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Binance Coin Analysis: Can BNB Price Hit $800 After This Signal Just Flashed?

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Summary
Nutrition label

61% Informative

Binance Coin (BNB) price has increased by 1.6% in the last 24 hours and is trading at $ 601 .

This is the first since Sept. 29 that it surpassed $ 600 .

Derivative traders are bullish on BNB price in short-to-midterm.

At $ 800 , BNB 's market cap will be just $3 billion shy of Tether ’s $119 billion and the number three spot.

VR Score

36

Informative language

20

Neutral language

40

Article tone

formal

Language

English

Language complexity

31

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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