Token of the Day : (Binance)
This Tuesday I will highlight the Binance cryptocurrency, which has found a balance in recent days, while its project is growing steadily.
Binance is one of the fastest growing exchanges in the cryptocurrency market, the growing popularity of Binance is due to multiple factors, from the acceptance of multiple languages, having a clean user interface and most notably, an extremely high performance ( data processing speed).
Binance not only stays in exchange but also is an incubator and / or accelerator of blockchain-related projects that seek funding through an ICO, where you can invest, if desired, with the Binance tokens, known as the BNB
The Binance Token, BNB, has been negotiated since the end of July 2017, with an initial price of US $ 0.10, reached its historical maximum at US $ 23.60 last month.
At the time of writing this report, the BNB Token is negotiated around US $ 10, an interesting value to buy thinking about the potential of Binance in the future.
In the graph below you can see how in the last BNB has managed to stabilize at 10 dollars.
The challenge ahead Binance is to be able to continuously enter a large number of users, with the aim of avoiding temporary failures like the ones he had a few days ago.
Binance is ranked 27th in the cryptocurrency ranking, with a market capitalization of more than US $ 1,050 million.
The BNB Token can be traded in the same exchange Binance , or in EtherDelta .
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