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Topic: What is the reason for Binance price increase? - page 3. (Read 539 times)

hero member
Activity: 983
Merit: 502
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.
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.
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.
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
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.
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.
hero member
Activity: 2968
Merit: 572
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.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
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.
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.
sr. member
Activity: 893
Merit: 250
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.
hero member
Activity: 2044
Merit: 565
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
hero member
Activity: 2184
Merit: 585
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.
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.
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?
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