$BNB
Why fall 😭
BNB’s price is likely tanking due to a brutal crypto market downturn, dragging altcoins down with Bitcoin. Binance ecosystem woes—like rumored asset dumps and a shaky reputation tied to meme coin flops—aren’t helping. Token burns, usually a bullish signal, might not be enough to counter heavy selling pressure.
Staking yields dropping to 2.3% could be pushing holders to ditch their bags. X chatter points to fraud scandals and dev profiteering, spooking investors. Competition from slicker Layer 2s like Arbitrum might be stealing the spotlight. It’s a perfect storm—market fear, Binance blues, and fading hype.