Cryptocurrency Binance Coin has updated its historical record of value

On Monday, July 28, the price of the Binance Coin virtual token BNB $811.71 BNB -2.07% Market capitalization $113.06 billion VOL. 24 hours $0.36 billion exceeded $ 850 for the first time in history, updating its all-time high. Against this backdrop, analysts estimated the wealth of Binance founder Чанпен Чжао" href="https://noworries.news/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao (CZ) at $ 75.8 billion. It should be added that as of July 29, the BNB exchange rate has undergone a correction to $ 829.

According to the Lookonchain analytical platform, over the past year, the total increase in BNB price has been more than 100%. The growth has been supported by the steady demand for the token due to the development of the Binance ecosystem, including decentralized finance and the BNB Chain platform.

Changpeng Zhao, who is currently the largest private owner of BNB, continues to hold leading positions in the lists of the richest people in the crypto industry. In addition, Binance remains one of the key players in the market despite regulatory challenges in certain jurisdictions.

Earlier, the former Binance CEO hinted at the launch of a meme-coin inspired by his Belgian Malinois dog. This happened after a discussion on social media when users asked CZ to share the name and photo of his pet.

At first, Zhao was skeptical of the idea, asking, «How does it work? I just say the dog’s name and people create a meme?» But after 30 minutes, he changed his tune, saying that he was «very curious about how it all works» and hinted that he might «think about it.»