The BNB token is emerging as a great performer even though the top crypto assets fell on 10 August.
With growing fears surrounding U.S. inflation news, Bitcoin lost a crucial $23k support albeit briefly.
The broader market followed suit which resulted in far more reds in the crypto market. However, the BNB token has shaken off the news after recording the lowest dip among the top 10 crypto assets.
BNB at press time was trading at $317.92 after falling by just 0.8% in the past 24 hours. This still put the weekly gains for the token at 9.2% according to CoinMarketCap.
And there’s more
Interestingly. Binance has been able to build a very strong ecosystem in the past few months. It is now the third biggest blockchain by NFT sales volume in the past 30 days.
After accumulating $16.9 million in the last 30 days, BNB ranked just below Ethereum and Solana. More so, the BNB network has two collections in the top 30 NFTs in the past week.
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