Coins on BNB Chain, Dogecoin, BNB fall

BNB Chain Token Price This Week:

What is BNB Chain?

BNB chain, build-in-build, is a distributed blockchain network that enables to build of decentralized apps on it. According to data from October 2022, It is considered one of the largest blockchains in the world in terms of transaction volume and daily active users. The decentralized nature means that it is not controlled by any individual, authority, or entity. There are also no middlemen in the process, making it swift and cheap. 

Updates of BNB Chain Tokens:

After recording a tough Monday and trading in red for an almost entire month, cryptoverse has been showing recovery. Crypto price have been recovering this week. However, the coins on BNB Chain are showing opposite figures. Most of the important coins of the chain have fallen down and are currently trading in red.

As of writing, Dogecoin has recorded a fall of 2.76%. BNB and Polkadot are down by 0.82% and 0.46% respectively. Chrono.tech has plunged by double digits, 13.97%.

Tether has almost seen no rise or fall and is trading in green with 0.02%.

The biggest gainer in the last 24 hours is Alpaca Finance with a double-digit pump of 14.14%. Synthetic is up by 2.89%.

The BNB Chain market cap has decreased by 0.48% and stands at 199.75 billion USD. Trading volume has increased by 2.05% and stands at 40.85 billion USD.

Dogecoin (DOGE)

Dogecoin was trading in green this week, however, it has plunged down by 2.76% Its token is currently trading at 0.1029 USD. The market cap has gone down by 3.70% making it 136.39 USD. The trading volume has been downwards by 16.58%.

Source: coinmarketcap

BNB (BNB)

BNB has been trading at 298.99 USD per token, a low of 0.82% from the previous day. The market cap for BNB stands at 478.82 billion USD, a decline of 0.98%. However, the volume has increased by 7.98% and is 105.79 billion USD.

Source: coinmarketcap

Polkadot (DOT)

DOT token is costing 5.38 USD, which is a setback of 0.46%. The market cap has fallen by 0.63% and is presently 613.41 billion USD. Trading volume has decreased by 4.89%. The circulating supply is 1.14 billion DOT.

Source: coinmarketcap

Alpaca Finance (ALPACA)

Alpaca’s every token is selling at 0.2771 USD, a jump of 14.14%. It is the highest gain on the BNB Chain in the last 24 hours. The market cap has increased by 13.96% and stands at 39.90 billion USD. Trading volume has hiked by 948.05%.

Source: coinmarketcap

Crypto prices this week have been on a growth, yet, BNB chain currencies are recording a dip.

Shourya is a crypto fanatic who has developed interest in Business Journalism in the past few years. Currently, working as a writer with Coingape, Shourya is also an avid reader. Apart from writing, you can find her attending poetry shows, exploring cafes and watching cricket. As she says, “dogs are my home,” her first rescue of a dog was at the age of 7! She has constantly been speaking up for mental health and the rainbow pride.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.