What is the reason for Binance price increase?

[Prateek_sharma]

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?

[iam_aayushiJ]

I think it is increasing because coinpedia is promoting their content. Anyway, keep doing the good work.

[khiholangkang]

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

[marks1976]

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.

[Peterdav]

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.

[RondoAnyar]

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.

[passwordnow]

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.

[ivaf]

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.

[globalking]

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.

[Red-Apple]

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

[HodlerKing101]

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.

[J1mb0]

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.

[Khuongcute2503]

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 think they pumped up so people can think positively for their next IEO. Binance's promotion is really remarkable. I like them. However, I still do not like to join the IEO

[LogitechMouse]

In my opinion, these are the reason why Binance is slowly increasing.

Large community - it has a large community therefore, the volume on the exchange is high since many traders are using Binance.
IEO - The launching of IEO in the exchange helps too in the increasing price of it.
Token Burn - I think they are doing this annually if I'm not mistaken. Decreasing supply and larger demand = higher price.

[kawetsriyanto]

Do you mean the price of Binance Coin (BNB)?
Well, definitely, Binance coin is a new cryptocurrency, but it has entered the top 6 coins in the coin market cap, defeating some older and trusted coins such as XLM, TRX, EOS, and others.
I'm sure that the influence comes from the trust of the investors or token holders to the Binance platform. Nowadays, trust is very importat to mkae certain coins can be accepted by the crypto world. Binance is a big exchange, the first big popular one. And of course, there is no doubt that many people bet that this coin can be more and more valuable, as long as the increasing quality and condition of the Binance exchange 

[Belianez]

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?

This exchange is very much developing the product , and also very often pass the ieo , and to participate in them you need to keep the BNB token.

[nemey]

I'm sure that the prospect of Binance coin is very high, moreover, it comes from the best exchange of cryptocurrency in the world. Many people put their trust and guidance as to the market cap in Binance. That is why the value of the exchange will also influence the value of its coin. Moreover, BNB also has a good concept as the altcoin, with its system and continuity.

[Handsome Boy]

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?

the price of Binance coin can increase because,
1. the team always works well and of course always makes Binance project have progress every time;
2. Binance is the largest cryptocurrency exchange;
3. Binance has a high and real volume;
4. many successful projects using IEO in Binance.
so that makes the price of Binance can increase very high and I sure the price of Binance will continue to rise until whenever.

[coaprotet]

All of their announcements together, margin trading, dex launch, successful launchpads and much more. But right now, people are buying BNB tokens to be eligible to take part in the next Launchpad lottery which is around the corner.

[timmmers]

Binance coin is growing because Binance as a company is sucessful. No matter that market situation is bad, Binance exchange is earning from fees and from this earnings they can support the price of their coin.