"BNB Journey: From Struggle to Success"

🔶 BNB: From Discount Token to Global Powerhouse

Binance Coin (BNB) launched in 2017 alongside Binance, raising $15M via ICO. Initially used for trading fee discounts, it quickly became a key crypto asset.

🛠️ Early Challenges

⚠️ Regulatory Heat in China led Binance to go global.

🥊 Tough Competition from Coinbase & others.

🔐 2019 Hack ($40M) — users reimbursed via SAFU fund.

🚀 Expansion & Rise (2019–2021)

✅ BNB Chain & BSC Launch — powered DeFi boom.

🔥 BNB Burns introduced deflationary supply.

📈 ATH of $686 in 2021 as DeFi exploded.

⚖️ Regulatory Storm (2021–2023)

🕵️ US scrutiny (SEC, DOJ, CFTC).

💸 $4.3B fine & CZ resignation in 2023.

❌ BUSD halted — stablecoin setbacks.

💪 BNB Today (2024 Onward)

Still Top 5 Crypto by market cap.

Used for trading, staking, gas, NFTs, DeFi & more.

🔁 Ongoing token burns support long-term value.

📊 Price Range: $500–$600

🔮 What’s Next?

🌍 Focus on global compliance.

🧱 Upgrades to BNB Chain.

💼 ETF potential in the future?

🛡️ BNB = Strength + Utility

From a simple token to a Web3 titan — BNB's journey is far from over. 🚀

#BNB #BinanceTurn8 #CryptoHistory

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