Bullish ExpectationsBinance coin has been rallying as expectations surrounding digital currency exchange Binance's new offerings push the cryptocurrency higher. Further, Binance fleshed out its plans to convert ERC-20 based BNB tokens for BEP2 BNB tokens, meaning that the new digital assets will follow specific standards designed for Binance Chain. Several analysts commented on how the optimism surrounding these new possibilities has helped push binance coin higher. "While Bitcoin is off 75% from its all-time-high, Binance Coin has recovered. There is fundamental growth and synergy taking place that is contributing to the rising price of Binance Coin."
Source: Forbes April 19, 2019 16:31 UTC