BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?

by Aurelia Butler 4 August 2022, 20:00 139 Views

BNB token’s year-to-date performance remains negative by 43%, but the current $49.5 billion market capitalization ranks it the third largest, excluding stablecoins. Furthermore, the leading decentralized application (DApp) is PancakeSwap — 843,630 active addresses in the past seven days — which runs on BNB Chain.

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Source: Cryptocurrency - investing.com

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BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?

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