BNB Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
BNB (CRYPTO: BNB) has seen a 5.12% price increase over the past 24 hours to $250.58, despite a 1.0% decline over the past week. The coin's all-time high is $686.31. Trading volume has decreased by 47.0%, while circulating supply has increased by 0.27% to 153.86 million, representing 76.93% of the max supply. BNB's market cap is currently ranked #4 at $38.59 billion.
December 19, 2023 | 3:00 pm
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BNB has experienced a significant price increase of 5.12% in the last 24 hours, reaching $250.58, with a market cap ranking of #4 at $38.59 billion.
The recent price increase of BNB over the past 24 hours is a positive signal for short-term momentum, potentially attracting more investors. However, the decrease in trading volume could indicate less trading interest or consolidation. The increase in circulating supply may have a dilutive effect, but the market cap ranking suggests strong market positioning.
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