Keywords and tags that could be used to describe Binancecoin: binance, discount.
A bull trend appears to be in motion, at least on a 20 and 50 day basis. Price is above its 20 day moving average. Binancecoin has a market capitalization of approximately 1.3 billion US dollars. That’s large relative to the Ethereum tokens SixJupiter tracks. In terms of volatility, it’s relatively more volatile than most tokens of a similar market capitalization, so make sure you are emotionally ready for that. 🙂
Binancecoin currently has approximately 303885 wallets, with the average weekly growth rate in number of wallets being 0.13% for each week over the past 4 weeks. As for transactions, the weekly growth rate there has been about 0.59%. Both its growth rate in wallets and in blockchain-recorded transactions are below average relative to other tokens of a similar market capitalization.
The current available supply for Binancecoin is 129.18 million, while the total supply is 189.18 million. This means 68.28% of Binancecoin’s total supply, as currently defined, has been made public. To help put that in perspective, about 0% of tokens in the SixJupiter Index with a similar market capitalization have a larger percentage of their total currency unavailable. Both Binancecoin’s available supply and total supply have increased over steadily over the past four weeks, but its available supply is growing much faster than its total supply — so the dilution risk has been declining.
Unfortunately, we were not able to access the Twitter of this token, so we do not have any insight into the size and nature of its social media following.