Observing the charts, days after these listings the coin characteristically jumped in value. Livecoin listed BNB on March 21 and Bitrue on March 28.
As a utility token for the world’s biggest exchange, the more freely it can be traded the better, it would seem. Three further cryptocurrency exchanges listed BNB over the first few months of the year. Over the last quarter, Binance Coin has grown from $5.92 to over $17, a near 200-percent increase in the space of three months. The last day of the quarter was also the day that BNB saw its highest price for the whole opening quarter. This trend continued strongly into March, and the coin saw a further 55-percent growth, jumping from $11.46 to $17.47. End of Q1 Binance Coin performance review Across this month, the exchange token saw 57-percent growth, increasing from $6.17 to $10.34 over the remainder of the month. Indeed, that is nothing to shout about but Binance Coin also hasn’t thrown up any surprises, and it showed positive growth in a period where most other cryptocurrencies were faltering.įebruary was a much better month, and again BNB showed a strong upward trend with no negative surprises to report on. By the end of January it had grown a very conservative 5 percent to $6.17. Credit: eToro Binance Coin Q1 performance reviewīNB opened the year from where it left 2018 at $5.92.
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It set the perfect example for how to start a year, opening from its disappointing end in 2018 and showing nothing but growth. If only all cryptocurrencies and tokens performed like Binance coin. BNB wasn’t strong enough to resist the bear market though, over the last two weeks of November its value dropped swiftly, by around 40 percent, from $9.45 to $5.61.
Binance Coin 2018 performance reviewīinance Coin remained uncharacteristically stable – as far as tokens go – for the main portion of the year. This would be the highest price BNB would see all year. Binance coin 2018 recapīNB got off to a good start in 2018, it opened the year at just under $10.00 and rose up to $24.46 by the second week of January but following a market correction, it dropped nearly 30 percent in the following 24 hours. Given the size and popularity of Binance, BNB has continued to grow as one of the most valuable cryptocurrencies available today. Even though BNB is native to Binance, it can also be traded on other market places like Bancor, IDEX, and Gate.io. If you want to get your hands on some you’ll have to buy it through an exchange. BNB cannot be mined, as it was all premined during Binance’s initial offering.
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