Binance Coin or BNB

Next to Bitcoin and Ether, the popular crypto is BNB or Binance Coin issued by crypto exchange, Binance Holdings. It is the number 3 coin in the world. In 2021, it has outperformed both Bitcoin and Ether.

BNB is widely used on Binance crypto exchange, the world’s biggest by volume. It is the native currency of Binance Smart chain, a blockchain platform that supports smart contracts for use in DeFi and other applications. It challenges Ethereum blockchain.

Alternative coins (altcoins) too witnessed major gains in 2021. Solana and Fantom coins too support smart contracts with other blockchain platforms. They outpaced Binance Coins returns in 2021.

There is flow of capital into altcoins. The momentum is seen in tokens related to metaverse and GameFi. ETH-killers target Ethereum.

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