$BNB : Are we heading towards $1000 or is an unexpected obstacle crossing our path? 🤔
Hold on tight because this is going fast. BNB, the Binance coin, just made history. After an impressive surge, it reached a new all-time high of $883. Can you imagine? 📈 That's over $2 billion that flowed into the BNB market just in August.
In other words, interest is through the roof. And why? Because people are seeing that this is going up without brakes, with the bulls (that's what they call those betting on price increases) regrouping to go all out and break through $900. But watch out, not everything is rosy. 😬 Things get a bit complicated with news that nobody expected. An American company, Windtree Therapeutics, had announced with great fanfare a plan for a $500 million 'treasury' in BNB, which would be a massive boost. What's the problem? Nasdaq has warned that it will delist its shares because they do not meet the requirements. And now, Windtree has said nothing about how this will affect its plan with BNB. 🤫
This is a cold shower, because this was the first company that dared to have a BNB treasury, and now the uncertainty could slow down the momentum a bit. It's like when the team is winning and suddenly the star gets a yellow card. 🟡
Despite that, the overall market sentiment remains super bullish.