Binance Coin (BNB) has seen rapid development this year. The price of BNB is currently around 420 USD. At the beginning of the year, the price was still USD 37, before the upswing hit its all-time high of USD 690 on May 10. According to the Binance CEO, the BNB market capitalization should also approach that of two tech giants in the future.If the increase continued, it would only be a matter of time before companies like Apple or Amazon were overtaken. Binance CEO Changpeng Zhao is certain that this could become a reality in the foreseeable future.Crypto Youtuber Davinci Jeremie tweeted: \u201cI think that BNB will be bigger than Amazon or Apple because it is a share, cryptocurrency and has a smart chain.\u201d Zhao contradicted the Youtuber that BNB are shares. He agrees with Jeremie on the other points.The assumption here probably relates to the long-term course. With a BNB market capitalization of around USD 65 billion, a short-term increase to over 1 trillion is unlikely \u2014 despite the immense increase in value so far.Apple\u2019s market capitalization is $ 2.09 trillion, while Amazon still comes in at $ 1.63 trillion. For comparison: The market capitalization of all cryptocurrencies according to coinmarketcap currently amounts to 1.75 trillion USD \u2014 Bitcoin has the largest share of this with 730 billion USD.So, at the moment, the value of BNB is still a long way from the two companies. However, the crypto market has already impressively demonstrated that increases in value are possible much faster than in the stock market. It took Apple 42 years to reach a market capitalization of $ 1 trillion, and Amazon only 24 years. However, Bitcoin cracked this mark after only 12 years.The ongoing inflation should mean that the mark of a market capitalization of USD 1 trillion\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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