NFT News by Thebittimes.Com

Cryptocurrency investors are constantly on the lookout for coins that show promise and potential for major gains. With Binance Coin ( BNB ) recently hitting a new all-time high (ATH), the focus has shifted to BNB -related plays that are gaining significant attention. In this article, we will explore three top coins to watch as BNB continues its impressive run: FLOKI, PancakeSwap (CAKE), and SPACE ID (ID). $ETH pumping ➜ ETH-Beta$SOL pumping ➜ SOL-Beta BNB is at an ATH, and only today have BNB -related plays gained significant attention. Until recently, BNB dapps' mindshare was near bottom, so BNB -Beta could also be starting a price discovery run. BNB -Beta watchlist •… pic.twitter.com/ZqP0uYjoMh — Layergg (@layerggofficial) June 5, 2024 Also read: Top 3 Meme Coins Other Than Shiba Inu To Buy For 10X Gains In 2024 FLOKI: The Top Meme coin on BNB FLOKI, the popular meme coin named after Elon Musk’s pet dog, has been surging. Currently trading ...

BNB struggles below $600, facing bearish pressure and uncertainties amid the Alex Protocol Bridge incident. Bitbot (BITBOT) emerges as an alternative, offering institutional-grade trading on Telegram. Bitbot (BITBOT) token is currently in its presale stage and it is priced at $0.018 per token. BNB price is struggling to regain momentum amidst uncertainties and the recent Alex Protocol Bridge suspicious withdrawals that rocked the BNB Smart Chain network. Meanwhile, Bitbot emerges as a potential alternative, promising innovative features and a new token. BNB price recovery in limbo amid Alex Protocol Bridge incident BNB’s journey towards recovery faces hurdles as it contends with bearish signals below the $600 mark. Despite attempts to breach resistance levels at $575 and $585, the token finds itself in a precarious position. The failure to clear the $600 resistance zone triggered a fresh decline, exacerbating concerns among investors. Compounding...

Solana (SOL) token has surpassed BNB from the Binance cryptocurrency exchange in terms of market capitalization. SOL’s capitalization reached $41.724 billion, and BNB’s capitalization was $41.721, according to CoinMarketCap. However, Solana’s trading volumes are more than three times higher than BNB’s in the last 24 hours. The price of SOL has increased by 78% over the month and by 15% in the last 24 hours amid rapid growth in market capitalization. On Dec. 20 the token overtook Ripple’s XRP in market capitalization and broke into the top 5 of the ranking. The growth of Solana’s price has caused an increase in interest in the ecosystem and activity on the blockchain. Source: CoinMarketCap The number of Google searches for “Solana” also increased by 250% from the beginning of October to the beginning of December. In addition to the network’s native token, other tokens issued on the Solana chain have also recently increased in p...

Community sentiment plays a crucial role in setting the landscape for a price rally. In terms of most searched assets on the cryptocurrency tracking platform CoinMarketCap, Bitcoin, Shiba Inu, has been a part of the top 10 list regularly. Other prominent assets like Dogecoin, Cardano, Fantom, and Floki Inu were a part of the 20-30 range. Nevertheless, one interesting trend stood out. HEX managed to grab a spot higher than Binance’s BNB token. Price-wise, the former registered higher gains than the latter on the daily, weekly, and monthly timeframes. Source: CMC Also Read: FTX Sends “Confidential Letters” Asking Politicians to Return Donations From the beginning of this year, HEX has inclined by a whopping 142.72%, while Binance’s BNB token has risen by only 35.56% in the same period. Nevertheless, HEX registered one red weekly candle, while BNB’s all-green streak record was intact at press time. HEX/USDT, BNB/USDT by TradingView Also Read: HEX up 44% F...

Changpeng Zhao ( CZ ), the CEO of Binance, recently confirmed in a tweet that it will fully acquire the FTX exchange. The same was also confirmed by Sam Bankman-Fried in one of his recent tweets. Both of the exchange CEOs have confirmed that they have come to an agreement on a strategic transaction. The shocking move is to solve the recent and significant liquidity crunch. Sam Bankman-Fried tweeted to his followers to inform them that the acquisition transaction has been set pending due diligence. The “strategic transaction”, according to SBF, will help reduce the backlog and protect customers. In light of this announcement, BNB spiked in price, with over $40 of gains after the news broke out. At the time of writing, BNB is trading at $376 with 12.81% gains in the last 24 hours, as per the data from CMC. BNB price spikes by $40 after the FTX acquisition announcement The whole cryptocurrency market was slumping, with Bitcoin trading below $20,000, and the...