Binance's native blockchain token (BNB) experienced a dip in price after the SEC fiasco. The exchange is facing heavy pressure by the US government regulatory agency. If Binance wins a lawsuit against the SEC, BNB's price could go all the way to the moon in an instant. But if it loses, BNB could experience new lows until it goes below the "triple digits".
If Binance lose the case, the worst I think SEC will do is fine them, they will say Binance should pay and that's what SEC want and at the end, they will be happy that they found CZ at long last but I don't think there is much damage that will be done that will exceed what has been done, Binance has a strong community that are always ready to sheeply follow CZ to the grave, BNB will remain strong, don't even expect the price to go lower than where it slide to the other day because the support is firmed and tight.
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I'm wondering if now is the good time to buy BNB or should I wait a little bit more? The crypto market is still bearish, so we should expect further pressure against an altcoin like BNB in the short term. Who knows if BNB will reach higher prices in the future? Your input will be greatly appreciated. Thank you. 
BNB has utility and use case from other different other protocols, I expect to grow as much like other layer 1 we have in the entire market and because Binance exchange remains number sort out people's choice, I expect it grow no matter the situation of the market, if Ether remain valuable in crypto space, BNB will also remain valuable as alternative to the chain.