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

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Wed, 6/02/2019 - 9:12
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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.

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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

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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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