# ATH

By [aundingoya.eth](https://paragraph.com/@aundingoya.eth) · 2024-06-06

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BNB Hits Record High Amidst Binance's Nigeria Woes

BNB, Binance's native token, soared by 11.8% to $708, surpassing its previous peak. The surge, fueled by Binance Launchpool's support for Notcoin, coincides with Binance's struggles in Nigeria.

Key Points:

\- Binance Launchpool boosts BNB's rally, supporting Notcoin with a $2.2 billion market cap.

\- Despite Binance's Nigeria troubles, BNB's trading volume exceeds $3.3 billion, with a market cap of $108.8 billion.

\- BNB's success stems from Launchpool's popularity, allowing users to stake tokens for new offerings.

Despite challenges, BNB's surge mirrors broader market gains, though concerns about Binance's leadership persist.

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*Originally published on [aundingoya.eth](https://paragraph.com/@aundingoya.eth/ath)*