Despite suffering from a sizable hack, Binance’s token Binance Coin (BNB) has been doing extremely well – even hitting an all-time high value that is just under $30. The token is priced at $28.03 at the time of publishing.
The Binance Coin’s value has steadily been rising since the start of 2019 and has been one of the best performers on the market. This may partially be attributed to the fact that Binance has made several improvements to its platform, with the release of such things as the Binance DEX, Binance Chain, and Binance Launchpad.
BNB has experienced a 273% increase in value over the past 90 days and is the best performer among the top 50 coins, and there has been some discussion as to whether it can break into the top 5 tokens. It is currently 7th.
