Crypto News

‘BNB does not decrease’: CZ Slams Slams stimulates fear and doubt

According to reports, BNB has shown unusual power during the latest market that took up for about $ 20 billion for terminated. The token starts at the beginning – Subscriptions for about 2-3% during the first shock – and later sold above $ 1,130, to get more than 10% of the 24 hours as consumers returned.

CZ Rading Back to Character

Changpeng Zhao, the chief of the Consuause, replied critics to the social media that suggested the price of BNB prices.

You laugh at those who raise the alarm, using funny emoji and urges people to share many BNB power examples.

He also said I did not know any combined things to buy or sell BNB in ​​recent days and be highlighted by the public and infrastructure after chain as reasons for confidence.

According to CoinMarkCap Information, a limited deduction of BNB puts you in the same group as Bitcoin among the top coins recording a little daily loss during the artificial event. That placed BNB with a small set of goods exceeding peers while the market bummer.

Community and use provides support

Reports have disclosed a few applicable reasons why BNB is delayed. The token offers trading currency, more important when convertible spikes and the trade volume rise.

Network revenue also rises at work, provided the actual need for procurement than speculation. BNB’s Deflationary Token Design was mentioned as one thing that can support the price under pressure.

Some viewers point to an additional feature: lack of market engagement. CZ has repeated that this form, and the project does not rely on price commercial businesses, and that the series of series and basic services help to be stolen.

Views for analysis and market travel

The prominent seller Altcoin Sherpa describes the mark that he is “madly,” which he sees that his warming was amazing even in broad market. Market participants noticed when the intraday’s intraday loss occurred deeply than its seven-day decrease, which suggests that the purchase is re-based on the main levels after extra sales.

Some statistics in the crypto space reported that some meme-focus tokens are included about 80% at the same time. In contrast, the deepest BNB immersion is reached about 17% before it is found – the pattern left by the sellers being driven by a real need or a specific Binance Ecosystem.

Picture included from Getty, Chart from Trading Sell



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