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Home»ADOPTION NEWS»BNB token surpasses $700 and its price reaches a new all-time high.
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BNB token surpasses $700 and its price reaches a new all-time high.

By Crypto FlexsJune 5, 20242 Mins Read
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BNB token surpasses 0 and its price reaches a new all-time high.
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Exchange • June 4, 2024 11:42 PM EDT

Posted 1 minute ago In ~

price BNB

+10.96%
It hit a new all-time high late Tuesday.

The token is said to have risen more than 11% in the last 24 hours, reaching a high of $701 at the time of writing. The Block Pricing Page. The previous high for the BNB token was in May 2021, when the token was briefly worth around $690.

In terms of trading volume, approximately $3.3 billion worth of BNB was traded in the last 24 hours. The token’s current market capitalization is $107.2 billion.

BNB’s rally was fueled by the popularity of Binance Launchpool. The platform requires users to hold and stake BNB to participate in new token offerings. On the world’s largest cryptocurrency exchange.

BNB price chart | Source: The Block

Binance Launchpool last month declared support In the case of Notcoin, the exchange claimed to be the first platform to list the token. Notcoin, which can be obtained from Web3 games in Telegram, has accumulated a market capitalization of $2.2 billion since its launch.

Meanwhile, the value of Bitcoin has also risen 2.89% over the past day, surpassing $71,000, while most other altcoins are also in the green.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

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