{"id":496240,"date":"2022-07-20T13:25:48","date_gmt":"2022-07-20T13:25:48","guid":{"rendered":"https:\/\/wncen.com\/?p=496240"},"modified":"2022-07-20T11:31:40","modified_gmt":"2022-07-20T11:31:40","slug":"binance-coin-trading-volume-up-35","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binance-coin-trading-volume-up-35\/","title":{"rendered":"Binance Coin Trading Volume Up 35% As BNB Spikes To $274"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Binance Coin (BNB) is currently inching towards the $275 level. The bulls are expected to likewise push harder and selling pressure should go back to normal in the next 24 hours. Are we seeing a major rebound in the next couple of hours?<\/span><\/p>\n<p><span style=\"font-weight: 400\">The crypto market has been predominantly strong over the last 24 hours. Everything is looking green for the crypto space. The king of crypto, Bitcoin was up by 6.77%, Ethereum gained 6.2%, while other major altcoins are flourishing. <\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB\/USD has extreme volatility seen in the last 24 hours, trading in the range of $255 to $275 or a trading volume increase of 34.46% or a total of $1.934 billion.<\/span><\/p>\n<p style=\"text-align: center\"><strong><em>Suggested Reading | <a href=\"https:\/\/wncen.com\/news\/dogecoin-shows-signs-of-vigor\/\">Dogecoin Shows Signs Of Vigor \u2013 DOGE Target Of $0.075 Within Range<\/a><\/em><\/strong><\/p>\n<h2><b>Binance Coin At No. 5<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Binance Coin, the utility token of popular crypto exchange Binance, currently ranks at the 5<\/span><span style=\"font-weight: 400\">th<\/span><span style=\"font-weight: 400\"> place with a total market cap trading at roughly $44.2 billion.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB has been displaying a stronger performance since the middle of last week; which made it break the resistance level at $245. BNB rallied further, reaching the $274 resistance level; with no downsides seen.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB\u2019s trading volume has increased to as much as 65% since last week which moves in tandem with the rest of the other coin supplies which has also gained 0.06% so far which wraps up the overall circulating supply to as much as 163.28 million, which is around 98.89% of the total supply of 165.12 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Bitcoin is currently trading at roughly $23,229. Comparatively, Binance Coin seems to have gained more compared to Bitcoin. As of this writing, BNB was trading at <a href=\"https:\/\/www.coingecko.com\/\" rel=\"nofollow\">$269.21<\/a>, up 22% in the last seven days.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/6aytoffo\/\" width=\"1825\" height=\"871\"><\/p>\n<pre style=\"text-align: center\">BNB total market cap at $43.7 billion on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<h2><b>The Rarity And Exclusivity of BNB<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Launched in 2017, the Binance Coin has that air of exclusivity making it extremely valuable. You can\u2019t trade or find BNB in all exchanges making it an &#8220;elusive&#8221; coin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">More so, the BNB supply is limited specifically with the unique <\/span><i><span style=\"font-weight: 400\">coin burning<\/span><\/i><span style=\"font-weight: 400\"> process that Binance Coin has. Binance burns or destroys 50% of the total coin supply or equivalent to 100 million coins every quarter which further bolsters it value. It leverages on the law of supply versus demand.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB has been flipping resistance levels and continuing to its momentum. Despite the SEC issues that BNB has been facing or the risk of the coin being delisted, Binance Coin remains to be the 5<\/span><span style=\"font-weight: 400\">th<\/span><span style=\"font-weight: 400\"> largest coin in terms of market cap.<\/span><\/p>\n<p style=\"text-align: center\"><strong><em>Suggested Reading |\u00a0<a href=\"https:\/\/wncen.com\/news\/solana-adds-70-more-shine\/\">Solana Adds 70% More Shine \u2013 Can SOL Keep The Light Coming?