Rating: Binance Coin| Rank: A| Risk: Low+


Project Code: BNB

Project Rating: A (stable)

Operational recommendations: Neutral

(operational recommendations are divided into five categories: Buy, Accumulate or increase, Neutral, Reduce or sell )

Risk assessment: low +

Development trend: stability


Project overview:

Project Name: Binance Coin

Established: June 2017

Official website: https://www.binance.com/

Total token supply: 190,799,315

Private placement price: about $0.15

Token allocation:

  • 50% ICO;
  • 40% of founding team members held early;
  • 10% of well-known angel investors


Social data (not deduplicated):

Token Analysis:

(compared with the data of September 20)

The current BNB price is $9.311, which is 3.39% lower than the rating a month ago. According to the Coinmarketcap data on November 14, BNB ranks 14th in the global cryptocurrency market capitalization, which has risen two places from September 20. The market capitalization is 1,203,272,724 dollars. Trading volume was low for a few days, around 17 million US dollars only.

Over a month passed, with the disclosure of various major positive news of the cryptocurrency security, BNB also performed well at the end of September to mid-October, and out of three small climaxes that rose by about 10%, but then quickly fall back to around $9.5. It fall to $9.311 currently. From the chart, BNB prices could be possible to go for a double dip, expected to around $9, while the trading volume is shrinking. But recently the social media revealed the COINBASE exchange online currency form BNB has appeared in the BNB, which is a good news for BNB. There may be a rapid rise in the early stage of the launch, so the current operational advice is: Hold.


Main information update:

  1. Vertex Ventures, venture capital arm of Temasek Holdings, said they have invested in Binance to develop a legal cryptocurrency exchange in Singapore.
  2. In October, Binance recently launched a new exchange called Binance Uganda in Africa. The Crypto trading platform successfully won more than 40,000 new users in the first week.
  3. Chan Chang, CEO of Changan, attended the UN meeting and proposed a blockchain-based donation platform: Blockchain Charity Foundation (BCF).
  4. eToro became the first global professional investment platform to offer Binance coin BNB.
  5. Binance announced the formation of a new research department, Binance Research, to bring greater transparency to the encryption industry.

Other related offline activities and cooperation information will not be repeated.


Rating summary:

BNB’s ranking has risen again by 2, which is worthy of attention. The stable performance of BNB in the bear market and the development of the Binance have brought enough confidence to investors. Before the BNB on the COINBASE exchange, we will do a simple market analysis, please pay attention to our blog. The bear market is long and we are moving forward together.


Twitter: https://twitter.com/tuoluocaijing

Website: https://www.tuoluocaijing.cn

Rating standard


Excellent project with high value, Highly recommended


Quality project with upper middle value, Normally recommended


General project which have certain potential


Low quality project with not much value, Not recommended


Fraud or scam project with no value, Strongly not recommended


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