Altcoins are rallying, but here’s why BNB is being left behind

-BNB’s price only moved up by 1.5% in the last 24 hours. 

-Bearish sentiment around the coin was dominant in the market. 

-The crypto market has become bullish, allowing several cryptos’ values to surge, but Binance Coin [BNB] investors might be at risk.

-A recent analysis mentioned that BNB was among the cryptos that had the least potential to grow, as it has already risen enough over the years.

This can be expected from BNB-

Our analysis revealed that BNB’s Social Volume remained high throughout the last week. However, sentiment around the coin turned bearish, which was evident from the drop in its Weighted Sentiment.

However, the coin’s derivatives metrics looked somewhat bullish. For instance, BNB’s Funding Rate increased, indicating its high demand in the derivatives market.

Additionally, after a slight drop, the coin’s Open Interest also moved up, indicating that the chances of a continued price uptrend were high.  #Altcoins👀🚀 #Binance​ #BNB! $BNB #bullrun2024!