<\/a><\/em><\/strong><\/p>\n<pre style=\"text-align: center\">Featured image from Forkast News, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Binance Coin (BNB) is currently inching towards the $275 level. The bulls are expected to likewise push harder and selling pressure should go back to normal in the next 24 hours. Are we seeing a major rebound in the next couple of hours? The crypto market has been predominantly strong over the last 24 hours. Everything is looking green for the crypto space. The king of crypto, Bitcoin was up by 6.77%, Ethereum gained 6.2%, while other major altcoins are flourishing. BNB\/USD has extreme volatility seen in the last 24 hours, trading in the range of $255 to $275 or a trading volume increase of 34.46% or a total of $1.934 billion. Suggested Reading | Dogecoin Shows Signs Of Vigor \u2013 DOGE Target Of $0.075 Within Range Binance Coin At No. 5 Binance Coin, the utility token of popular crypto exchange Binance, currently ranks at the 5th place with a total market cap trading at roughly $44.2 billion.\u00a0\u00a0 BNB has been displaying a stronger performance since the middle of last week; which made it break the resistance level at $245. BNB rallied further, reaching the $274 resistance level; with no downsides seen. BNB\u2019s trading volume has increased to as much as 65% since last week which moves in tandem with the rest of the other coin supplies which has also gained 0.06% so far which wraps up the overall circulating supply to as much as 163.28 million, which is around 98.89% of the total supply of 165.12 million. Meanwhile, Bitcoin is currently trading at roughly $23,229. Comparatively, Binance Coin seems to have gained more compared to Bitcoin. As of this writing, BNB was trading at $269.21, up 22% in the last seven days. BNB total market cap at $43.7 billion on the daily chart | Source: TradingView.com The Rarity And Exclusivity of BNB Launched in 2017, the Binance Coin has that air of exclusivity making it extremely valuable. You can\u2019t trade or find BNB in all exchanges making it an &#8220;elusive&#8221; coin. More so, the BNB supply is limited specifically with the unique coin burning process that Binance Coin has. Binance burns or destroys 50% of the total coin supply or equivalent to 100 million coins every quarter which further bolsters it value. It leverages on the law of supply versus demand. BNB has been flipping resistance levels and continuing to its momentum. Despite the SEC issues that BNB has been facing or the risk of the coin being delisted, Binance Coin remains to be the 5th largest coin in terms of market cap. Suggested Reading |\u00a0Solana Adds 70% More Shine \u2013 Can SOL Keep The Light Coming? Featured image from Forkast News, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":496250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83379,3],"tags":[10768,13291,11427,1144,6664,65296,8686],"class_list":["post-496240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance-coin","category-news","tag-binance","tag-binance-coin","tag-bnb","tag-btcusd","tag-crypto","tag-ethbtc","tag-ethusd"],"acf":[],"yoast_head":"\n<title>Binance Coin Trading Volume Up 35% As BNB Spikes To $274<\/title>\n<meta name=\"description\" content=\"Binance Coin (BNB) is currently inching towards the $275 level. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance Coin Trading Volume Up 35% As BNB Spikes To $274","url":"http:\/\/wncen.com\/news\/binance-coin-trading-volume-up-35\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/binance-coin-trading-volume-up-35\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Binance.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Binance.png?fit=764%2C508"},"articleSection":"Binance Coin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance coin","bnb","btcusd","crypto","ethbtc","ethusd"],"dateCreated":"2022-07-20T13:25:48Z","datePublished":"2022-07-20T13:25:48Z","dateModified":"2022-07-20T13:25:48Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance Coin Trading Volume Up 35% As BNB Spikes To $274\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin-trading-volume-up-35\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/binance-coin-trading-volume-up-35\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Binance.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Binance.png?fit=764%2C508\"},\"articleSection\":\"Binance Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance coin\",\"bnb\",\"btcusd\",\"crypto\",\"ethbtc\",\"ethusd\"],\"dateCreated\":\"2022-07-20T13:25:48Z\",\"datePublished\":\"2022-07-20T13:25:48Z\",\"dateModified\":\"2022-07-20T13:25:48Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/07\/Binance.png?fit=764%2C508","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/496240"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=496240"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/496240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/496250"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=496240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=496240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=496240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}