how hard will Binance coin (BNB) get dumped?

[LogitechMouse]

I don't think BNB will dump hard after the incident that happened yesterday.

As long as they will solve this problem then their will be no problem in it. In fact, this is a good time to buy a bit of BNB to hold because the price got dumped. We know already that Binance is a very reputable exchange and BNB for me is a good coin to hold for a long run.

[NeuroticFish]

I don't think BNB will dump hard after the incident that happened yesterday.

It already went down ~10%, losing all the gain from April 17 to day. And I expect it'll go lower, at least for a while.
As others said, BNB was a bit overpriced already.
If a better exchange will rise after this mishap (which history shows it has happened in the past) then Binance market share (and BNB quotations) will go down and won't come back up.

[Maslate]

with all the drama about Binance today after they got hacked and also the fact that BNB was already in a big bubble after its pump, how hard do you think their token is going to get dumped now that their business is facing a crisis?

Nothing happened to their coins thus far, seems like no crisis as all, Bitcoin even pump today and reached over $6,000.
BNB on the other hand is still steady, looks like people did not lost its trust with Binance.

[pageraji]

If you see what happen thats day bitcoin price is have little dump and bnb too, but bitcoin sv is increasing more than 8 percent, i dont know what happen but its intersting in this sequel drama..

[The Sceptical Chymist]

BNB was already in a big bubble after its pump

Really?  I genuinely hadn't noticed that--I never bought any BNB, but I ended up owning some just from doing trades on Binance, and it didn't seem to me to be on fire or anything.  And right now I could care less if it drops to zero, because I'm having some hard feelings toward Binance ever since they suspended deposits and withdrawals.  There's no word as to when they expect to have those functions back up and running, and I just want to get my coins off that exchange ASAP.

But as far as BNB goes, if Binance gets through this debacle unscathed (relatively speaking), I don't think their coin will suffer all that much.  They have enough of a loyal customer base such that there will still be plenty of support for BNB.  Personally I don't see what the big deal is about the coin.  It's not something I'd want to keep as an investment, and I don't think it offers any advantage over everything else that's on the market--but I've heard it mentioned enough times that I know it has a following, and that following likely won't be diminished because of this hack.  We'll see.

[prtty2gal2]

with all the drama about Binance today after they got hacked and also the fact that BNB was already in a big bubble after its pump, how hard do you think their token is going to get dumped now that their business is facing a crisis?

You don’t trust Binance again, you want all their users to lose all the benefit they are enjoying from Binance if they dump the coin, I can see they have already even put some control tools in place by first disabling deposit and withdrawal on the exchange to avoid this,.

Right now, what they will be doing is media publicity to allay the fears of users and what they have been able to put in place to further control or stop any future occurrences. So I dent think there will be any major dump and if there is any, it will be a plus for me, because I will get the opportunity I have been hoping for to buy the coin.

[Ayiranorea]

Even after such a big hack the value of Binance coin hasn't got affected big. The price has come low to $20, if it has happened with any of the other leading cryptocurrencies now this could've made a big change in the market fall of the respective coin. With the exchange support BNB is made to stay strong in the market, maybe in the falling days there will be further price dumps.

[Siren]

I am surprised that BNB is being pumped at gate.io after the hack. Is it the work of Justin Sun and CZ bots? Both surely have a lots of BNB coins to sell. If BNB coins were stolen, CZ would surely have made a rollback...

40$ million is huge amount but this is not enough reason for binance to just drop to nothing, look how large the capitalization of BNB in market so from this they can surely cover the losses.

And the credibility of binance will remain if they. Can passed this crisis,though many exchange has beem also hacked but until now remains credible and trustworthy

[Whosdaddy]

i think it will not get that much dump,. but the exchange credibility will go down as security is the main thing in one exchange ( unless this hack was all for drama  )..

Wow, it is really a shame that they will no longer be able to boast of full protection of their users, and they finally have a stain already that they have once been hacked, but that still will not stop them from functioning well, I really wish they can get hold of the culprit.

Oh my Binance, see how it has been disgraced in the midst of the hype that got everyone talking about them, anyway, I still don’t see any other exchange that will meet up to their standard before they get back on their feet, so I am not worried much about them losing their reputation because I know they still have lots of plans for their community that will really wow them and make them forget the past.

[consideritdone]

BNB going below $20, its pressure since the incident https://www.coingecko.com/en/coins/binance-coin

[pey]

To me, BNB is not different much than useless tokens, no one can actually invest in bnb. It's rather a token you can trade and make use of it for fee discount etc.

[toast]

BNB going below $20, its pressure since the incident https://www.coingecko.com/en/coins/binance-coin

yes, now it is under $ 20, but we don't know what the BNB will be like. It could be that BNB returned its condition and resolved the incident so that it would run properly or it could have fallen. BNB has a strong team so I'm sure they will be able to overcome it.

[kenzawak]

I think Binance will be fine with Launchpad and the new IEOS, some coins already joining Binance chain and the so-called DEX trading soon.
It's just a matter of time.

[Hamphser]

Even after such a big hack the value of Binance coin hasn't got affected big. The price has come low to $20, if it has happened with any of the other leading cryptocurrencies now this could've made a big change in the market fall of the respective coin. With the exchange support BNB is made to stay strong in the market, maybe in the falling days there will be further price dumps.

Those who withdraw in BNB, soon will find their place back on it, maybe they we're scared now but Binance is much better than other exchanges, they will just wait until it's much securer again to be in binance.

Possible! The price havent dump inspite of the hack which do proves out that people do still trust up this exchange.When it comes to security,they might have been breached but for now
they are more secure yet they do know that they have flawed in the past.Good thing on compensating the lost funds which is unusual on most exchangers that do being hacked.
I do see that people do still trust them even me.

[pageraji]

Now its get pumped because tomorrow binance launch IEO harmony.one, for user have to staking at least 50 bnb coin when they want to buy harmony on ieo.

[jonaire99]

Binance and its official coin, bnb, will only experience some mild dump but will not suffer a crisis like the other previously hacked exchanges. The management had already created a SAFU or the Secure Asset Fund for the Users and this separate fund will use as a insurance for the users of binance exchange. The bnb coin is also safe from hard dump as it continue to go up breaking its all-time high this year.

[5ensei]

BNB is surprisingly doing well, but it's risky as a one trick pony. if anything happens to binance then the token will be completely worthless. As we have seen binance isn't safu, it can be hacked and it is the number one target for any hacker. Worth keeping some for trades, but not for investing

[BluRPie]

I am kicking myself because I sold my bnb last week when I thought it was finished going up. I'll see where I buy again.

[Adriano2010]

As we can see Binance coin not was drop in price and not was also dumped, but i hope on future the Binance exchange will be more carefull and take all measures to not happen again a hack.

[SMOKEU]

Binance will not fall down very fast.. as long as they are real and no fraud.. even the recent hacked it has no effect to BNB