Binance Traders Are Chasing These 14 Altcoins! - Coinleaks
Current Date:September 21, 2024

Binance Traders Are Chasing These 14 Altcoins!

CryptoDiffer, which provides various data for some platforms and projects in the crypto field, shared new statistics. The data platform featured the trending coins by the number of searches on the largest cryptocurrency exchange Binance in its latest tweet. Here are the details and altcoins on the list…

Binance users searched for these projects the most

According to the latest chart from CryptoDiffer, 15 altcoins are “trending” on Binance. That is, they became the most sought after coin by users on Binance. In this respect, Binance Coin (BNB) seems to have taken the lead. cryptocoin.com As we have also reported, BNB is a coin in Binance’s ecosystem. After BNB, Bitcoin (BTC) is the most sought after coin. Since Bitcoin is the largest cryptocurrency and tends to change the overall trajectory in the market; It’s no surprise that it’s among the most sought after.

The list usually includes the largest cryptocurrencies by market cap. BNB comes third after BTC, with the leading altcoin Ethereum (ETH). ETH is followed by popular cryptocurrencies such as Solana (SOL), Shiba Inu (SHIB), Polygon (MATIC), Cardano (ADA). Although SHIB is in the top 5, interestingly, the largest and first meme coin Dogecoin (DOGE) is in the 10th place. You can see the full list below:

  • Binance Coin (BNB)
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Left (LEFT)
  • Shiba Inu (SHIB)
  • Polygon (MATIC)
  • Cardano (ADA)
  • Stargate Finance (STG)
  • Avalanche (AVAX)
  • Dogecoin (DOGE)
  • Gnosis (GNO)
  • Kyber Network Crystal (KNC)
  • League of Kingdoms (LOKA)
  • TRON (TRX)
  • STEPN (GMT)

Majority of altcoin transactions take place on Binance

Looking at the same chart of CryptoDiffer, Binance’s volume dominance against other cryptocurrency exchanges is also noteworthy. Considering the trending coins we mentioned, we can say that GNO and LOKA transactions take place mostly on Binance with 80 percent and 82 percent. On the other hand, the trading volume of cryptocurrencies such as Ethereum and TRON stands higher on other exchanges. Binance was founded in 2017 and is a centralized cryptocurrency exchange registered in the Cayman Islands.

Currently, there are 356 cryptocurrencies and 1,458 trading pairs on the exchange. The 24-hour volume of the exchange has dropped to $12,698,367,585.19, a change of 16.29 percent in the last 24 hours. The most active trading pair is BTC/USDT with a 24-hour volume of $3,688,479,783.54. Subsequent pairs such as ETH/USDT, BTC/BUSD, ETH/BUSD; It ranks in the top five in terms of volume. Finally, the value of the cryptocurrency exchange token and the most sought-after token on the exchange, BNB, has seen a 3% increase in the last 24 hours. At the time of writing, BNB is worth around $296.