Binance is one of the market makers in #crypto , it has large assets, such as millions of #btc , and it has a large weight in the crypto market.
As we know, companies and financial institutions have analysts and tools that enable them to proactively know market fluctuations and movements.
Several times when we are close to going down, Binance does something smart that keeps its #BNB⁩ stable from going down, What is it?
Every time, 2-4 days before the start of the Bearish, Binance releases a new Launchpad.
Why #Launchpad ?
Before the Coin are launched, the holder holds the #BNB⁩ for a period determined by Binance, which is usually more than 4 days. Upon completion, Binance share some partition of this coin it launches and usually a very low percentage
What is the benefit of Binance?
On the same days when there is a Launchpad and the holder is holding the BNB, that is, the sale of the BNBis non-existent and therefore the price remains stable, As for the rest of the Coins, they are bleeding strongly.
This is what is happening today With #RENZOLAUNCHPOOOL and happened in the past days with the launchpad of other Cryptocoins such as ENA ARKHAM ID HOOK and others, And you can confirm it. Go back to the chart and look at the Launchpad dates and how cryptocurrencies and BNB in particular have interacted.