by: xpoolPosted on:

Binance Coin (BNB) Breaks Records: CZ Explains the Surge in Price

Binance Coin (BNB) has experienced a remarkable surge, increasing by 129% over the past year and reaching an all-time high of $4,500. This impressive growth, according to analysts, is driven by factors such as expanding DeFi applications and increasing interest from institutions. Binance founder Changpeng Zhao (CZ) has attributed this rise to BNB’s organic growth rather than artificial market manipulation. He clarified in a recent Twitter post that no market makers are involved with BNB trading, highlighting the lack of external influence on its price movements.

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