Many who bought low, are selling now. nevertheless the price is holding up. Thats a very good sign. If the early buyers wouldnt sell (duh) it would be over $4 by now. And the thing is, when fees get implemented people WILL buy BNB. So, its a nobrainer to not step in if u ask me. IF and IF the platform will remain its position and may even climb, which isnt far out the realm of possibilities, BNB will climb steadily.
At least thats how i see it.
Correct me if im wrong.
This is why the price has dropped...
There was an issue this morning with the TRON ICO
here is the response:
We encountered a technical performance issue (related to in-memory locking) during the TRON ICO. It took some time to narrow down to the specific issue. The issue has been fixed. All 1.9B TRX has been sold successfully, all purchase records are processed correctly. The same problem will not occur in future ICOs. We apologize for the inconvenience.
The problem did not affect Binance exchange trading.
Thank you for your understanding and unwaivering support.
Binance Team
August 24, 2017