Cryptocurrencies grow on Binance Chain launch
The major virtual currencies on Monday are moderately going up on the reports that the world's largest digital trading platform Binance has launched its blockchain platform Binance Chain. On it, startups will be able to issue their own digital currencies, as well as conduct ICO. Binance Chain is a public blockchain network that will support BNB tokens. The exchange will soon integrate its decentralized trading platform into the Binance Chain. Meanwhile, Binance will allow projects to release new tokens within the ecosystem, which actually means being able to conduct ICOs, attracting BNB tokens.
If you look back at the monthly period, you can observe that over the previous thirty days, the Bitcoin price has risen by 31.3% against the dollar, while the overall crypto market capitalization has grown by $ 40 billion. Bitcoin passed 123 days without retesting the minimum, which can be considered a step in side of the rally in the coming months.
The impressive performance of altcoins, including Enjin Coin and Binance Coin, which showed an increase of 404% and 266% since the beginning of the year, respectively, increased the overall momentum of the cryptographic market. For the first time since May 2015, a technical indicator called the convergence and divergence of moving averages (MACD) indicates a positive trend for Bitcoin. The decentralized Binance Exchange will not provide custody services to users of tokens.
On this news, the rate of Bitcoin, according to Libertex, at 9.30 per day rose by 0.47% - up to 5285 dollars with a capitalization of 93.6 billion dollars. Ethereum by this time fell slightly - by 0.12% - to 170.4 dollars with a capitalization of 17.9 billion dollars. His reduction was promoted by the fear that Binance Chain would be able to entice the users of the Ethereum network to itself. XRP for the day added to the price of 2.16% and rose to $ 0.324 with a capitalization of $ 13.7 billion. LItecoin has strengthened by 0.92% - to 76.2 dollars, its capitalization amounted to 4.7 billion dollars.
The overall crypto market capitalization of the has reached $ 177.6 billion. According to financial scouts, cryptocurrencies in the nearest future to come may add a few more in price. Thus, Bitcoin can rise in price to $ 5,300, Ethereum - to adjust to the top and rise to $ 171, XRP - to strengthen to $ 0.33, and Litecoin - to $ 77.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 83.6% | 20 | $101 701.81 | 1.69% | 2.07% | $2 013 246 996 833 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 69.2% | 63 | $3 915.40 | -0.05% | -2.15% | $471 597 924 366 |  |
|
| 3 |  XRP |
XRP predictions | 60.4% | 90 | $2.47 | 5.89% | 1.39% | $141 142 112 565 |  |
|
| 4 |  USDT |
Tether predictions | 91.2% | 1 | $1.000042 | -0.01% | -0.14% | $140 139 591 223 |  |
|
| 5 |  SOL |
Solana predictions | 77.6% | 34 | $225.66 | -0.24% | -4.29% | $108 098 878 749 |  |
|
| 6 |  BNB |
Binance Coin predictions | 72.4% | 60 | $728.99 | 2.96% | -1.69% | $104 980 392 576 |  |
|
| 7 |  DOGE |
Dogecoin predictions | 77.6% | 45 | $0.410083 | 0.70% | -5.78% | $60 360 933 009 |  |
|
| 8 |  USDC |
USD Coin predictions | 94% | 1 | $0.999956 | 0% | 0% | $41 989 588 944 |  |
|
| 9 |  ADA |
Cardano predictions | 62.8% | 74 | $1.11 | 0.75% | -8.74% | $38 938 221 420 |  |
|
| 10 |  TRX |
TRON predictions | 57.6% | 93 | $0.294798 | 1.75% | -10.07% | $25 424 946 533 |  |
|
| 11 |  AVAX |
Avalanche predictions | 68.8% | 65 | $52.49 | -1.10% | 0.78% | $21 502 759 836 |  |
|
| 12 |  LINK |
Chainlink predictions | 59.6% | 87 | $29.57 | 0.59% | 14.33% | $18 538 470 003 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 69.6% | 68 | $0.000029 | 2.81% | -6.07% | $16 940 665 280 |  |
|
| 14 |  TON |
Toncoin predictions | 69.2% | 69 | $6.31 | -0.68% | -7.62% | $16 085 252 236 |  |
|
| 15 |  DOT |
Polkadot predictions | 60.4% | 78 | $9.01 | -0.51% | -15.10% | $13 775 503 688 |  |
