Imagine a coin that fuels a massive cryptocurrency exchange, powers its own blockchain, and even lets you invest in hot new crypto projects. That's the story of BNB coin, a digital asset that's gone from humble beginnings to a major player in the crypto world.
In 2017, Binance, a fledgling crypto exchange, launched BNB to give users a discount on trading fees. It was a win-win: users saved money, and Binance gained traction. But BNB's ambitions grew bigger.In 2019, Binance unveiled its own blockchain, the Binance Smart Chain (now BNB Chain), and BNB became its native currency. This opened up a new world of possibilities, allowing users to build decentralized applications (dApps) and participate in a growing ecosystem.BNB's rise has been nothing short of meteoric. Its price has soared, and it's now one of the world's most valuable cryptocurrencies.
Launched at $0.10 during its ICO, BNB's price has soared, reaching an all-time high of $717.48 in June 2024. That's a nearly 7,200x return on investment! Even though it's currently down from its peak, BNB remains a major player in the crypto world
With its utility and strong backing, BNB's story is far from over.
