Binance's CZ Boasts About BNB's Most Recent Achievement
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As noted by Binance CEO Changpeng Zhao, BNB, the native token of the Binance ecosystem, has managed to reach a new high against Bitcoin, the world’s largest cryptocurrency. Earlier this Thursday, the cryptocurrency reached a new peak of 1,335 satoshies.
BNB is vastly outperforming Bitcoin despite the fact that there is risk-off sentiment. The BNB/BTC pair is now up a whopping 64% from its May 12 low of 812 satoshies. BNB remains the fifth-biggest cryptocurrency by market capitalization. It is currently valued at $49 billion. The cryptocurrency is currently trading at $304.
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