Binance Square

Últimas noticias sobre BNB, actualizaciones del precio y tendencias del mercado

--

BNB Drops Below 610 USDT with a 1.55% Decrease in 24 Hours

On Nov 20, 2024, 12:46 PM(UTC). According to Binance Market Data, BNB has dropped below 610 USDT and is now trading at 609.659973 USDT, with a narrowed 1.55% decrease in 24 hours.
2
--

NDV Lianchuang Builds $8M BNB Position, Predicts BNB and ETH Will Lead Bull Market

NDV co-founder Christian2022.eth disclosed via X that NDV has gradually accumulated over $8 million worth of Binance Coin (BNB) since October 2024. Christian expressed confidence that BNB and Ethereum (ETH) will "make up for the rise" and dominate the second half of the bull market, supported by strong fundamentals and market dynamics.Key Factors Supporting BNB’s PotentialChristian outlined several reasons for his bullish stance on BNB:Cash Buybacks and Listings Boost BNB:Binance’s ongoing cash buybacks and Launchpool listings strengthen BNB’s position. While on-chain trading has grown significantly, Binance’s dominant wealth effect remains intact, providing stability and growth opportunities for BNB.Shift from Governance Tokens to Gas Coins:The underperformance of Layer 2 and governance tokens this year demonstrates the limitations of narrative-driven investments. Instead, public chain utility coins like BNB and Solana (SOL) are gaining traction due to their direct use cases.Future Growth in Western Markets:Currently, BNB holders are predominantly from Asia, creating significant untapped potential in Western markets. Christian notes that as the wealth effect spreads, more European and American investors will adopt BNB, replicating Solana's success in uniting Eastern and Western market consensus.Improving Ecosystem:The BNB Chain ecosystem has seen noticeable growth and improvement in recent months, suggesting a delayed but inevitable rise in its popularity and adoption.Risks to Watch for BNB GrowthDespite the optimistic outlook, Christian cautioned about potential risks, including:Declining wealth effect from Launchpool’s venture capital tokens.Delayed ecosystem development due to insufficient support.MEV (Maximal Extractable Value) issues on the chain.Compliance challenges that may hinder further adoption.
18
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
Binance News
@Binance_News
Sitemap
Cookie Preferences
Platform T&Cs