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%	0.01%	0.01%	$118.91B$118,911,167,737	$69,926,609,814 69,915,101,712 USDT	118,891,598,050 USDT
4	BNB BNB	$562.25	0.77%	2.36%	4.00%	$82.05B$82,050,905,635	$1,878,052,992 3,340,260 BNB	145,933,758 BNB
6	USDC USDC	$0.9999	0.01%	0.01%	0.00%	$35.62B$35,616,468,337	$7,142,984,494 7,143,886,594 USDC	35,620,966,402 USDC
8	Dogecoin DOGE	$0.1047	1.25%	2.38%	1.96%	$15.28B$15,284,880,450	$657,320,440 6,279,809,345 DOGE	146,026,396,384 DOGE
17	Dai DAI	$0.9999	0.00%	0.01%	0.00%	$5.37B$5,365,332,821	$71,681,200 71,681,867 DAI	5,365,382,703 DAI
53	Maker MKR	$1,512.00	0.98%	1.84%	6.62%	$1.33B$1,334,901,735	$58,334,697 38,581 MKR	882,874 MKR
57	FLOKI FLOKI	$0.0001307	2.11%	4.91%	5.29%	$1.25B$1,253,220,067	$236,880,468 1,812,872,103,547 FLOKI	9,591,030,085,394 FLOKI
68	MANTRA OM	$1.11	0.67%	2.35%	2.60%	$938.85M$938,853,139	$21,313,512 19,126,127 OM	842,499,555 OM
74	BitTorrent [New] BTT	$0.0₆8913	0.38%	2.98%	2.69%	$862.97M$862,972,026	$26,984,000 30,275,791,827,094 BTT	968,246,428,571,000 BTT
82	MultiversX EGLD	$27.15	0.72%	4.72%	1.40%	$742.25M$742,246,247	$17,661,310 650,470 EGLD	27,337,084 EGLD
	ConfluxCFX	$0.15
	ZcashZEC	$31.48
	TrueUSDTUSD	$1.00
	PAX GoldPAXG	$2587.17
	SynthetixSNX	$1.49
	DeXeDEXE	$8.36
	AIOZ NetworkAIOZ	$0.42
	SuperVerseSUPER	$0.87
	CompoundCOMP	$44.16
	IoTeXIOTX	$0.04
	SafePalSFP	$0.74
	Baby Doge CoinBabyDoge	$0.00
	1inch Network1INCH	$0.27
	Trust Wallet TokenTWT	$0.81
	GMTGMT	$0.13
	WOOWOO	$0.17
	AnkrANKR	$0.03
	aelfELF	$0.37
	Basic Attention TokenBAT	$0.18
	ZilliqaZIL	$0.01
	Mask NetworkMASK	$2.25
	COTICOTI	$0.11
	HarmonyONE	$0.01
	SolarSXP	$0.29
	Band ProtocolBAND	$1.19
	SushiSwapSUSHI	$0.66
	yearn.financeYFI	$4994.87
	OntologyONT	$0.18
	ChromiaCHR	$0.20
	GominingGomining	$0.39
	VenusXVS	$7.23
	CartesiCTSI	$0.13
	Pax DollarUSDP	$1.00
	Coin98C98	$0.13
	inSure DeFiSURE	$0.00
	TerraClassicUSDUSTC	$0.02
	Bounce TokenAUCTION	$15.37
	PromPROM	$5.44
	CyberCYBER	$3.56
	TelosTLOS	$0.25
	Celer NetworkCELR	$0.01
	WINkLinkWIN	$0.00
	DODODODO	$0.12
	MiL.kMLK	$0.22
	Hooked ProtocolHOOK	$0.42
	OraichainORAI	$5.70
	BakeryTokenBAKE	$0.26
	ShentuCTK	$0.54
	Seedify.fundSFUND	$1.14
	Toko TokenTKO	$0.39
	Loom NetworkLOOM	$0.05
	Venus BUSDvBUSD	$0.02
	MOBOXMBOX	$0.15
	RACARACA	$0.00
	LTO NetworkLTO	$0.13
	StellaALPHA	$0.06
	Alien WorldsTLM	$0.01
	Aleph.imALEPH	$0.18
	Bella ProtocolBEL	$0.59
	CLVCLV	$0.04
	DIADIA	$0.36
	RAMPRAMP	$0.08
	Cream FinanceCREAM	$19.19
	BiswapBSW	$0.07
	PolkastarterPOLS	$0.34
	BitgertBRISE	$0.00
	Dego FinanceDEGO	$1.55
	StrikeXSTRX	$0.03
	AVAAVA	$0.53
	Numbers ProtocolNUM	$0.04
	TranchessCHESS	$0.17
	RichQUACK.comQUACK	$0.00
	DEAPcoinDEP	$0.00
	Linear FinanceLINA	$0.00
	BurgerCitiesBURGER	$0.47
	PARSIQPRQ	$0.10
	Alpaca FinanceALPACA	$0.17
	BFG TokenBFG	$0.02
	APXAPX	$0.04
	CEEK VRCEEK	$0.03
	ZukiverseZUKI	$0.64
	Alpha Quark TokenAQT	$0.87
	XPR NetworkXPR	$0.00
	BeefyBIFI	$289.13
	Hacken TokenHAI	$0.04
	VITEVITE	$0.02
	Unifi Protocol DAOUNFI	$2.62
	BIDRBIDR	$0.00
	AdExADX	$0.15
	Impossible Finance LaunchpadIDIA	$0.03

Top BNB Chain Tokens by Market Capitalization