I am sure its IEO hype and nothing more, this is the reason why i dont buy bnb.
I think soon scm ieo's kill this crowdfunding method
Topic: What is the reason for Binance price increase? - page 2. (Read 590 times)
Binance does not stand still and every day it becomes a little better. Their desire to remain the best and the ideas that they implement affect the price of their coins.
The sole reason for the increase of Binance Coin is Binance exchange. Binance exchange has received unprecedented support from the community and traders in a short span of time. It has also managed to satisfy its customers. I love this exchange.
In addition to what others have commented before now of the reason behind the Binance price rise, I would like to add this that, we shouldn't forget the true power of Binance when it come to cryptocurrency, they have mite IEOs this days and all of these IEOs are expected to buy their tokens and also, their content are been promoted by one of the reputable content promoters.
I want to say that Binance is very suitable for novice operations, marketing, and of course the team's technical strength is also very good. Many people like this trading platform. BNB prices have risen. I think the most important thing is because of the implementation of IEO.
first launched, binance same as other exchanges that use other platforms for its tokens, but now they have evolved into one of the top coins and they already have their own blockchain. binance also always provides the latest innovations, such as IEO and DEX, this has attracted many investors and triggered rapid growth for BNB.
The recent price soar of BNB is obviously because of the PERLIN IEO on Binance launchpad soon. People are taking position in order to get in the IEO since from the records, Binance IEOs have been profitable. We should see a slight dump after the IEO as always, but not certain anyways.
Well!1 Popular cryptocurrency binance price has increased very well as compared to the other altcoins, this means binance is showing positive signs for the investors.
As binance is developing every day after the binance hack.
What's your take on this?
I think it is because for now there is no strong competitor for Binance but nothing last forever, I do believe that there will be an exchange to take over Binance and Binance itself will be like other ex-popular exchanges. As binance is developing every day after the binance hack.
What's your take on this?
BNB delivered their promise unlike other projects, also their exchange is dominating in terms of trading volume so that also attract people to invest.
It cannot be denied that BTC has grown multiple times this year already, in fact it reached 35 usd this year which is its highest while it can only be bought at 6 usd a piece during the start of the year.
If we look at the graph, we can see that the growth is very consistent and that says this is a solid coin and and solid investment.
It cannot be denied that BTC has grown multiple times this year already, in fact it reached 35 usd this year which is its highest while it can only be bought at 6 usd a piece during the start of the year.
If we look at the graph, we can see that the growth is very consistent and that says this is a solid coin and and solid investment.
I guess the reason why BNB is increasing maybe because of the popularity of exchange and most of IEOs in binance were successful, so investors interested to invest in BNB.
Exactly, as I watched, BNB prices always increased after they announced IEO a new project. And this time is the same as many times before. And I think this is the only reason why BNB has been continuously increasing until now
in my opinion binance can be said as the second largest altcoin besides ethereum, why? because binance has good development, many people talk about it. on the one hand I am also one of the holders of altcoin binance and I believe binance has great potential for long-term investment.
Binance coin is growing because Binance as a company is sucessful. No matter that market situation is bad, Binance exchange is earning from fees and from this earnings they can support the price of their coin. 
All of their announcements together, margin trading, dex launch, successful launchpads and much more. But right now, people are buying BNB tokens to be eligible to take part in the next Launchpad lottery which is around the corner.
Well!1 Popular cryptocurrency binance price has increased very well as compared to the other altcoins, this means binance is showing positive signs for the investors.
As binance is developing every day after the binance hack.
What's your take on this?
As binance is developing every day after the binance hack.
What's your take on this?
the price of Binance coin can increase because,
1. the team always works well and of course always makes Binance project have progress every time;
2. Binance is the largest cryptocurrency exchange;
3. Binance has a high and real volume;
4. many successful projects using IEO in Binance.
so that makes the price of Binance can increase very high and I sure the price of Binance will continue to rise until whenever.
I'm sure that the prospect of Binance coin is very high, moreover, it comes from the best exchange of cryptocurrency in the world. Many people put their trust and guidance as to the market cap in Binance. That is why the value of the exchange will also influence the value of its coin. Moreover, BNB also has a good concept as the altcoin, with its system and continuity.
Well!1 Popular cryptocurrency binance price has increased very well as compared to the other altcoins, this means binance is showing positive signs for the investors.
As binance is developing every day after the binance hack.
What's your take on this?
This exchange is very much developing the product , and also very often pass the ieo , and to participate in them you need to keep the BNB token. As binance is developing every day after the binance hack.
What's your take on this?
Binance (https://www.crypto-rating.com/cryptocurrency-exchanges/binance/) launched an IEO, could be one of the reasons for the increase, and they have been promoting their project. I think it has pretty good potential honestly
Do you mean the price of Binance Coin (BNB)?
Well, definitely, Binance coin is a new cryptocurrency, but it has entered the top 6 coins in the coin market cap, defeating some older and trusted coins such as XLM, TRX, EOS, and others.
I'm sure that the influence comes from the trust of the investors or token holders to the Binance platform. Nowadays, trust is very importat to mkae certain coins can be accepted by the crypto world. Binance is a big exchange, the first big popular one. And of course, there is no doubt that many people bet that this coin can be more and more valuable, as long as the increasing quality and condition of the Binance exchange
Well, definitely, Binance coin is a new cryptocurrency, but it has entered the top 6 coins in the coin market cap, defeating some older and trusted coins such as XLM, TRX, EOS, and others.
I'm sure that the influence comes from the trust of the investors or token holders to the Binance platform. Nowadays, trust is very importat to mkae certain coins can be accepted by the crypto world. Binance is a big exchange, the first big popular one. And of course, there is no doubt that many people bet that this coin can be more and more valuable, as long as the increasing quality and condition of the Binance exchange
In my opinion, these are the reason why Binance is slowly increasing.
Large community - it has a large community therefore, the volume on the exchange is high since many traders are using Binance.
IEO - The launching of IEO in the exchange helps too in the increasing price of it.
Token Burn - I think they are doing this annually if I'm not mistaken. Decreasing supply and larger demand = higher price.
Large community - it has a large community therefore, the volume on the exchange is high since many traders are using Binance.
IEO - The launching of IEO in the exchange helps too in the increasing price of it.
Token Burn - I think they are doing this annually if I'm not mistaken. Decreasing supply and larger demand = higher price.
Well!1 Popular cryptocurrency binance price has increased very well as compared to the other altcoins, this means binance is showing positive signs for the investors.
As binance is developing every day after the binance hack.
What's your take on this?
I think they pumped up so people can think positively for their next IEO. Binance's promotion is really remarkable. I like them. However, I still do not like to join the IEO As binance is developing every day after the binance hack.
What's your take on this?
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