What made BNB rise to near 0.004 BTC mark?

[2double0]

Why is it that BNB (Binance coin) went up so quick?
Was it the token burn or something else? BNB looks one or the most promising investments even at current price and I think that it has the potential to be worth more than $100 one day soon. I want to know what were the fundamentals that took it so high in just a few days. More than 2x in just a few days shows how much faith everyone has in this coin.

[1715566852]

1715566852

[1715566852]

1715566852

[kenzawak]

Around +150% in a few weeks.
A few things that could explain this :
-their launchpad service with 2 very succesful ICOs already (Fetch and Bittorent)
-the launch of their DEX testnet
-some kind of partnership with Argentina
https://www.newsbtc.com/2019/03/07/binance-coin-bnb-defying-gravity-after-sovereign-backing/
-the coin burn

[guoyu78]

Right from the onset of binancez I knew that it was a good project and might worth investing so I bought of lot of binance coin in 2017 and I have never regretted ever buying it, I am surprised with the way I see an increase in the price of BNB because of their constant upgrade and introduction of new features couple with the introduction of a decentralized exchange with a lot of features.

I love what the binance team are doing and I urge them to keep up the good work so that we might continue to see a moon in the price.

[pageraji]

Binance did a great strategy and marketing of BNB coins, they have come out of a shitcoin curse, with dex platform and BNB as a gas ecosystem the coin has been successfully realized ..

[laurencef34]

Why is it that BNB (Binance coin) went up so quick?
Was it the token burn or something else? BNB looks one or the most promising investments even at current price and I think that it has the potential to be worth more than $100 one day soon. I want to know what were the fundamentals that took it so high in just a few days. More than 2x in just a few days shows how much faith everyone has in this coin.

Binance Coin [BNB] continued its bullish swing by overtaking TRON [TRX], in terms of market capitalization. The coin is now placed ninth on CoinMarketCap, three spots higher than its position a month ago. Good thing also that I'm currently in my research about the upcoming cryptoexchange platform named Bitrus, which aims to operate remittances through their system. Anyway, Binance Coin was once again, one of the biggest gainers in the top 10, gaining against the US dollar by a mere 0.43 percent. It was trading at $11.02, a massive 66.96 percent price increase compared to its price a month ago, which stood at $6.60. At press time, the coin’s total market cap was at $1.55 billion. Furthermore, if BNB’s bullish rise persists, Stellar Lumens [XLM] could also be trailing BNB as XLM is just $60 million ahead of a rising Binance Coin in terms of market cap. Binance took the top spot in terms of BNB trading volume via the BNB/USDT and BNB/BTC trading pairs, each accounting for 36.67 percent and 29.47 percent of the trading volume. Hopefully this surge of BNB will continue on...