Launched by Binance, the world’s largest cryptocurrency exchange, BNB managed to shake off the dead soil after a long time.
cryptocurrency exchange With FTX’s bankruptcy in 2022 However, BNB, which was seriously affected by the loss of trust in centralized exchanges (CEX), has finally started to recover.
by Binance 2017 BNB, issued in 2017, was recently $386, highest since FTX crash reached. The rise of the BNB price has gained new momentum thanks to both the return of trust in central exchanges and the activities of the exchange.
Binance recently launched the WEB3 gaming project. portal for launch pad By making his announcement, he managed to ignite a new rise in the BNB price. The exchange strengthened the upward momentum for BNB by similarly launching launchpad projects in the past bull seasons.
On-chain analysis platform Arkham Intelligence has announced that investors are interested in the upcoming game project Portal. from airdrop within 24 hours to benefit $400 million on BNB transfer He stated that he did.
On the other hand, Binance made another announcement on February 22. in the statementsubstantially BUSD (BUSD) And True USD (TUSD) He shared that stablecoin burning will be carried out. It is thought that this statement also had a positive impact on the price.
In the past period, the USA’s Binance and its founder Changpeng Zhao (CZ) The lawsuit he initiated privately and the fines he imposed also contributed to the bad course of BNB. Zhao is still waiting in the USA for the final decision on him, and it is thought that any news from there may have an impact on the BNB price.
According to CoinGecko data Priced at $686 in May 2021 BNB reached its all-time high at the time of writing 381 It is traded in dollars.