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BNB

BNBUSD
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717.400

-7.500-1.03%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-1.01%

5 Days

-2.79%

1 Month

+18.65%

6 Months

+10.01%

Year to Date

-16.91%

1 Year

-22.57%

Key Data Points

Opening Price

723.600

Previous Closing Price

724.900
Price Range of the Day
712.200723.600
52-Week Price Range
535.3001371.300
BNB (BNBUSD) Suddenly Goes down 1.22% on Sep 13: What's Driving This

• Macro caution and inflation data drove broader digital asset and BNB declines. • BNB faced resistance, profit-taking, and a modest contraction in derivatives open interest. • Network activity remained solid alongside expanding institutional participation in tokenized real-world assets.

TradingKeySun, Sep 13
BNB (BNBUSD) Is up 1.11% on Sep 11: What Do On-Chain Data and Market Sentiment Show?

• BNB momentum reflects technical recovery, liquidity improvements, and Layer-1 capital rotation. • Ecosystem upgrades and cross-chain integrations drove strong buy-side demand and volume. • Derivatives expansion and spot accumulation supported the recent upward price movement.

TradingKeyFri, Sep 11
BNB (BNBUSD) Is down 1.41% on Sep 10: What Do On-Chain Data and Market Sentiment Show?

• BNB fell due to macro tightening, rising yields, and broad risk aversion. • Derivatives liquidations and thin liquidity amplified the downward price pressure. • Despite short-term volatility, on-chain metrics and real-world asset tokenization remain robust.

TradingKeyThu, Sep 10
BNB (BNBUSD) Suddenly Goes up 1.35% on Sep 8: What You Need to Watch

• BNB capital inflows rose from network utility and ecosystem upgrades. • Derivatives short positioning clearance triggered liquidity-driven buying above consolidation bands. • MACD indicates a buy signal with RSI at neutral conditions.

TradingKeyTue, Sep 8
BNB (BNBUSD) Is down 1.04% on Sep 7: Key Drivers to Watch

• Short-term profit-taking and derivative deleveraging caused the modest intraday BNBUSD decline. • On-chain metrics remain steady with ongoing token burns and user engagement. • MACD and Williams %R indicate buy signals with a neutral RSI.

TradingKeyMon, Sep 7
BNB (BNBUSD) Fluctuated Significantly on Sep 6: Key Variables Behind the Move

• BNB experienced profit-taking consolidation after a sharp multi-day price rally. • Strong US labor data and tighter liquidity caused cautious risk sentiment. • Technical indicators show a buy signal alongside an overbought condition.

TradingKeySun, Sep 6

BNB Technical Analysis

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Technical Indicators

Sell

Summary

Neutral

Moving Average

Buy

More Details of BNB

Launched in July 2017, Binance is the world's largest cryptocurrency exchange by daily trading volume. It aims to position cryptocurrency exchanges at the forefront of global financial activity. The name "Binance" is derived from "Binary Finance," reflecting this new paradigm in global finance. Beyond its exchange services, Binance has developed a comprehensive ecosystem for its users. This includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects, all leveraging blockchain technology to advance modern finance. Binance Coin (BNB) plays a crucial role in the successful operation of many of these sub-projects.

What makes BNB unique?

BNB is unique because it is part of a broader Binance ecosystem that includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects. BNB powers many of these Binance sub-projects, making it an integral part of the Binance network. Binance's drive for continuous development and its status as the leading crypto exchange in multiple countries give it a significant competitive advantage. Measures like the BEP-95 upgrade, which made BNB more deflationary by burning a portion of the fees on Binance Smart Chain, have also contributed to BNB's uniqueness.

Who launched BNB?

BNB was launched in July 2017 by Binance, the largest cryptocurrency exchange globally based on daily trading volume. The founders of Binance are Changpeng Zhao, who serves as the CEO.

Why is BNB burned?

BNB has an auto-burn mechanism, where Binance periodically burns a portion of the total BNB supply to create a deflationary effect and sustain the value of the digital asset. This is similar to Ethereum's famous EIP-1559 proposal, which also introduced a fee-burning mechanism. The BNB auto-burn is part of Binance's efforts to maintain the scarcity and value of the BNB token. By permanently removing BNB from circulation, the overall supply is reduced, which can potentially lead to price appreciation. This deflationary mechanism is designed to benefit BNB holders in the long run.

BNB

717.400
-7.500-1.03%
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