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	0.03%	0.00%	0.06%	$119.17B$119,174,867,875	$62,561,478,929 62,556,950,685 USDT	119,166,241,914 USDT
4	BNB BNB	$569.40	0.51%	1.32%	2.08%	$83.09B$83,094,007,531	$1,783,383,878 3,132,064 BNB	145,933,644 BNB
6	USDC USDC	$0.9999	0.03%	0.01%	0.01%	$35.81B$35,808,186,907	$6,064,353,586 6,064,674,648 USDC	35,810,082,687 USDC
8	Dogecoin DOGE	$0.1047	0.70%	0.46%	2.44%	$15.3B$15,296,227,170	$590,148,766 5,634,498,487 DOGE	146,042,106,384 DOGE
17	Dai DAI	$1.00	0.01%	0.01%	0.00%	$5.37B$5,365,579,540	$93,384,106 93,380,681 DAI	5,365,382,703 DAI
53	Maker MKR	$1,505.97	1.04%	0.85%	7.84%	$1.33B$1,328,610,836	$76,324,896 50,682 MKR	882,232 MKR
57	FLOKI FLOKI	$0.0001334	0.93%	2.92%	2.55%	$1.28B$1,279,746,256	$177,921,456 1,333,423,822,465 FLOKI	9,590,996,964,201 FLOKI
67	MANTRA OM	$1.17	1.00%	4.14%	4.00%	$983.89M$983,891,451	$22,758,503 19,487,951 OM	842,499,555 OM
74	BitTorrent [New] BTT	$0.0₆9032	0.36%	1.80%	2.20%	$874.53M$874,531,838	$20,284,790 22,458,502,411,477 BTT	968,246,428,571,000 BTT
81	MultiversX EGLD	$28.08	0.63%	1.95%	4.93%	$767.62M$767,616,579	$16,261,916 579,199 EGLD	27,340,139 EGLD
	ConfluxCFX	$0.15
	SynthetixSNX	$1.59
	ZcashZEC	$31.08
	DeXeDEXE	$8.73
	PAX GoldPAXG	$2623.64
	TrueUSDTUSD	$1.00
	AIOZ NetworkAIOZ	$0.43
	SuperVerseSUPER	$0.90
	CompoundCOMP	$44.92
	IoTeXIOTX	$0.04
	SafePalSFP	$0.74
	1inch Network1INCH	$0.28
	Trust Wallet TokenTWT	$0.82
	GMTGMT	$0.14
	WOOWOO	$0.18
	Baby Doge CoinBabyDoge	$0.00
	aelfELF	$0.40
	Basic Attention TokenBAT	$0.19
	AnkrANKR	$0.03
	ZilliqaZIL	$0.01
	Mask NetworkMASK	$2.31
	COTICOTI	$0.13
	HarmonyONE	$0.01
	Band ProtocolBAND	$1.24
	SushiSwapSUSHI	$0.69
	OntologyONT	$0.20
	SolarSXP	$0.28
	yearn.financeYFI	$5031.98
	ChromiaCHR	$0.20
	GominingGomining	$0.39
	VenusXVS	$7.32
	CartesiCTSI	$0.14
	Coin98C98	$0.13
	inSure DeFiSURE	$0.00
	Pax DollarUSDP	$1.00
	TerraClassicUSDUSTC	$0.02
	PromPROM	$5.61
	DODODODO	$0.14
	TelosTLOS	$0.26
	Bounce TokenAUCTION	$15.09
	CyberCYBER	$3.63
	Celer NetworkCELR	$0.01
	WINkLinkWIN	$0.00
	MiL.kMLK	$0.23
	Hooked ProtocolHOOK	$0.45
	OraichainORAI	$5.88
	BakeryTokenBAKE	$0.27
	ShentuCTK	$0.55
	Seedify.fundSFUND	$1.19
	Loom NetworkLOOM	$0.06
	Toko TokenTKO	$0.39
	MOBOXMBOX	$0.15
	Venus BUSDvBUSD	$0.02
	RACARACA	$0.00
	LTO NetworkLTO	$0.13
	StellaALPHA	$0.06
	Alien WorldsTLM	$0.01
	Bella ProtocolBEL	$0.63
	CLVCLV	$0.04
	Aleph.imALEPH	$0.18
	DIADIA	$0.37
	RAMPRAMP	$0.08
	Cream FinanceCREAM	$19.59
	BiswapBSW	$0.07
	Dego FinanceDEGO	$1.63
	PolkastarterPOLS	$0.34
	BitgertBRISE	$0.00
	Numbers ProtocolNUM	$0.04
	StrikeXSTRX	$0.03
	TranchessCHESS	$0.17
	APXAPX	$0.05
	AVAAVA	$0.53
	Linear FinanceLINA	$0.00
	DEAPcoinDEP	$0.00
	RichQUACK.comQUACK	$0.00
	ZukiverseZUKI	$0.73
	Alpaca FinanceALPACA	$0.18
	PARSIQPRQ	$0.10
	BFG TokenBFG	$0.02
	Alpha Quark TokenAQT	$0.94
	BurgerCitiesBURGER	$0.44
	VITEVITE	$0.02
	CEEK VRCEEK	$0.03
	BeefyBIFI	$292.95
	XPR NetworkXPR	$0.00
	Unifi Protocol DAOUNFI	$2.66
	Hacken TokenHAI	$0.03
	AdExADX	$0.15
	BIDRBIDR	$0.00
	Impossible Finance LaunchpadIDIA	$0.03

Top BNB Chain Tokens by Market Capitalization