BNB Price Alert for March 19: Riding High After Flipping Solana in DEX Trading
- Binance’s BNB token outperformed the top 10 crypto coins in the past week, soaring 18%.
- BSC dominates DEX volume at $2.61 billion as of March 18th, surpassing ETH and SOL.
- Crypto analyst sees BNB soaring to $1,000 in the short term and $5,000 by the end of the cycle.
Binance’s BNB token has surged a massive 18% over the past week, currently trading around $630.85 and outperforming the top 10 cryptocurrencies. It even reached a weekly high of $640.42, according to CoinMarketCap data.
This increase follows Binance co-founder Changpeng Zhao’s investment in the BNB Chain-based Mubarak (MUBARAK) meme coin, leading to a notable jump in Binance Smart Chain (BSC) decentralized exchange (DEX) trading volume.
How Does BNB Chain’s DEX Volume Stack Up?
As of March 18, BSC’s DEX volume stands at $2.61 billion, exceeding Ethereum ($1.336 billion) and Solana ($1.219 billion). Over the past week, BSC recorded $5.154 billion in DEX volume, significantly outpacing Ethereum ($…
The post BNB Price Alert for March 19: Riding High After Flipping Solana in DEX Trading appeared first on Coin Edition.
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BNB Price Alert for March 19: Riding High After Flipping Solana in DEX Trading
- Binance’s BNB token outperformed the top 10 crypto coins in the past week, soaring 18%.
- BSC dominates DEX volume at $2.61 billion as of March 18th, surpassing ETH and SOL.
- Crypto analyst sees BNB soaring to $1,000 in the short term and $5,000 by the end of the cycle.
Binance’s BNB token has surged a massive 18% over the past week, currently trading around $630.85 and outperforming the top 10 cryptocurrencies. It even reached a weekly high of $640.42, according to CoinMarketCap data.
This increase follows Binance co-founder Changpeng Zhao’s investment in the BNB Chain-based Mubarak (MUBARAK) meme coin, leading to a notable jump in Binance Smart Chain (BSC) decentralized exchange (DEX) trading volume.
How Does BNB Chain’s DEX Volume Stack Up?
As of March 18, BSC’s DEX volume stands at $2.61 billion, exceeding Ethereum ($1.336 billion) and Solana ($1.219 billion). Over the past week, BSC recorded $5.154 billion in DEX volume, significantly outpacing Ethereum ($…
The post BNB Price Alert for March 19: Riding High After Flipping Solana in DEX Trading appeared first on Coin Edition.
Read More