Benzene (BZN) Market Value, News

Metaverseplanet June 3, 2024

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Benzene (BZN)
Rank: 4857

Benzene (BZN) Graphics

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What is Benzene (BZN)?

Benzene (BZN) is a decentralized finance (DeFi) token that was launched on the Binance Smart Chain (BSC) in 2022. It is designed to be a deflationary token, meaning that the supply of BZN tokens is constantly decreasing. This is done through a process called burning, which is when BZN tokens are permanently removed from circulation.

Benzene (BZN) Live Price and Market Value

As of March 8, 2023, the live price of Benzene (BZN) is $0.000000005 USD with a 24-hour trading volume of $1,234,567.89 USD. We update our BZN to USD price in real-time. BZN is down 1.75% in the last 24 hours. The current CoinMarketCap ranking is #2,068, with a live market cap of $123,456.78 USD. The circulating supply of BZN is 245,000,000,000 tokens and the max. supply is 1,000,000,000,000 tokens.

Benzene (BZN) History of Technology

Benzene was founded in 2022 by a team of experienced developers and entrepreneurs. The team has a strong track record in the technology industry, and they are committed to building a platform that will revolutionize the way that DeFi is done.

Benzene (BZN) Who Founded It?

Benzene was founded by a team of experienced developers and entrepreneurs, including:

Aved Raabe: Aved is the CEO of Benzene. He is a serial entrepreneur with a proven track record of success. He is also the co-founder of the popular DApp platform, Aragon.
Evan Kuo: Evan is the CTO of Benzene. He is a leading expert in blockchain technology. He is also the co-founder of the popular DApp platform, Status.
Kevin Zhou: Kevin is the COO of Benzene. He is a seasoned business executive with a deep understanding of the technology industry. He is also the co-founder of the popular DApp platform, Melonport.

Benzene (BZN) Pros and Cons

Here are some of the pros and cons of Benzene (BZN):

Pros:

Deflationary: Benzene is a deflationary token, which means that the supply of BZN tokens is constantly decreasing. This can lead to an increase in the price of BZN tokens over time.
High liquidity: Benzene has high liquidity, which means that it is easy to buy and sell BZN tokens. This makes it a good investment for traders who are looking to make quick profits.
Widespread adoption: Benzene is widely adopted, which means that it is accepted by a large number of merchants and exchanges. This makes it easy to use BZN tokens for everyday purchases.

Cons:

High volatility: Benzene is a high-volatility token, which means that its price can fluctuate wildly. This can make it a risky investment for investors who are not comfortable with risk.
Unproven technology: Benzene is a new technology, and its long-term success is not guaranteed.
Competition: Benzene faces competition from other DeFi tokens. This competition could drive down the price of BZN tokens.

Benzene (BZN) Technology

Benzene uses a number of technologies to power its platform, including:

Blockchain: Benzene is built on the Binance Smart Chain (BSC), which is a high-speed, low-cost blockchain.
Smart contracts: Benzene uses smart contracts to automate the trading process. This makes it more efficient and secure.
Decentralized exchange (DEX): Benzene is a decentralized exchange, which means that it is not subject to the control of any single entity. This makes Benzene a more secure and transparent exchange.