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Did you know? $BNB 's price shoot up to 700 even before the $IO announcement? I knew something was up that's why I staked $FDUSD instead of converting it. Now it's sitting on its original price range. Is it insider job or purely coincidence? #bnb #io
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As I posted in my previous post, $BNB will drop significantly. It seems like the trend will be like this during launchpool. For those who bought $BNB just for launchpool, just keep it as it will recover in a few days.
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Heads up! If history repeats itself, the price of $BNB drops significantly during (not after) launch pool. It will recover a few days/week after, then the price goes up. I've noticed the trend before the beginning of btc halving around march. Let's see how the market reacts this time. #BNB #Binance55thProject(IO) #LaunchPool
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Binance is launching another coin on launchpool. I've always stake using my BNB, but now that the price reached ATH, I'm afraid it will dip down. the allocation for the launchpool is 85% BNB and only 15% on FDUSD. if I stake on BNB Pros -if price remains around the same or higher -I can stake it to gain more points on 2nd megadrop -I gain more from launchpool Cons -Price is too high -If it dip down significantly -it will be locked on staking if I stake FDUSD Pros -stable -I can swap it to different coin after launchpool Cons -FOMO is BNB goes up
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