As “Uptober” unfolds, retailers have been making their way to the crypto scene, hoping to ride the bullish wave. With a buying spree ongoing, the top favorites among retailers are none other than Binance Coin (BNB), Dogecoin (DOGE) and DTX Exchange (DTX).
Retailers are flocking to the crypto scene during “Uptober,” hoping to capitalize on the bullish market conditions. Among their top picks are Binance Coin (BNB), Dogecoin (DOGE) and DTX Exchange (DTX).
These coins offer compelling narratives, ranging from DeFi to memes and growth potential, making them highly sought-after by retail investors. Here's a closer look at each coin and why it's a favorite among retailers.
Binance Coin (BNB) is the native utility token of the Binance ecosystem, powering the BNB Smart Chain and facilitating exclusive token sales in the DeFi world. It can also be used for payments and participation in launchpools.
As the token of the largest centralized exchange, BNB coin enjoys immense popularity, contributing to its recent price surge. In the past 24 hours, the BNB price has soared over 2%, trading above $575.
With a new peak on the horizon, it's an altcoin that retail investors are keeping a close eye on. A Binance Coin (BNB) price prediction anticipates a rally past June's all-time high of $720. It could even hit $1,000 before the year's end, making it one of the best altcoins to invest in.
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