Binance Coin, identified by the ticker BNB, started as an ERC-20 token on the Ethereum network before transitioning to Binance Chain. Known for its periodic coin burns, BNB was initially created to reduce gas fees. Over time, it has grown beyond this purpose, finding applications in different online services. Despite experiencing a decrease in its The post BNB Coin Price: Will BNB Coin Recover In 2024? appeared first on CoinGape .