On Feb 6th, Binance Coin (BNB) has scored the position of 10th rank among the Top 10 Cryptocurrency List on CoinMarketCap by kicking out the Bitcoin Satoshi’s Vision (BSV)
The coin hiked by two spots and tossed out the Cardano [ADA] and Bitcoin SV [BSV] aside.
Even though the market was red again today – BNB appears to have a great time as its the only cryptocurrency in top 50 with a massive growth.
Where the most cryptocurrencies are flashing red, Binance is flashing green like it is showing that there is no effect of the bear market on it.
Presently, at the writing time, BNB is trading at $8.19 USD and rise by 14.71% with a marketcap of $1,155,555,772 USD. Experts believe that BNB surged due to the ongoing accomplishment of the BitTorrent token sale on the Binance Launchpad.
The BTT tokens demand was very high that the 59 billion ICOs were sold within 20 min. And now, BNB is experiencing a surge in its price is a quick aftereffect of its Launchpad Project, Fetch.A.I.
Today, on 6th Feb, a decentralized network provider Fetch.A.I. declared that its ICO sale would begin on Feb 25th on none other than Binance Launchpad.
Fetch.AI plans to make a new economy which depends on self-ruling operators.
By this token sale, investors would be able to purchase the tokens of Fetch.AI with Binance Token [BNB]. The Fetch.AI venture is a blend of Blockchain and A.I. (artificial intelligence). The token will serve as the mode of exchange that enables autonomous agents to pay each other for information or services in the area of the Fetch.AI network.
Currently, BSV is trading at $58.21 USD by witnessing the fall of 6.54% and holding the 11th spot on CoinMarketCap. In the top 10 list, Binance and Tether are the only coins which are in green zone while some popular cryptocurrencies like Ripple, Ethereum and Bitcoin are flashing Red.
Image Source: utoday
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