While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?
BNB is dying when the IEO trend is losing heat. even if they themselves cannot keep the price of the IEO project on Binance, how can investors continue to trust and hold them?This is also the reason why the value of BNB is now only $ 16 and it will continue to fall to $ 10 or $ 11 in a week. CZ has no pricing strategy for Binance these days, he is silent and there is no announcement on twitter! A very bad sign.
On the contrary, BNB will increase its price as long as IEOs succeed. Already, Binance has not harmed any IEO.
CZ, who did not harm even IEOs, which it did not pay much attention to, will never want to put BNB investors in loss. It is true that the price is falling, but it is going in the same direction as BTC, and BNB will continue to increase at the same rate when BTC catches bullish effect.
