Binance Coin (BNB) of the binance exchange is rising in value, scoring gains of 16% over the last 24 hours. Volumes for the coin booming. What might be behind the sudden rise?

https://cryptocoincharts.info/coins/show/bnbNever make a decision based on the 24 hours performance without knowing the fundamentals, this is called fomo and you will loose more money than you make in the longterm.