Binance Coin up to 15$ [+16%]

[valerie_zurich]

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

[1714521281]

1714521281

[bobo012]

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]

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.

[Marahunter]

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

I 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]

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]

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]

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]

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

It 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.

[evdokimo]

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

Never 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]

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]

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/360004047051

Binance 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]

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]

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]

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.