January 18, 2023

BNB stifles despite BNB Chain’s burn of $600M worth of tokens

The BNB token has suffered from a significant decrease in market capitalization as well as investor confidence. This reflects the hurdles that the platform must overcome to become an influential financial instrument. The burn of $600 million worth of tokens is intended to reduce supply and increase demand, thereby driving up the price of BNB. […]


July 6, 2022

Should you buy Binance Coin at $215 as a support level?

On the 4-hour chart, the Binance Coin bulls have pushed prices up to $215 after a short bearish correction. This move has been accompanied by an increase in buying pressure as indicated by the Relative Strength Index. If this continues, the Binance Coin could test the $225 resistance level. Here are some key points: BNB […]


June 21, 2022

Despite stagnation, Binance Coin (BNB) could still hit $450

The price of Binance Coin (BNB) has been the same for the last week. It has not moved much, but there are still prospects for growth if it can break through two major barriers. Here are the key points: With this setup, Binance Coin (BNB) has significant upside potential. Before it can reach $450, the […]