The Most Popular Cryptocurrencies on the Market Right Now in 2022

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2 years ago

Binance Coin

Binance operates the biggest cryptocurrency exchange in the world. It makes sense, therefore, that Binance Coin (CRYPTO:BNB) is the third-most-popular digital coin on the market. It's the native coin on the Binance exchange and currently has a market cap of over $96 billion.

Investors who pay transaction fees with Binance Coin receive discounts. Each quarter, Binance reduces the supply of the digital coins based on trading volume. Over time, these quarterly coin "burns" will remove 100 million coins, which amounts to half of the total supply. These moves are intended to increase the value of Binance Coin.

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