BNB - Logo
BNB
BNB
$571.45

Sector

CEX

Exchange Debut

2017-09-16

Market Cap

87,921,178,192

Maxim Supply

Circulating Supply

153,856,150

Circ. Supply(%)

BNB - Logo

BNB

BNB

Price

$571.45

Market Cap

Sector

Exchange Debut

87,921,178,192
2017-09-16

Volume 24h

High 24h

Low 24h

687490799
575.66969935277
554.75784143651

Change 24h

Change 7d

Change 30d

-0.3747
-0.214
-0.9753

Maxim supply

Circulating supply

Circulating supply(%)

153,856,150

The opinion of artificial intelligence (AI), based on the fundamental analysis of the BNB cryptocurrency:

 

In the burgeoning world of digital currencies, the BNB (Binance Coin) stands out as a thriving cryptocurrency with an impressive ecosystem. Akin to a cornerstone of the global Binary Finance landscape, BNB is central to numerous sub-projects under the expansive Binance umbrella. Considering our comprehensive fundamental analysis of the BNB cryptocurrency, this project has earned an admirable final score of 8.96 out of 10. The strong points of the project, notably the product utility, ecosystem development, and team and partners, contribute to this high rating, showcasing its robust value and potential.

SOCIAL & MASS MEDIA: Score 8.2 out of 10

The BNB project has exhibited a compelling performance in the realm of Social and Mass Media, achieving a score of 8.2 out of 10. The project’s aptitude for drawing in followers and maintaining active social media presence contributed to this high score. However, the score was slightly affected due to relatively low community activity on social media pages. By enhancing community engagement, BNB has the potential to strengthen its foothold in this aspect.

AUDIT & SECURITY: Score 9.23 out of 10

The fundamental analysis of the BNB cryptocurrency revealed robust performances in terms of Audit and Security, scoring an impressive 9.23 out of 10. Transparency of information, audit results, and liquidity on the exchange were deemed satisfactory, demonstrating Binance’s commitment to maintaining high standards of integrity and security.

TOKENOMICS: Score 6.35 out of 10

Tokenomics forms a crucial element in our fundamental analysis of the BNB cryptocurrency. While BNB’s score of 6.35 out of 10 signifies some room for improvement, the fairly centralized monetary mass is noteworthy. However, concerns surrounding inflation hampered the overall score.

ECOSYSTEM DEVELOPMENT: Score 9.92 out of 10

Ecosystem Development is where BNB truly shines with a score of 9.92 out of 10. The project’s success in achieving objectives and future development plans reaffirms the project’s potential for sustainable growth and adaptation in an evolving market.

TEAM & DEVELOPERS: Score 9.2 out of 10

The BNB team’s experience and the project’s numerous software developers attribute to its score of 9.2 out of 10. A skilled and dedicated team is integral to any project’s success, further consolidating BNB’s strong standing in our fundamental analysis of the BNB cryptocurrency.

PRODUCT & UTILITY: Score 10 out of 10

BNB garners a perfect score in Product and Utility. The utility of BNB in the Binance ecosystem and the tokens’ widespread utility underline the project’s effectiveness in delivering tangible value to its users.

PARTNERS & INVESTORS: Score 9.5 out of 10

In terms of Partners and Investors, BNB has managed to secure a high score of 9.5 out of 10. This score is attributable to the significant number of capable investors and quality partners associated with the project.

Fundamental analysis of the BNB cryptocurrency – The final conclusion

Following a comprehensive fundamental analysis of the BNB cryptocurrency, BNB emerges as a strong contender in the cryptocurrency landscape, with an impressive final score of 8.96 out of 10. With solid scores across most categories, BNB exhibits a strong balance between risk and potential return, demonstrating its potential as a viable investment option. BNB’s robust ecosystem, high-quality product, and the experienced team underline its potential to continue delivering value to its users and investors. Therefore, investors considering BNB as part of their portfolio should do so with an understanding of the cryptocurrency’s potential for sustainable growth and innovation. It’s worth noting that while there is room for improvement in tokenomics and community engagement, BNB’s overall standing remains strong. All potential investors should carry out their due diligence and carefully consider their risk tolerance before making any investment decisions.

What is BNB?

Introduction to BNB

BNB is an integral component of Binance, the largest global cryptocurrency exchange launched in July 2017. Binance, with the paradigm of Binary Finance, aspires to position cryptocurrency exchanges at the forefront of global financial activities. This ecosystem encompasses the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and numerous research projects.

BNB’s Uniqueness and Role

A fundamental analysis of the BNB cryptocurrency reveals its uniqueness within Binance’s decentralized, blockchain-based ecosystem. Binance has distinguished itself through continuous development since its inception as a crypto exchange in 2017. It now provides infrastructure services for the entire blockchain ecosystem, making BNB’s role pivotal.

BNB and Investor Interest

BNB witnessed significant price appreciation at the beginning of 2021, drawing substantial investor attention. Such growth can be attributed to Binance’s drive for development and the advantageous use of the token within its ecosystem.

Impact of BEP-95 on BNB

The implementation of measures like BEP-95 has further enhanced BNB’s value by making it more deflationary. Modeled after Ethereum’s EIP-1559, this proposal reduces gas fees on the Binance Smart Chain and increases decentralization through network fee burning. This measure has bolstered Binance’s reputation, even in the face of protocol exploits on its Binance Smart Chain.

fundamental analysis of the BNB cryptocurrency

BNB - BNB performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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