Binance Coins follows in the footsteps of bitcoin as it rises in value, thereby ranking higher and becoming the 3rd most valuable cryptocurrency there is.
Binance coin has seen its value increase in recent times to $40M following in the footprints of bitcoins.
The Cryptocurrency exchange coin, Binance has risen in eminence to become the third-ranked and most valuable digital currency beside only bitcoin and Ethereum.
But bitcoin perhaps wasn’t even the biggest story this week in digital-asset markets. Binance coin (BNB), the in-house token from the similarly named cryptocurrency exchange, has soared this month to a $40 billion market capitalization, ranking it third among all digital assets behind bitcoin and Ethereum’s ether (ETH).
In traditional markets, European shares rose and U.S. stock futures pointed to a higher open. Gold slid 0.2% to $1,772 an ounce.
CoinDesk
Cryptocurrencies continue to surge higher each day and their growth continues to underline how much the capital market is changing rapidly. While Bitcoin and Ethereum lead the race of digital currencies, Binance clearly does not intend to watch this pair but has today dragged the attention of digital money investors to itself.