The impact of CZ's release from prison on the cryptocurrency circle is mainly reflected in the following aspects:
🌏Market sentiment fluctuations:
CZ's release from prison may boost market sentiment in the short term, especially for holders of Binance platform coin (BNB), which may be regarded as a positive signal.
If nothing unexpected happens, CZ will be released from prison on September 29, which will benefit a series of tokens. Now you can ambush in advance:
1. $BNB : Binance Gold Shovel brings a surge in demand for BNB, and secondly, BNB quarterly repurchase and destruction is also approaching; Operation: $HMSTR can be appropriately exited before the end of Launchpool, and then choose to intervene at a low level.
2. Dex leader $CAKE : Pancake token, a direct project of Binance, will have a linkage increase. Operation: The current price of 1.956 is the entry point, and the short-term target is above 2.57.
3. Lending leader $venus If Pancake is called Dragon One, then Venus is also Dragon Two.
4. LSD leader: TranchessLSD is one of the hot narratives this year, and in the BNB Chain ecosystem, Tranchess is a very important existence. In fact, at the beginning of Tranchess's launch, it took on the important task of locking more BTC and ETH for BNB Chain.
5. $BNX : There are many games in the BNB Chain ecosystem, but I think the most playable ones are mainly MOBOX and BNX. MOBOX is one of Binance's main portfolios. Previously, it was directly implanted in the Binance APP or implanted to obtain traffic support. Although there have been few actions recently, it is still a project worth paying attention to in the game track. BNX is one of the most active BNB ecological games recently, releasing a new game AI Hero and releasing 404 tokens.
✈️Binance's business strategy: CZ may continue to influence Binance's long-term strategy and business direction. Although he may be legally restricted, he may still have influence on the company through informal channels.
🎧Regulatory environment: CZ's case may be used as a reference by other cryptocurrency exchanges and projects to better understand and comply with regulatory requirements, especially within the legal framework of major markets such as the United States.
💰Investor education and awareness: CZ's experience may be used as part of investor education to remind investors about the risks of cryptocurrency investments.