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	$0.9999	0.00%	0.02%	0.01%	$118.84B$118,839,250,165	$59,450,076,559 59,451,016,355 USDT	118,841,128,795 USDT
4	BNB BNB	$547.85	0.96%	0.25%	3.31%	$79.95B$79,949,224,085	$1,589,049,163 2,900,541 BNB	145,933,829 BNB
6	USDC USDC	$0.9999	0.00%	0.01%	0.01%	$35.43B$35,426,008,298	$6,649,513,615 6,650,266,957 USDC	35,430,021,810 USDC
8	Dogecoin DOGE	$0.1018	1.40%	0.48%	0.08%	$14.86B$14,860,266,114	$527,141,709 5,179,523,506 DOGE	146,012,156,384 DOGE
17	Dai DAI	$1.00	0.01%	0.02%	0.01%	$5.37B$5,366,047,503	$80,413,384 80,403,422 DAI	5,365,382,703 DAI
53	Maker MKR	$1,484.47	1.68%	1.33%	6.71%	$1.31B$1,310,273,552	$51,371,359 34,606 MKR	882,656 MKR
56	FLOKI FLOKI	$0.0001241	2.11%	2.30%	1.45%	$1.19B$1,189,806,010	$148,749,024 1,199,075,786,244 FLOKI	9,591,105,441,219 FLOKI
66	MANTRA OM	$1.09	1.49%	3.66%	3.04%	$918.85M$918,847,697	$16,128,612 14,788,466 OM	842,499,555 OM
73	BitTorrent [New] BTT	$0.0₆8635	0.66%	0.72%	1.24%	$836.18M$836,179,599	$16,870,903 19,535,505,840,270 BTT	968,246,428,571,000 BTT
84	MultiversX EGLD	$26.00	1.48%	1.16%	0.02%	$710.64M$710,635,294	$18,191,725 699,730 EGLD	27,334,026 EGLD
	ConfluxCFX	$0.14
	TrueUSDTUSD	$1.00
	ZcashZEC	$30.22
	PAX GoldPAXG	$2572.57
	SynthetixSNX	$1.39
	DeXeDEXE	$7.80
	SuperVerseSUPER	$0.87
	AIOZ NetworkAIOZ	$0.37
	CompoundCOMP	$43.13
	SafePalSFP	$0.74
	Trust Wallet TokenTWT	$0.81
	Baby Doge CoinBabyDoge	$0.00
	IoTeXIOTX	$0.03
	1inch Network1INCH	$0.25
	GMTGMT	$0.13
	WOOWOO	$0.17
	aelfELF	$0.35
	Basic Attention TokenBAT	$0.17
	AnkrANKR	$0.03
	ZilliqaZIL	$0.01
	Mask NetworkMASK	$2.16
	COTICOTI	$0.10
	Band ProtocolBAND	$1.13
	HarmonyONE	$0.01
	SushiSwapSUSHI	$0.63
	yearn.financeYFI	$4840.19
	GominingGomining	$0.39
	ChromiaCHR	$0.19
	OntologyONT	$0.17
	SolarSXP	$0.20
	VenusXVS	$6.96
	Coin98C98	$0.13
	Pax DollarUSDP	$1.00
	CartesiCTSI	$0.13
	inSure DeFiSURE	$0.00
	Bounce TokenAUCTION	$15.21
	TerraClassicUSDUSTC	$0.02
	PromPROM	$5.10
	TelosTLOS	$0.24
	CyberCYBER	$3.29
	Celer NetworkCELR	$0.01
	WINkLinkWIN	$0.00
	MiL.kMLK	$0.21
	Hooked ProtocolHOOK	$0.41
	DODODODO	$0.11
	OraichainORAI	$5.39
	BakeryTokenBAKE	$0.25
	ShentuCTK	$0.51
	Seedify.fundSFUND	$1.07
	Toko TokenTKO	$0.38
	Venus BUSDvBUSD	$0.02
	Loom NetworkLOOM	$0.05
	LTO NetworkLTO	$0.13
	MOBOXMBOX	$0.14
	RACARACA	$0.00
	StellaALPHA	$0.06
	Alien WorldsTLM	$0.01
	CLVCLV	$0.04
	Bella ProtocolBEL	$0.55
	RAMPRAMP	$0.08
	Aleph.imALEPH	$0.15
	DIADIA	$0.33
	Cream FinanceCREAM	$18.73
	BiswapBSW	$0.07
	PolkastarterPOLS	$0.34
	BitgertBRISE	$0.00
	Dego FinanceDEGO	$1.46
	StrikeXSTRX	$0.03
	DEAPcoinDEP	$0.00
	AVAAVA	$0.50
	TranchessCHESS	$0.16
	Linear FinanceLINA	$0.00
	PARSIQPRQ	$0.10
	RichQUACK.comQUACK	$0.00
	Numbers ProtocolNUM	$0.04
	BFG TokenBFG	$0.02
	ZukiverseZUKI	$0.69
	Alpaca FinanceALPACA	$0.16
	APXAPX	$0.05
	CEEK VRCEEK	$0.03
	BeefyBIFI	$291.24
	Alpha Quark TokenAQT	$0.85
	XPR NetworkXPR	$0.00
	Unifi Protocol DAOUNFI	$2.52
	Hacken TokenHAI	$0.03
	BurgerCitiesBURGER	$0.37
	Impossible Finance LaunchpadIDIA	$0.03
	BIDRBIDR	$0.00
	AdExADX	$0.14
	VITEVITE	$0.02

Top BNB Chain Tokens by Market Capitalization