Summary
- Binance Coin (BNB) rose 6.61% compared to the previous day, attracting investors' attention.
- While the crypto market showed overall weakness, BNB continued to climb on its own.
- Binance Coin entered the top 3 by market capitalization, and increased network activity and collaboration news with Chainlink were cited as the drivers of the rise.
Binance Coin (BNB) has been drawing investors' attention as it continues its strong run.
As of 7:41 a.m. on the 8th (Korean time), Binance Coin was trading at $1,308 on Binance, up 6.61% from the previous day. This represents about a 30.59% increase compared with the previous week.
Despite the overall weakness in the crypto market that day, it continued to rise on its own. On that day, Bitcoin (BTC) fell 2.32%, and Ethereum (ETH) and XRP fell 3.97% and 4.23%, respectively. In particular, due to this rise, Binance Coin overtook Tether (USDT) and XRP in succession and climbed into the top 3 by market capitalization.
The drivers of Binance Coin's rise are cited as increased network activity and news of collaboration with Chainlink (LINK).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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