CZ's Move to Rescue BNB Is Not Delayed! - Coinleaks
Current Date:September 21, 2024

CZ’s Move to Rescue BNB Is Not Delayed!

of the SEC Binancestarted to lose value rapidly with the lawsuit against BNBA new announcement has been made to keep .

Last week Binanceannouncing that he has filed a lawsuit against SEC, BNB It totally shook him. Testing $220 for the first time since December of 2022, BNB managed to hold on to this level and priced upwards. But while this was happening, the biggest move came from CZ. In order to reduce the selling pressure on BNB, a new Launchpad announcement was made. This Launchpad, which will be participated by staking BNB, BNBIt will naturally increase the purchases in .

BNB Tests 6-Month Low

BNB, the exchange token that suffered the most from the tight stance of the regulators. BNB, which has slackened to $220 for the first time since December 2022, poses a great danger not only to Binance but also to other exchanges and the crypto industry. In the scenario where the exchange’s own token, which has the most users and transaction volume, starts to lose value rapidly, things may become more complicated.

Binance and CZ intervened in the events in a short time. CZ and Binance, who frequently share the new Launchpad on their social media accounts, keep the stock market token strong due to the staking of BNB, the increase in buyers and the decrease in sales-oriented transactions.

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