Post
Topic
Board Altcoin Discussion
Re: Binance's BNB price reached new ATH against Bitcoin!!!
by
Jawhead999
on 07/11/2022, 04:23:25 UTC
??  But doesn't Binance break it ATH yet?  I also believe that Binance is a promising cryptocurrency but I do not think that this is something we have to be happy with since the Binance market is still in bearish sentiment.  Remember Binance is still on 50% of its ATH meaning it needs a 100% price increase to recover.  All though this maybe a milestone for Binance but it doesn't remove the fact that people that invest on its peak are still at a loss.
The @OP graph is using BNB/BTC pair, not BTC/USD pair, that's why the graph is different. Well even though BNB reach new ATH against BTC, it's just temporary since CZ is making a new hype. When CZ didn't do anything and Binance isn't become top 1 the most popular exchange, you can expect BNB price will continue to decrease. BNB is just a shitcoin that's the price stick with Binance exchange. When Binance got hacked and the hacker can stole all of Binance hot wallet, it will end like Mt.Gox.