3 reasons why ETH, BNB, and TAMA cryptocurrencies are having an explosive pump this week

The most popular altcoin is Ethereum, which a lot of investors and enthusiasts consider to be much more than just another cryptocurrency. Experts also believe that even after a difficult first half of the year, it may surpass $4,000 again in 2022.

Ether (ETH), the native coin of Ethereum, has experienced tremendous value growth since its launch in 2015. The price of ether, a cryptocurrency created by computer engineer Vitalik Buterin, has climbed from $0.311 at the time of its inception in 2015 to around $4,800 at its peak late last year, with significant price fluctuation along the way.

The wildly famous crypto known as Binance Coin (BNB) was developed by the renowned Binance Exchange. It’s interesting to note that BNB was introduced as an ERC-20 token on the Ethereum platform (similar to Tron and a lot of other big-name cryptocurrencies).

Within three weeks, Binance Coin’s first Initial Coin Offering (ICO) raised $15 million. Since then, BNB has switched to the Binance blockchain from the Ethereum blockchain.

According to CoinMarketCap, there were 161 million BNB in circulation as of the end of last month, and it had a $44.5 billion market valuation, ranking it as the fifth-largest cryptocurrency.