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	$0.9997	0.03%	0.00%	0.09%	$119.61B$119,611,583,820	$55,119,231,048 55,133,242,726 USDT	119,641,989,887 USDT
4	BNB BNB	$548.48	0.82%	1.61%	10.24%	$80.04B$80,041,631,598	$1,520,272,683 2,771,773 BNB	145,932,539 BNB
6	USDC USDC	$0.9999	0.02%	0.00%	0.03%	$35.55B$35,554,221,169	$5,999,085,686 5,999,489,814 USDC	35,556,616,275 USDC
8	Dogecoin DOGE	$0.1073	1.16%	3.90%	15.42%	$15.7B$15,696,121,072	$760,566,428 7,085,553,743 DOGE	146,227,476,384 DOGE
19	Dai DAI	$0.9999	0.00%	0.00%	0.04%	$5.36B$5,364,902,326	$114,888,348 114,898,635 DAI	5,365,382,703 DAI
55	FLOKI FLOKI	$0.0001334	1.52%	4.28%	23.83%	$1.28B$1,280,303,044	$199,238,354 1,493,157,591,578 FLOKI	9,595,011,060,451 FLOKI
56	Maker MKR	$1,442.88	0.77%	0.64%	12.98%	$1.27B$1,265,994,684	$44,272,796 30,684 MKR	877,409 MKR
62	MANTRA OM	$1.27	1.06%	2.33%	1.57%	$1.08B$1,080,420,241	$26,737,941 21,022,530 OM	849,473,306 OM
72	BitTorrent [New] BTT	$0.0₆9036	0.83%	1.69%	13.49%	$874.87M$874,868,445	$19,835,482 21,952,597,309,726 BTT	968,246,428,571,000 BTT
86	Conflux CFX	$0.1613	2.05%	0.82%	14.82%	$729.85M$729,849,097	$61,581,112 381,785,372 CFX	4,524,856,699 CFX
	MultiversXEGLD	$24.61
	AIOZ NetworkAIOZ	$0.46
	PAX GoldPAXG	$2666.78
	SuperVerseSUPER	$1.04
	TrueUSDTUSD	$1.00
	SynthetixSNX	$1.35
	Trust Wallet TokenTWT	$1.06
	ZcashZEC	$26.63
	DeXeDEXE	$7.61
	CompoundCOMP	$43.52
	GMTGMT	$0.13
	SafePalSFP	$0.71
	IoTeXIOTX	$0.04
	1inch Network1INCH	$0.25
	WOOWOO	$0.17
	Baby Doge CoinBabyDoge	$0.00
	aelfELF	$0.36
	ZilliqaZIL	$0.01
	AnkrANKR	$0.03
	Basic Attention TokenBAT	$0.16
	Mask NetworkMASK	$2.44
	SushiSwapSUSHI	$0.73
	GominingGomining	$0.41
	HarmonyONE	$0.01
	Band ProtocolBAND	$1.11
	COTICOTI	$0.10
	yearn.financeYFI	$4923.31
	OntologyONT	$0.17
	ChromiaCHR	$0.17
	SolarSXP	$0.23
	TerraClassicUSDUSTC	$0.02
	VenusXVS	$6.77
	TelosTLOS	$0.29
	Pax DollarUSDP	$1.00
	CartesiCTSI	$0.12
	Coin98C98	$0.12
	PromPROM	$5.04
	Seedify.fundSFUND	$1.46
	Bounce TokenAUCTION	$13.27
	Celer NetworkCELR	$0.01
	OraichainORAI	$6.13
	DODODODO	$0.12
	inSure DeFiSURE	$0.00
	WINkLinkWIN	$0.00
	Hooked ProtocolHOOK	$0.43
	MiL.kMLK	$0.21
	CyberCYBER	$2.83
	ShentuCTK	$0.52
	RACARACA	$0.00
	BakeryTokenBAKE	$0.24
	DIADIA	$0.59
	Loom NetworkLOOM	$0.05
	Venus BUSDvBUSD	$0.02
	Toko TokenTKO	$0.35
	MOBOXMBOX	$0.13
	LTO NetworkLTO	$0.12
	StellaALPHA	$0.05
	Alien WorldsTLM	$0.01
	Aleph.imALEPH	$0.16
	Bella ProtocolBEL	$0.50
	RAMPRAMP	$0.07
	Dego FinanceDEGO	$1.63
	CLVCLV	$0.03
	Numbers ProtocolNUM	$0.05
	PolkastarterPOLS	$0.30
	DEAPcoinDEP	$0.00
	BitgertBRISE	$0.00
	Cream FinanceCREAM	$16.02
	BiswapBSW	$0.06
	ZukiverseZUKI	$0.77
	StrikeXSTRX	$0.03
	RichQUACK.comQUACK	$0.00
	BFG TokenBFG	$0.02
	AVAAVA	$0.47
	Hacken TokenHAI	$0.04
	Linear FinanceLINA	$0.00
	Alpha Quark TokenAQT	$0.89
	TranchessCHESS	$0.13
	Alpaca FinanceALPACA	$0.15
	CEEK VRCEEK	$0.03
	BurgerCitiesBURGER	$0.39
	BeefyBIFI	$276.67
	PARSIQPRQ	$0.08
	Unifi Protocol DAOUNFI	$2.46
	XPR NetworkXPR	$0.00
	AdExADX	$0.14
	BIDRBIDR	$0.00
	MATHMATH	$0.18
	TokenPocketTPT	$0.01
	APXAPX	$0.03

Top BNB Chain Tokens by Market Capitalization