Binance Coin Surges 10% as Altcoins Gain Traction

Binance Coin ($BNB) saw a rise of over 10% during the weekend, reaching $1,087 before stabilizing slightly lower.
$BNB is in a 'price discovery' phase and could potentially achieve new highs with strong momentum.
Despite a slight dip from its all-time high, on-chain data indicates consolidation above $970, supported by increased trading volume and a bullish long-short ratio of 17.71.
The price may correct towards the 20-period EMA near $1,012 or the 50-period EMA around $974, both historical support lines.
If current momentum persists, $BNB could reach targets of $1,250 and even climb towards the 2.618 Fibonacci extension of $1,565.
$BNB's recent performance has potential to influence the broader crypto market, potentially boosting altcoins.
Best Wallet Token ($BEST) aims to capture 40% of the non-custodial wallet market by 2026, offering multi-wallet functionality and security features.
Pepenode ($PEPENODE), a community-driven project, combines DeFi mechanics with gamified mining and has seen significant presale traction.
$BNB offers multiple utilities within Binance's ecosystem, such as fee discounts and participation in exclusive events.
$BNB maintains strong liquidity, with a market cap exceeding $142B and a circulating supply of 139.18M tokens.