The exchange's darling Binance Binance Coin - currently the 6th largest cryptocurrency on the market (at one point 4th) by market cap is about to break the $ 200 mark.
Binance Coin (BNB) saw its second major bull run in February, hitting a new all-time high at $ 2. In the past 195 days, BNB has increased by 7 USD from 75 USD to 120 USD.
Also, a 42% gain on Feb. 18 is now mean price BNB has more than quadrupled in February alone, with a year-to-date increase of over 413%.
The current bull run has helped BNB break through the crypto market cap according to CoinMarketCap, at one point when the coin reached the 4th place, several times beating ADA and DOT.
During the day, BNB has also hit a record for trading volume. According to data on Coingecko, the past 24-hour BNB volume was at $ 8,3 billion at the time of writing, significantly higher than the $ 7,52 billion set in the previous all-time high. on February 10.
After overcoming the resistance of $ 150, many analysts have commented that "the next $ 200 mark is not a huge barrier", BNB will surely cross this level with ease.
Cointelegraph's Osato pen said that with BNB's current momentum nothing can stop him, he thinks BNB will approach the upper target in the next few days at $ 267.
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