Here is some information about the Binance Coin (BNB) ¹ ²:
*History:*
- Binance Coin was originally launched as an extension of the (link unavailable) trading platform, the world's most used cryptocurrency exchange.
- BNB was launched through an Initial Coin Offering (ICO) from June 26 to July 3, 2017.
- The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB.
- BNB initially functioned on the Ethereum blockchain network as an ERC-20 token.
- In 2019, BNB moved away from the Ethereum network and migrated to Binance's self-developed blockchain, Binance Smart Chain (BSC), now called BNB Chain.
*Price per year:*
- 2017: The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB.
- 2021: The price of BNB grew by 50 percent in late 2021, with a peak value of around $600.
- 2022: BNB's price was much lower than in 2021, but it ranked in the top 10 most expensive cryptocurrencies.
- 2024: On April 22, 2024, a single BNB coin was worth more than $605.58.#BinanceMegadrop #BTC #bitcoinhalving $BNB #write2earn🌐💹