance Coin ($BNB) rallied 20% in the last 24 hours to hit a new all-time high of $788.84 at lunchtime UTC. The native token for the world's biggest exchange rallied sharply on a day when most leading cryptocurrencies are posting moderate gains. Crypto's $3.7 trillion market rose 0.8% overnight.
BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory.
Crypto exchange tokens Binance coin (BNB), Bitget (BGB), and GateToken (GT) have all reached all-time highs today. The rise in the value of digital assets echoes the broad altcoin market's bullish sentiment, and analysts expect they will all surge even further in the long term.
Savvy commodities trader Peter Brandt published a tweet, predicting new all-time highs for Binance Coin (BNB). This prediction came true as BNB has, by now, gone much higher than Brandt predicted earlier today.
Story Highlights With a 24-hour surge of ~19%, the BNB coin price has achieved a new ATH. Daily trading volume records a 125% surge and surpasses the $5 billion mark. Sustained bullish action could push the price toward the $1000 mark. The BNB coin price has achieved a new ATH of $793.
Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.
The price of BNB, the native token of Binance's BNB Chain, has surged exponentially over the last 24-hour period to outperform most other major cryptocurrencies and hit a new all-time high near the $800 mark.
SpringBoard's liquidity pairing mechanism eliminates dependency on external sources.
BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.
The price of Binance Coin (BNB) has reached an all-time high with the opening of a new trading session on the crypto market. Trading at $793.86 per token, BNB has surpassed its 2021 high, and right now we can say that it has entered the price discovery phase.
TL;DR Binance Coin (BNB) surged 21% in a day, reaching a new all-time high of $793.35 and becoming the fifth-largest cryptocurrency by market cap, overtaking Solana (SOL). The rally was driven by positive market sentiment, Binance's robust ecosystem, and increased activity on the Binance Smart Chain, which boosted demand for BNB.
PancakeSwap unveiled its SpringBoard platform, enabling seamless token creation on BNB Chain without coding expertise.
PancakeSwap, a well-known DEX on the BNB Chain network, has just introduced a new platform that allows launching a token without code.
Leading DeFi platform PancakeSwap on Wednesday marked a monumental stride, introducing a new token launch portal for BNB Chain, SpringBoard. This new platform is much-touted to be similar to Solana's token launch platform Pumpfun.
TL;DR PancakeSwap's new platform, SpringBoard, allows users to create and launch crypto tokens without coding expertise, making it accessible to a broader audience. SpringBoard offers tools for token creation, liquidity setup, and trading, with features like automatic liquidity pairing and a fair launch mechanism to ensure transparent token distribution.
BNB price has gained more than 151 percent year-to-date, but a new record high sets it up for something bigger. But there's a risk.
PancakeSwap has launched ‘PancakeSwap Springboard,' a new platform where users can create and list meme coins on BNB Chain. Shortly after its launch, BNB's price reached a record high of $782.
BNB has reached a new all-time high of $775, supported by increased trading volume and technical indicators, while maintaining price levels above key support zones.
TRX is today's top performer.
The rise of BNB price is heavily bolstered by the robust fundamentals of the Binance ecosystem including vibrant DeFi protocols and rising stablecoins inflows.
For the next chapter of Web3, the team behind the BNB Chain has curated a three-phased strategy for development.
PancakeSwap's head chef, Chef Kids, told Cointelegraph that SpringBoard is an ecosystem rather than a platform to launch tokens.
Binance Coin (BNB) posted a new all-time high above $770, with expectations of rallying to four-digit valuations.
CZ shares a Toy Story meme suggesting ambitious future developments for the BNB ecosystem.
BNB established a new all-time high (ATH) at $774 after the altcoin's price shot up by 16% over the last 24 hours.
The Bitcoin price continues to juggle around the narrow range, paving the way for the other altcoins to grow. While the large-cap tokens are gaining more attention, the tokens within the top 10 have been performing exceptionally in the past few days.
As Bitcoin (BTC) buyers consolidate to regain bullish momentum for the next rally above $100k, the altcoin industry – led by Ripple Labs XRP, Binance Coin (BNB), and Tron (TRX), among others – has gained significant grounds. The TOTAL3, which excludes Bitcoin and Ethereum, rallied to a new all-time high (ATH) of about $1.
BNB climbed to a record $765, breaking resistance zones and confirming a bullish reversal. With a golden cross on the charts, traders and analysts are optimistic about a potential rally toward $1,000 and even $1,630 in the near term.
The crypto prices remain bullish today, with Bitcoin (BTC) consolidating in the $93K to $96K range. Among altcoins, Binance Coin (BNB) surged 15%, reaching a new all-time high.
Binance Coin (BNB), the native cryptocurrency of the Binance blockchain, has officially entered a new price discovery phase, recently reaching an all-time high of $774 late Tuesday. This significant milestone reflects a broader trend in the cryptocurrency market, where attention has shifted from Bitcoin (BTC) to altcoins like BNB and XRP, both of which have demonstrated impressive price movements over the past 48 hours.
Binance Coin (BNB) has surged to a new all-time high, hitting $775, as it gains significant bullish momentum. The cryptocurrency's rapid price increase follows the breakout of a key technical pattern and the formation of a golden cross, both of which suggest further upside potential.
The rise comes amid growing concerns about DEX vulnerabilities, with one bot reportedly stealing $40 million in just three months.
Buyers are back in the game, according to CoinStats.
Sandwich attacks are accelerating on BNB Smart Chain, targeting mostly Pancake Swap. Despite block builders, the chain saw a near-record number of transactions and users attacked in November.
Data shows that the number of blocks suffering Sandwich attacks in the BNB Smart Chain reached a new record last month. According to data provided by Dune, 35.
Binance Square introduces a 'Write to Earn' campaign, allowing creators to earn daily BNB rewards and up to 30% commission. The campaign runs from December 3 to December 9, 2024.
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?
Binance Coin (BNB) has been trading sideways in the last four days. However, as of this writing, it has breached below a key Exponential Moving Average (EMA) on the daily chart.
As Bitcoin continues to head lower on its own downward trajectory, the major altcoins are following suit. What are the best potential levels to catch a bounce for Ethereum ($ETH), Solana ($SOL), and Binance Coin ($BNB)?
Binance Chain Native Token (BNB) has risen to a high of $688 and has resumed its sideways movement. The price of the cryptocurrency is approaching its record high of $724.