For all users inside and outside of the crypto world, Bitcoin is the largest representative of cryptomonies. The first virtual coin, designed by Satoshi Nakamoto eleven years ago, has over the years become the image of Blockchain technology. However, despite the immense increase in its price, BTC has not been the cryptoactive with the best performance. Well, as Altcoin Buzz comments in the Tweet of the Day, BNB has performed better than Bitcoin in recent years:
Changpeng Zhao gives his assessment of the last 3 years of Binance
The advance of BNB and Bitcoin
There has been a lot of progress in the crypto market in recent years, especially when it comes to emblematic cryptosystems such as Bitcoin. It has exponentially increased its price, as well as its market capitalization, to become one of the most quoted financial assets in the world.
However, there is a small group of crypto-currencies within the market, which have managed to outperform Bitcoin Formula in the period from February 2, 2018 to the present. They are constantly increasing their value with respect to BTC, that is, increasing their price in terms of the satoshis needed to buy them.
And within this exclusive group is Binance Coin (BNB). The crypto currency developed by the Binance exchange as the main currency of its Blockchain, Binance Chain. In recent years it has managed to position itself as one of the most important virtual currencies in the world, occupying the number 8 position in the ranking of CoinMarketCap.
„BNB is one of the few currencies that had better performance than Bitcoin in the last years. Binance burned over $60 million in BNB tokens and has some of the most impressive features for any currency“.
Thus, it went from costing only 0.0005 satoshis to its peak at around 0.0045, before being corrected to the current price of 0.0018 satoshis. BNB has shown that it is one of the most important crypt coins of today. It compares well with Bitcoin’s performance.