Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019
By CCN.com: Binance Coin (BNB) is the best performing crypto asset in the global market with the exception of cryptocurrencies that launched in 2019.
According to OnChainFX, BNB was the only crypto asset to achieve an all-time high this year since 2017 and it is down about 9 percent from its record high.
Binance coin is down only 9 percent from its all-time high. | Source: coinmarketcap.com
In contrast, bitcoin, which has performed relatively well throughout the past year, is down about 73 percent from its all-time high. Most ERC20 tokens in the market are down about 90 to 99 percent against the U.S. dollar.
Why Binance Coin (BNB) Appealed to Crypto Investors
Throughout the past year, especially in recent months, the Binance team has shown promising progress in the development of the Binance Chain mainnet and Binance Decentralized Exchange (DEX).
This month, the Binance Chain mainnet was released and several projects in the likes of Mithril already migrated to Binance Chain from Ethereum.
$MITH, the first ERC20 to Binance Chain token (BEP2) migration complete. Thank you for the support! https://t.co/vMcIDRjQ8Y
— CZ Binance (@cz_binance) April 25, 2019
