The CEO of Binance shared his thoughts on Twitter about BNB hitting ATH.\u00a0<\/p>
The Binance coin(BNB) which fuels the Binance ecosystem, pays gas fees and can also be used to avail real-world services. Due to this wide range of applications, the investors poured in and started investing in the February Bull markets.<\/p>
Binance Coin(BNB) Price Analysis<\/h2>
Binance coin is trading at $400 as per CoinMarketCap data on April 8, 2021. BNB boasts a Market capitalization of $61,950,886,540, with $5,916,226,706 worth volumes traded in the last 24 hours. The trading volumes increased by 4% compared to the previous trading session.\u00a0<\/p>
The BNB price is holding at the $400 level and is currently in an ascending Parallel Pattern. It may experience selling pressure and could drop below to support at $386 and $372 levels, which are expected to provide good support.\u00a0<\/p>