FOLLOW THE THREAD 🧶: If #BOB (Build on Binance) is being directly promoted by Binance itself, that alone is an indication of strong market momentum at launch (given the facts we are all seeing). Binance has a clear history: everything it directly puts its name on tends to receive huge initial liquidity, community support, and institutional focus (partners, quick listings, incentives, farming, etc).
Now, speaking of the main point: BOB seems to be a strategic play to reignite the #BSC (Binance Smart Chain), which has lost some ground recently with the growth of other networks like Arbitrum, Base, and Avalanche. By creating a token that carries the slogan 'Build on Binance', they are sending a direct message to the market: COME BACK TO BUILD HERE.
And here come the incentives:
Reward campaigns for developers and users;
Reduced or ZERO fees (buy and sell);
Farming with eye-catching APRs;
Heavy marketing in Binance's own ecosystem.
In other words: if the narrative takes off (and all indications suggest it will), BOB is a ROCKET in the short term (AGAIN: SHORT TERM), especially if it is used as fuel for new initiatives within the BSC. And Binance knows how to create HYPE, sustain liquidity, and keep the ecosystem spinning. RIGHT, BOSS? HAHAHA 😌😂😁
———- HIGH RISK
Remember: IT'S A MEME ⚠️
Does not have solid technical fundamentals or clear utility beyond speculation. Therefore, it is a high-risk asset, which can generate quick profits but also significant losses.
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That said, now I will be quiet!
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