Question 1

Why is BNB Chain gaining so much attention in the crypto community?

Accepted Answer

The attention around BNB Chain is primarily due to its efficient and scalable platform for decentralized applications (DApps) and smart contracts. It offers an alternative to other platforms with faster transaction speeds and lower fees. Furthermore, its supportive community and the influx of projects choosing to launch or migrate to the BNB Chain have added to its growing prominence.

Question 2

What advantages do BEP20 tokens offer over other token standards?

Accepted Answer

BEP20 is a token standard specific to the BNB Chain, akin to Ethereum's ERC20. The primary advantage of BEP20 tokens is their interoperability, ensuring seamless interaction between different applications and tokens on the BNB Chain. Additionally, BEP20 tokens benefit from the efficiency, speed, and cost-effectiveness of the BNB Chain, making them attractive for developers and investors alike.

Question 3

How does a stablecoin like Tether maintain its value on the BNB Chain?

Accepted Answer

Tether, as a stablecoin, is pegged to traditional fiat currencies like the US dollar. This pegging ensures that its value remains relatively stable compared to other volatile cryptocurrencies. On platforms like the BNB Chain, Tether utilizes the chain's efficient infrastructure while backing every token with a reserve, ensuring that each token can be redeemed for its equivalent in fiat, thereby maintaining its stability.

#	Name	Price	1h %	24h %	7d %	Market Cap	Volume(24h)	Circulating Supply
3	Tether USDT	$1.00	0.00%	0.02%	0.01%	$119.08B$119,075,077,932	$63,752,385,700 63,751,188,651 USDT	119,072,842,113 USDT
4	BNB BNB	$571.00	1.20%	1.93%	5.13%	$83.33B$83,327,519,727	$1,868,068,955 3,271,599 BNB	145,933,722 BNB
6	USDC USDC	$0.9999	0.01%	0.03%	0.00%	$35.58B$35,581,008,834	$6,462,206,741 6,463,083,655 USDC	35,585,837,137 USDC
8	Dogecoin DOGE	$0.1063	1.62%	2.05%	4.24%	$15.52B$15,521,195,469	$620,439,204 5,837,348,643 DOGE	146,029,826,384 DOGE
17	Dai DAI	$1.00	0.01%	0.00%	0.00%	$5.37B$5,365,778,416	$68,012,440 68,007,424 DAI	5,365,382,703 DAI
53	Maker MKR	$1,554.51	2.12%	2.11%	3.32%	$1.37B$1,372,193,875	$54,955,881 35,352 MKR	882,715 MKR
56	FLOKI FLOKI	$0.0001349	3.30%	4.13%	8.94%	$1.29B$1,293,684,321	$234,893,811 1,741,439,982,627 FLOKI	9,591,030,075,894 FLOKI
66	MANTRA OM	$1.20	3.55%	6.51%	5.09%	$1.01B$1,013,777,924	$20,795,377 17,281,986 OM	842,499,555 OM
75	BitTorrent [New] BTT	$0.0₆8986	0.90%	1.79%	3.84%	$870.15M$870,152,311	$24,351,637 27,096,849,133,862 BTT	968,246,428,571,000 BTT
81	MultiversX EGLD	$28.22	1.66%	4.47%	6.03%	$771.51M$771,514,259	$15,137,907 536,382 EGLD	27,337,084 EGLD
	ConfluxCFX	$0.15
	ZcashZEC	$32.01
	SynthetixSNX	$1.53
	TrueUSDTUSD	$1.00
	DeXeDEXE	$8.65
	PAX GoldPAXG	$2596.03
	AIOZ NetworkAIOZ	$0.44
	SuperVerseSUPER	$0.89
	CompoundCOMP	$45.42
	IoTeXIOTX	$0.04
	SafePalSFP	$0.76
	Baby Doge CoinBabyDoge	$0.00
	Trust Wallet TokenTWT	$0.83
	1inch Network1INCH	$0.27
	GMTGMT	$0.13
	WOOWOO	$0.18
	Basic Attention TokenBAT	$0.19
	AnkrANKR	$0.03
	aelfELF	$0.38
	ZilliqaZIL	$0.01
	Mask NetworkMASK	$2.37
	SolarSXP	$0.34
	COTICOTI	$0.12
	HarmonyONE	$0.01
	Band ProtocolBAND	$1.22
	SushiSwapSUSHI	$0.68
	yearn.financeYFI	$5105.62
	ChromiaCHR	$0.20
	OntologyONT	$0.19
	GominingGomining	$0.36
	VenusXVS	$7.47
	CartesiCTSI	$0.14
	Coin98C98	$0.13
	Pax DollarUSDP	$1.00
	TerraClassicUSDUSTC	$0.02
	inSure DeFiSURE	$0.00
	PromPROM	$5.56
	Bounce TokenAUCTION	$15.55
	CyberCYBER	$3.68
	Celer NetworkCELR	$0.01
	DODODODO	$0.13
	TelosTLOS	$0.25
	WINkLinkWIN	$0.00
	MiL.kMLK	$0.23
	Hooked ProtocolHOOK	$0.44
	OraichainORAI	$5.78
	BakeryTokenBAKE	$0.27
	ShentuCTK	$0.55
	Seedify.fundSFUND	$1.17
	Toko TokenTKO	$0.39
	Loom NetworkLOOM	$0.05
	MOBOXMBOX	$0.15
	Venus BUSDvBUSD	$0.02
	RACARACA	$0.00
	LTO NetworkLTO	$0.13
	StellaALPHA	$0.06
	Alien WorldsTLM	$0.01
	Bella ProtocolBEL	$0.64
	CLVCLV	$0.04
	Aleph.imALEPH	$0.18
	DIADIA	$0.36
	RAMPRAMP	$0.08
	BiswapBSW	$0.07
	Cream FinanceCREAM	$19.59
	PolkastarterPOLS	$0.34
	BitgertBRISE	$0.00
	Dego FinanceDEGO	$1.59
	StrikeXSTRX	$0.03
	AVAAVA	$0.54
	TranchessCHESS	$0.17
	Linear FinanceLINA	$0.00
	Numbers ProtocolNUM	$0.04
	RichQUACK.comQUACK	$0.00
	DEAPcoinDEP	$0.00
	Alpaca FinanceALPACA	$0.18
	PARSIQPRQ	$0.10
	BFG TokenBFG	$0.02
	BurgerCitiesBURGER	$0.46
	Alpha Quark TokenAQT	$0.91
	CEEK VRCEEK	$0.03
	APXAPX	$0.04
	Unifi Protocol DAOUNFI	$2.75
	ZukiverseZUKI	$0.64
	Hacken TokenHAI	$0.04
	VITEVITE	$0.02
	XPR NetworkXPR	$0.00
	BeefyBIFI	$282.66
	AdExADX	$0.15
	BIDRBIDR	$0.00
	Impossible Finance LaunchpadIDIA	$0.03

Top BNB Chain Tokens by Market Capitalization