Binance Coin (BNB) is one of the leading cryptocurrencies in the market, powering the Binance ecosystem. Below, we analyze its real-time data, market trends, and exchange comparisons to help traders and investors make informed decisions.
Key BNB Market Metrics
- Current Price: $655.26
- 24H Change: -0.69%
- Circulating Supply: 144,005,782.38 BNB
- Market Cap Rank: #5
- 24H Trading Volume: ¥NaN
- All-Time High (ATH): ¥– (May 10, 2021)
- All-Time Low (ATL): ¥– (July 31, 2017)
- BTC Correlation: 0.6
👉 Track BNB Price Live Updates
Understanding BNB Market Indicators
Market Capitalization & Circulating Supply
Global market dominance is calculated as:
$$
\text{Market Dominance \%} = \left( \frac{\text{BNB Circulating Market Cap}}{\text{Total Market Cap of Tracked Cryptos}} \right) \times 100
$$
Liquidity & Turnover Rate
The 24H turnover rate measures trading activity:
$$
\text{Turnover Rate \%} = \left( \frac{\text{24H Trading Volume}}{\text{Circulating Market Cap}} \right) \times 100
$$
Investment Performance
- ROI Since ICO: +4367.40x
- ATH Drawdown: Undefined%
BNB Price Trends & Historical Data
| Date | Open Price ($) | High ($) | Low ($) | Close ($) | 24H Volume ($) | Market Cap ($) |
|---|---|---|---|---|---|---|
| [Recent Date] | — | — | — | — | — | — |
Key Historical Milestones
- 30-Day High: ¥–
- 30-Day Low: ¥–
- 7-Day High: ¥–
- 7-Day Low: ¥–
👉 Compare BNB Across Exchanges
BNB Exchange Comparison
| # | Exchange | ExRank | Latest Price (¥) | 24H Volume | 24H Trading Value (¥) | Market Share | Update Time |
|---|---|---|---|---|---|---|---|
| 1 | Binance | 1 | — | — | — | — | — |
Frequently Asked Questions (FAQs)
1. What is Binance Coin (BNB) used for?
BNB is the native token of Binance, used for trading fee discounts, staking, and decentralized applications (dApps) within the Binance ecosystem.
2. Why is BNB’s price volatile?
BNB’s price fluctuates due to market demand, exchange developments, and broader crypto trends.
3. How does BNB compare to Ethereum or Bitcoin?
BNB is an exchange-based utility token, while Bitcoin is a store of value and Ethereum powers smart contracts.
4. Where can I buy BNB?
BNB is available on Binance, OKX, and other major exchanges.
5. What determines BNB’s market cap?
Market cap = Circulating Supply × Current Price.
6. Is BNB a good long-term investment?
While past ROI is strong, conduct independent research before investing.
This analysis provides a comprehensive view of BNB’s market performance. For deeper insights, explore live tracking tools and exchange comparisons.