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Binance Coin Breaks Into Top-10, Tron Gets Blue Tick on Facebook

Wed, 02/06/2019 - 09:12
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Yuri Molchan
Binance’s native token speeds up, making it to the list of top ranking assets, Justin Sun negotiates with Facebook to avoid Tron scams
Binance Coin Breaks Into Top-10, Tron Gets Blue Tick on Facebook
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On Wednesday, Feb.6, Coinmarketcap amazed the community by showing that BNB (Binance Coin) has jumped over two positions to land on spot #10, pushing Cardano (ADA) and Bitcoin Cash SV (BCHSV) aside. Presently, BNB shows a rise by 14.35 percent.

Coinmarketcap

BNB joins the top-10 club

This morning, as per Coinmarketcap, the native token of Binance (BNB) has taken position #10 on the top-100 list. The coin is trading at $8.09. Its trading volume totals $117 625 091, which exceeds that of Bitcoin Cash SV – $60 385 384 – and even that of Stellar Lumens (XLM) – $108 685 226 – despite the fact that XLM is in spot #9.

The reason behind BNB’s sudden advance is most likely the recent success of the BTT ICO on Binance Launchpad and recent overall success of Tron, experts believe.

Related
Coinbase Has More US Traders Than Other Top Exchanges Combined

Facebook verifies Tron Foundation account

Due to the numerous scams based on TRX that have been spreading on Facebook, the management team of the Tron Foundation has negotiated with Mark Zuckerberg’s platform to obtain verification by getting the blue tick. This is expected to protect Tron holders and give Facebook another positive point.

Considering its recent interest in blockchain and crypto, the purchase of the DLT startup Chainspace, and Facebook’s intention to make its own stablecoin for WhatsApp transfers, this may be another step confirming Zuckerberg’s intention to embrace cryptocurrencies.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.