Binance Coin (BNB) is in the red for the day so far after the crypto formed a support base above the $240 level. According to the crypto market tracking website CoinMarketCap, BNB is currently trading hands at $274.76 after a 0.99% drop in price over the last 24 hours. The crypto is, however, still in the green by more than 11% over the last seven days.
BNB also weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 1.00% and 1.98% respectively. Also in the red zone is BNB’s 24-hour trading volume which stands at $595,485,869 after a more than 17% decline since yesterday.
With its market cap of $43,935,488,084, BNB is currently the 4th biggest crypto in terms of market capitalization. This places the crypto right behind Tether (USDT) in the 3rd position and in front of USD Coin (USDC) which is ranked 5th.
The post Is It Possible for BNB To Target (NYSE:TGT) $300 in the Coming Days? appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
