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Binance Coin (BNB) Market Cap Hits $100 Billion and a new All-Time High.
In the wake of Binance's $100 billion market cap, BNB's price jumps to $654 an all-time high. The cryptocurrency continues its rally, publishing another all-time high, following Ethereum's example.
Binance BNB, the native token of the Binance exchange that powers Binance Smart Chain, has actually skyrocketed to a new historic high, going beyond the $654 price level.
BNB has actually been valued at $100 billion, but this level of market capitalization does not qualify it for the leading 100 list with the biggest market capitalization; the 100th location is held by Charter Communications with a $144.97 billion worth.
Next in line are Shell and Shopify, bringing in $145.52 billion and $146.94 billion, respectively.
BNB's price rose to $641 on Saturday, May 1 after it announced the launch of its own market for non-fungible tokens in June, according to a report from previously this week.
BNB's market capitalization increased $2 billion to $97,102,482,232 that day.
It deserves noting that Ethereum likewise reached an all-time high on the very same day, and it has now surpassed that high a second time to reach $3,500.
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