What are the recent stock splits in the cryptocurrency market for 2022?

1 answers

• Sean Sok AnMar 24, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, has observed several stock splits in the cryptocurrency market for 2022. One notable split was the Binance Coin (BNB) stock split, which occurred on February 10th. This split resulted in a 3-for-1 split, meaning that for every share of BNB held, investors received two additional shares. The purpose of this split was to increase the liquidity of BNB and make it more accessible to retail investors. Following the split, the price of BNB initially saw a slight decrease, but it quickly recovered and continued its upward trajectory. The market capitalization of BNB also experienced a significant increase as a result of the split.
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