Binance Coin (BNB) to Reach New All-Time High This Month
Despite a price correction taking place for a host of digital assets, Binance Coin (BNB) is set to reach a new all-time high this month. Indeed, the token issued by the Binance cryptocurrency exchange is closing in on its record high of $686, according to CoinGecko . The asset breached the $600 level on Saturday as it closed in on the mark.
BNB, the third-largest coin by market cap, is up more than 66% over the last 30 days. Additionally, the cryptocurrency has enjoyed a surge of almost 22% over the last week alone. Currently, the asset is trading at $591.88 and is just 16% away from reaching the coveted milestone.
BNB Nearing All-Time High After March Surge Over the last several weeks, the digital asset market has been flourishing. Indeed, it has followed Bitcoin’s lead throughout the month. The asset reached a new all-time high in March, surpassing $73,800 on the 14th . Although a plethora of tokens have been corrected in recent days, one cryptocurrency is well on its way to joining the 2024 ATH club.
The Binance coin (BNB) is poised to reach a new all-time high mark this month on top of a notable 30-day rally. Indeed, BNB has been up more than 66% over that time. On Saturday, that asset briefly surpassed $600 and is inching ever closer to the record figure of $686.