Will BNB make up for the increase? NDV jointly established a position of US$8 million to be bullish on the second half of the bull market
According to the "Odaily Planet Daily" report, NDV Lianchuang Christian2022.eth recently published an article on the X platform and revealed that since October, he has successively opened a position in BNB of more than 8 million US dollars, and expressed high expectations for the market in the second half of the bull market. . He believes that BNB and ETH will usher in a compensatory increase and are even expected to lead the market.
Christian2022.eth emphasized that the core value of BNB comes from the strong support of the Binance platform, including huge cash repurchases and Launchpool’s new currency issuance activities. Although the rapid rise of decentralized exchanges (DEX) this year has diverted some of the market share of centralized exchanges (CEX), Binance has still maintained its solid wealth effect. Recent cases of new currency listings also show that Binance remains unbeatable in terms of asset liquidity and user appeal.
His analysis pointed out that the current market is gradually returning to the value logic of Gas coins, and the performance of public chain tokens such as SOL has attracted a lot of attention. In contrast, the popularity of Layer 2 and governance tokens has waned, indicating that narrative alone cannot support long-term value. As a public chain with a strong user base and a stable capital scale, BNB Chain lacks market hot spots to drive sentiment, so its potential has not yet been fully unleashed.
In addition, Christian2022.eth believes that BNB’s ecological craze is just “late but not absent”. He noted that on-chain prosperity has improved significantly from just a few months ago. Although the proportion of BNB holdings in European and American markets is currently relatively low, as the wealth effect emerges, more investors will join in, which may lead to greater market consensus.
He also warned of some potential risks, including the decline in the wealth effect of the Launchpool project, the slow development of the BNB Chain ecosystem due to lack of sufficient support, and the adverse impact that MEV issues and compliance challenges on the chain may have on prices.
As of the time of publication, the price of BNB was US$627.66, up 2.23% on the day; the price of ETH was US$3,109.95, up 0.87%; and SOL was US$243.93, up 9.01%.
Disclaimer:
This article is a third-party opinion and is for informational purposes only and is not financial advice. Article may contain sponsored content, please see relevant terms.
