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Binance Coin (BNB) / Re: BNB prices will go up
« on: Today at 05:28:34 AM »With the bull run expecting to happen in a few months from now, many developers will try to create a project to ride it. If they want to become popular, they need to list their token on a popular exchange as well, and what's the most popular exchange right now? It's Binance that's why expect more launchpads happening in Binance now that many are expecting for the bull run to happen.One of the reasons for the increase in the price of BNB is Binance Launchpad where participants have to stake BNB and for some months it has been seen that Binance is frequently launching Launchpad. Again BNB is considered by investors as a potential coin for the future and encouraged to invest in bnb for the long term. Due to this, the price of BNB is seen to increase. BNB price is expected to exceed $1000 in the future.Exactly, when demand increases it will make the price of bitcoin expensive again. As you can see currently the price of bitcoin is rising again and this is also having an influence on altcoin price movements. Hopefully this development can be accepted in all major countries in the world so that it will further increase the price of cryptocurrency.It's very good to hear that a country like Singapore supports crypto currency. governments in several countries have also started to allow crypto as an investment for their citizens, this is very good for us crypto lovers, because it will make demand higher and the price of crypto will increase.
The government should be like that, but basically, without many people knowing, there are already many governments that understand cryptocurrency and are trying to control existing cryptocurrency. Many countries have done that. We can see one country, Singapore, which really supports cryptocurrency.
I'm not holding too much BNB as of this moment, but if there's a new launchpad happening in the Binance platform, I just simply join it for some free money. I don't know, but I think launchpads is one of the reasons why BNB's price is increasing over time, and that's also the reason why Bitget copied it on their own platform. Overall, the project is good even though CZ isn't the CEO anymore. The company is continuously supporting new projects by giving some funds from them to start with.