valerie_zurich (OP)
Full Member
Offline
Activity: 197
Merit: 100
Valerie, spokesperson for cryptocoincharts.info
|
|
May 18, 2018, 08:11:19 PM |
|
Binance Coin (BNB) of the binance exchange is rising in value, scoring gains of 16% over the last 24 hours. Volumes for the coin booming. What might be behind the sudden rise? https://cryptocoincharts.info/coins/show/bnb
|
|
|
|
bobo012
|
|
May 18, 2018, 08:19:40 PM |
|
Demand, there is a lot of trasding going there, and binance has become one of the top exchanges, and prefered exchange to do trading. BNB coins enable you to pay less in trading fees also, so that is maybe also fueling the desire for tokens.
|
|
|
|
Psynthax
|
|
May 18, 2018, 10:20:19 PM |
|
Demand, there is a lot of trasding going there, and binance has become one of the top exchanges, and prefered exchange to do trading. BNB coins enable you to pay less in trading fees also, so that is maybe also fueling the desire for tokens.
It's a common pump in my opinion. Dexathos looks an interesting thing for me. But it looks like there is no fundamental thing that can support the latest increase on the binance token. Sometimes some people are just pumping it and then they will be dumping it again.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Marahunter
Member
Offline
Activity: 308
Merit: 11
|
|
May 19, 2018, 04:08:48 AM |
|
Binance Coin (BNB) of the binance exchange is rising in value, scoring gains of 16% over the last 24 hours. Volumes for the coin booming. What might be behind the sudden rise? https://cryptocoincharts.info/coins/show/bnbI think exchange coins are a stable hedge against the general fluctuations of the market. MOst of the exchange coins have decently performed in the bear market for instance BIX and HT too.
|
|
|
|
saganpav
Member
Offline
Activity: 140
Merit: 10
SPOKKZ
|
|
May 19, 2018, 09:27:05 AM |
|
I think that this coin will still grow and grow. Binance is really the best exchange that many people use, so I think growth is obvious.
|
|
|
|
cygan
Legendary
Online
Activity: 3164
Merit: 7943
Crypto Swap Exchange
|
|
May 19, 2018, 09:32:47 AM Last edit: May 19, 2018, 10:14:14 AM by cygan |
|
BNB was my best invest with the most gain ever in this cryptoworld atm. i think that this token will continue his grow slowly and i hope that we see the 20$ this month too
|
|
|
|
loicuagio1979
Member
Offline
Activity: 378
Merit: 14
|
|
May 19, 2018, 09:58:12 AM |
|
The number of new trading accounts in BNB is expected to grow by more than double in comparison with late 2017. There are more and more whales, institutional investors open accounts in BNB because of low trading fee and bunch of good coins with high volume. Due to that, BNB's revenue (trading, withdrawing, listing, margin fees) will steadily grow in parallel with its market price
|
|
|
|
ajqjjj
|
|
May 19, 2018, 11:38:03 AM |
|
Binance Coin (BNB) of the binance exchange is rising in value, scoring gains of 16% over the last 24 hours. Volumes for the coin booming. What might be behind the sudden rise? https://cryptocoincharts.info/coins/show/bnbIt is great move in Crypto market but I saw the Jibrel Network coin it is going to moon in suddenly. So no one expected this hype it will raise 33% over the last 24 hours I think currently altcoins are growing well in the market so this is right time to buy Altcoins and no one is find the exact reason of sudden hype.
|
-support Bitcoin Community Bitcointalk.org- Always verify wallet to store your Bitcoin Donations are open, send PM
|
|
|
evdokimo
Jr. Member
Offline
Activity: 40
Merit: 9
Support life!
|
|
May 19, 2018, 11:49:15 AM |
|
Binance Coin (BNB) of the binance exchange is rising in value, scoring gains of 16% over the last 24 hours. Volumes for the coin booming. What might be behind the sudden rise? https://cryptocoincharts.info/coins/show/bnbNever make a decision based on the 24 hours performance without knowing the fundamentals, this is called fomo and you will loose more money than you make in the longterm.
|
|
|
|
imperatron
|
|
May 19, 2018, 12:14:33 PM |
|
Really crazy that Binance coins is still at these high levels. I remember the good old times when this coins was at 3000 satoshis and 0.1 USD man I should have bought there and hold it my whole life! I am really hating myself for that!
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
May 19, 2018, 01:27:14 PM |
|
Demand, there is a lot of trasding going there, and binance has become one of the top exchanges, and prefered exchange to do trading. BNB coins enable you to pay less in trading fees also, so that is maybe also fueling the desire for tokens.
It's a common pump in my opinion. Dexathos looks an interesting thing for me. But it looks like there is no fundamental thing that can support the latest increase on the binance token. Sometimes some people are just pumping it and then they will be dumping it again. It's not a common pump. There was a reason behind this pump of BNB, and I'm amazed people aren't realizing what exactly pulled this pump off. Read here: https://support.binance.com/hc/en-us/articles/360004047051Binance doubled the referral bonus for the accounts holding more than 500 BNB. This increased the demand of BNB. If you've a few referrals, you'll definitely like the bonus to get doubled, and in case of Binance, that can only happen if you keep 500 BNB tokens (at least).
|
|
|
|
slaman29
Legendary
Offline
Activity: 2660
Merit: 1215
Livecasino, 20% cashback, no fuss payouts.
|
|
May 19, 2018, 01:37:31 PM |
|
Common pump, due to happen every now and then, don't forget still a lot of major BNB holders with plenty of coins to bolster their short term interest. Binance is big and will get bigger, but it won't be too long before they run into the same problems as major exchanges once their support system is overwhelmed. So far, they're recruiting still more support staff to keep up and that's going well. But just wait til they reach critical mass.
|
|
|
|
alex-nn
Full Member
Offline
Activity: 462
Merit: 104
In Binance we trust!
|
|
May 20, 2018, 11:43:04 AM |
|
BNB was pumped because Binance doubled the commission from the referral program from 20% to 40% for accounts holding 500BNB or more. So people who have refs bought 500 BNB to encrease income from refs. Everybody bought 500 BNB so no more "fuel" to grow more - it will be dumped smoothly.
|
|
|
|
cryptorobbo
Newbie
Offline
Activity: 210
Merit: 0
|
|
May 20, 2018, 12:20:14 PM |
|
BNB is a good investment too. Binance is leading exchange company now at it won't change in the future, demand might even increase. Especially if they gonna make a dex, where BNB will become even more valuable.
|
|
|
|
|