On paper, Binance Coin (BNB) appears to be the most successful digital currency ever released by a cryptocurrency exchange. For starters, BNB has been trading well above the $15 mark for more than six months now despite the market at large being faced with insane bearish conditions all through 2019. Additionally, many pundits believe that as long as Binance continues to do well as an exchange, the BNB token will continue to possess considerable value.
Lastly, it should also be highlighted that while many people view BNB as an excellent investment channel, there are also those people who employ BNB because they regularly trade high volumes on Binance and want to cut down on their peripheral costs (such as tx fees, gas fees, etc).
- All-time High (ATH) Value: :$39.10
- Market Debut: July 2017
- 2019 High: $39.08
- 2019 Low: $5.90