Quote from: o48o on September 24, 2023, 10:15:44 PM

Quote from: Ultegra134 on September 23, 2023, 11:38:11 PM

Binance and BNB have been affected by the SEC lawsuit, and it can easily be seen by looking at how considerably low BNB's price is compared to pre-lawsuit levels. Unfortunately, as supportive as I was of BNB in the past and trusted it by believing that it's a relatively safe investment, despite it being an exchange coin that others mentioned, I can no longer confidently claim the same. We can't do anything else but wait; the market is generally not in good shape, and the SEC lawsuit also played an important role in it. Hopefully, 2024 will be a better year.

You would think that lawsuit would affect it, but this legal fight could take years to come to any conclusion. So i don't think 2024 is the year we have any sort of resolution, or even progress on the lawsuit.
However we could have bullrun. As long as there's no withdrawal issues, or BUSD would go bust, i think BNB is doing just fine. I wouldn't count on bullrun, but i can't see any reason for it to radically dump either.

They are big but it can put a dent on them. Worse thing can only happen if they can not defend their selves anymore. Yes it can take a long time, take XRP case for example but many are glad that they remain to be a victor at the end. Even though it won't be solved completely,

I think the coin can still benefit from the positive happenings that are about to come so we can still invest on it now. In the case of BUSD, Binance already noticed that people should withdraw. But if they can't do it on the designated time, then they are in trouble. BUSD won't bust for now because it's not a volatile crypto but it may stop operating soon. Once all the people convert their token.