Is This Cryptocurrency The Next Bitcoin?

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Is This Cryptocurrency The Next Bitcoin?
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The bitcoin price has recently climbed back above the psychological $5,000 per bitcoin mark though some smaller cryptocurrencies have climbed far more with a few, including binance coin, rallying back to all-time highs set in late 2017...

, adding some 45% so far this year. Some smaller cryptocurrencies have climbed far more with a few, including binance coin, created by the Malta-based bitcoin and cryptocurrency exchange Binance, rallying back to all-time highs set in late 2017.binance coin could be the next bitcoin due to it dictating the direction of the market in recent weeksMany smaller cryptocurrencies, as well as bitcoin, have climbed in recent months with binance coin adding 300% so far this year.

triggered another binance coin price rally, taking it above its previous all-time high of $24 per token.Twitter / @WeissRatings Binance coin is currently the seventh biggest cryptocurrency by market capitalization, according to CoinMarketCap data, with a total value of $3.3 billion. This is a far cry from bitcoin's lofty valuation, which is nudging $100 billion.

Last week, Binance said it will de-list bitcoin SV, striking it from the exchange as of April 22 as it no longer"meet[s] the high level of standard we expect."

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