$BNB BNB Chain Sees Surge in Sandwich Attacks, Investors Move to More Decentralized Platforms
The BNB chain (BNB) has seen a significant increase in sandwich attacks over the past month. The decline in efficiency of the largest DEX platform has pushed investors to more decentralized platforms, with Uniswap (UNI) being the top destination. Many of these investors have also diversified into Rollblock’s (RBLK) crypto presale, which has seen an impressive 310% return so far! This crypto casino is just weeks away from its highly anticipated ICO, where it could see a 100x increase.
Record-breaking sandwich attacks crush BNB rally
Analysts have reported that a staggering 35% of transactions on the BNB chain in November were affected by these sandwich attacks. These attacks continue to impact the performance of BNB chain transactions by increasing the cost for genuine users.
These sandwich attacks have also had a major impact on the price of BNB in November. BNB price has only managed to gain 15% in the past month, while the overall cryptocurrency market has rallied by nearly 40%. BNB is currently in a 10% rout this week after the price was rejected near the $800 mark.
