This is true but this is not the only reason BNB is rising. There are a lot of factors combined.
Im not sure their lots of factor other than it, In my local community and so many people are rushing to buy BNB to participate in the next IEO.
They were getting crazy to ear 20x ROI from the IEO that will be launched on the binance exchange site. Im sure that will be dumped again after the IEO already done. This is FOMO for BNB.
People are going crazy after they were seeing the ROI of Litentry