What is the reason for Binance price increase? - page 3.

J1mb0

hero member

Activity: 983

Merit: 502

Quote from: Prateek_sharma on August 08, 2019, 03:04:05 AM

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?

In the past 1 day, BNB price has increased to $ 4. This is really great for buyers and hold it. In addition, the reason BNB rises so strongly is because they have just announced the new IEO project, which has FOMO to help increase the BNB price.

Shallow

sr. member

Activity: 938

Merit: 255

SmartFi - EARN, LEND & TRADE

Well, isn't it evident? Taking a look on the platform shows that the team is actively working with results to show for it and this is what drives investors into investing in any platform or project. Therefore, with Binance constantly improving their products and services will keep making their coin valuable.

HodlerKing101

jr. member

Activity: 199

Merit: 1

I'm having no doubts regarding their price increase, considering that they are the top and go-to exchange for everyone in the market, for both projects, and investors. They're also listing quality coins that already have an actual user base of people which will help Binance onboard new users. Those factors right there will for sure help BNB's price in the long run.

Red-Apple

hero member

Activity: 1470

Merit: 655

of course when you zoom in so much that you don't see anything past the 24 hours, it would look like a "price increase" but if you zoom out to a normal view you can see that this current rise is just a dead cat bounce where the price is recovery from the 50% dump that occurred recently.

the only time you can call it a pump is if it goes back to 0.05 again. and it currently is around 0.025

globalking

copper member

Activity: 644

Merit: 0

POINTPAY

its all about the people faith in Binance exchange that the reason the price of Binance coin going up while the rest of the altcoins are going down.

ivaf

full member

Activity: 980

Merit: 109

Why are you surprised? Binance is now one of the most popular trading floors. It occupies a leading position. Of course, the price of a coin follows these trends.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

We must simply acknowledge that whenever the price of a certain coin goes up, it's a typical market motion.
Binance goes up and it's demand has increased for the meanwhile and if there might be some reason it's just the people who's accumulating and buying Binance coin.

RondoAnyar

full member

Activity: 651

Merit: 101

$CYBERCASH METAVERSE

Quote from: Prateek_sharma on August 08, 2019, 03:04:05 AM

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 see if binance is now one of the best exchanges with large volumes. in terms of price, binance has advantages over other exchanges. so I think binance is now a natural thing if binance has a better improvement than others.

Peterdav

full member

Activity: 840

Merit: 100

I don't know why Binance price increase highly, i think Binance have a good development in their project. And their have many great IEO project which requires investors to hold BNB Coin before invest in IEO on Binance Launchpad.

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: Prateek_sharma on August 08, 2019, 03:04:05 AM

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?

Binance is doing better and better every day. but i can't even see something big that has been made a bull trend for binance. it looks like the bulltrend of binance coin caused by the perlin project.
It seems like binance is more transparent right now.
People are feeling happy if the binance leaked ID just another FUD.

khiholangkang

hero member

Activity: 2184

Merit: 599

The price of Binance (BNB) rise due to Binance Launchpad
The IEO project in Binance on average always gains success, and for those who want to buy tokens on the Binance launchpad are required to hold BNB tokens for a certain period of time, I think that's what keeps BNB prices going up

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

Binance coins have the potential to grow because of their active developments, this is no longer new. judging by the price today it is the same as the other coins that have the same popularity with BNB coins. some will follow its footstep and it will also increase its price in the near future.

iam_aayushiJ

member

Activity: 190

Merit: 15

Customer Support at https://coinswitch.co/

I think it is increasing because coinpedia is promoting their content. Anyway, keep doing the good work.

Prateek_sharma

jr. member

Activity: 289

Merit: 3

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?

Topic: What is the reason for Binance price increase? - page 3. (Read 590 times)