BNB token has gained 3% in value over the last 24 hours, outperforming the broader crypto market. This increase is supported by developments such as Coinbase considering listing BNB and China Merchants Bank International tokenizing a USD money market fund on the BNB Chain.
Despite the recent price increase, BNB's value remains 17% below its all-time high of $1,370. Its high volatility indicates that investors are struggling to price in rising demand amidst general market uncertainty.
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