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BNB Was $0.15?! Binance History Explored in New BitBoy Crypto Video

Published 31/08/2023, 23:37
BNB Was $0.15?! Binance History Explored in New BitBoy Crypto Video

  • Bitboy Crypto explores Binance’s history, including the launch of BNB Beacon Chain.

  • The YouTuber claims the multiple token standards confuse new BNB traders.

  • Binance recently launched BNB Greenfield to create a decentralized storage infrastructure.

The BitBoy Crypto YouTube channel shared a new deep dive into Binance’s native token, BNB. BNB launched in 2017 and was initially named after Binance Coin. However, it was renamed Build and’ Build in 2022 to emphasize its decentralized ecosystem, unlike the centralized exchange, Binance.

Featuring a total supply of 200 million, BNB raised 15 million at the time of the ICO, while being valued at $0.15. At the peak of the bull market in 2021, the token hit its all-time-high of more than $686. Last week, BNB fell over 14% due to accusations against Binance of helping Russians “move money.”

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