The Binance coin that never sleeps!
The BNB coin, which started at a price of $0.15, is now among the major cryptocurrencies. It is used to pay trading fees on the Binance platform and is considered the backbone of the BNB chain.
The biggest stakeholders?
Reports indicate that Changpeng Zhao (CZ), the founder of Binance, owns a large percentage of the circulating supply of BNB, raising questions about the centralization of the currency.
Current market analysis:
BNB price forecasts for 2025 range between $645 and $968, with an average of around $806. It is advised to buy on dips, especially if the price drops below $700, while monitoring resistance levels at $900.
A light tip:
In the world of cryptocurrencies, it's said: "Don't put all your eggs in one basket, especially if that basket is managed by CZ!" 😄
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