Token $BNB (Binance Coin) is the subject of intense discussions in the crypto market. On one hand, it is considered a central asset in the Binance ecosystem, used for reduced fees, staking, and DeFi services. However, critics question the degree of centralization, given that most of the governance and circulation is under the direct influence of Binance. Regulatory investigations in the US and the EU have raised concerns about compliance and the possibility of BNB being classified as a security. Additionally, there are debates about the token's resilience in exchange crisis scenarios, such as mass withdrawals. The quarterly token burn (BNB Burn) is also criticized by some analysts for being perceived as indirect price manipulation.