Binance Coin (BNB), the native coin of Binance cryptocurrency exchange, is one of the rare coins that saw launch back in 2017, but reached its all-time high (ATH) in 2019. In fact, it is arguably one of the best-performing coins in 2019, particularly in the first half of the year.
After its launch in 2017, BNB did not see an instant rise to popularity. It started its surge relatively late, compared to other coins, only starting to grow in mid-December 2017. It then reached its highest around mid-January 2018, when it climbed up to $25. After that, it crashed down to $5, and throughout the first half of 2018, it once again saw a slow rise, despite the crypto winter and the bearish market.
Its growth ended sharply on June 23rd, when the coin started seeing a price drop, sinking deeper and deeper, until it was back to $5 after the second market crash in November, which was caused by BCH hash war. The situation calmed down after a few weeks, which is when BNB started gaining real momentum.
The coin started growing in mid-December, and it pretty much did not stop until June 2019. While its price was barely above $5 by the time 2018 had ended, BNB was at the beginning of the largest and sharpest rise in its short history.
Binance Coin in 2019
As mentioned, BNB started surging rapidly in early 2019, Its price doubled by late February and tripled by mid-March. By the end of April 2019, BNB price was five times larger than the one it had in January, and still surging. The growth was quite steady, and the coin ended up reaching its ATH on June 22nd, with a price of $39.27 — around eight times above its price at the start of the year.