Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: TomPluz on September 26, 2024, 05:46:32 AM
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In a community post in CMC, @ben__walther23 (https://coinmarketcap.com/community/post/340522385/) is positing this idea of a possible massive pump for BNB as CZ is about to be officially released from prison this Saturday. It’s a classic "buy the rumor" situation, and all eyes are on what happens next: Will we see a massive pump or a "sell the news" event?
Recognizing a good level of excitement, anticipation and support for CZ and Binance, there will be a big possibility that BNB can be targetting the dreamed $1000 goal...so the question will be how many BNB are you holding and are you looking at this trend right now?
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In a community post in CMC, @ben__walther23 (https://coinmarketcap.com/community/post/340522385/) is positing this idea of a possible massive pump for BNB as CZ is about to be officially released from prison this Saturday. It’s a classic "buy the rumor" situation, and all eyes are on what happens next: Will we see a massive pump or a "sell the news" event?
Recognizing a good level of excitement, anticipation and support for CZ and Binance, there will be a big possibility that BNB can be targetting the dreamed $1000 goal...so the question will be how many BNB are you holding and are you looking at this trend right now?
I thought he had already been released but he is not anyway its good for him because he will be out again but maybe under surveillance so he might not get the full control of the exchange back. I wish he could do more because they put him in jail and now they are controlling the exchange like they want. $1000 is a big goal I don't think it can achieve that target because bull run is already at its end and the juice for it to take big jump has already finished now to make him $1000 he need something big.
Even the release of CZ is not enough maybe the entrance of Binance again in the US market can pump the BNB.
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Well it looks like bull run has been running already for almost a week. It wouldn't be bad to have him back and pump the market more than it has been.
I'd like to see tokens that are worth $0.05 right now will be worth $1. He may not be able to do this but bull run is bull run. Let CZ pump them.
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How the news can bring big impact to BNB price? It has nothing to do with BNB price. Even if it may bring a positive impact, it is unlikely to be a massive pump.
We know that CZ has no longer the right to handle Binance as a CEO. As far as I know, he is banned for life. But we know that CZ is still the founder of Binance, he must have the power to manage Binance although he isn't an CEO. But this means, everything about CZ may not trigger anything to push the BNB value again.
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How the news can bring big impact to BNB price? It has nothing to do with BNB price. Even if it may bring a positive impact, it is unlikely to be a massive pump.
We know that CZ has no longer the right to handle Binance as a CEO. As far as I know, he is banned for life. But we know that CZ is still the founder of Binance, he must have the power to manage Binance although he isn't an CEO. But this means, everything about CZ may not trigger anything to push the BNB value again.
Yeah, it's true that CZ freedom has made BNB investors and Binance users more optimistic, but it's probably just a moral victory, as the BNB price hasn't received much positive impact. Currently, with the BTC price dropping, BNB price has also fallen below $600, indirectly confirming the normalcy of BNB despite CZ release from prison.
The only thing I'm waiting for is CZ Twitter updates on current trends in the crypto market such as RWA, AI, DeFi. CZ opinions often set the direction for the market in the long term and are worth following. If it's directly related to BNB price, I hope Binance CEXs will have more new programs for users to regain market share. They always know how to utilize CZ intelligence ^^
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Yeah, it's true that CZ freedom has made BNB investors and Binance users more optimistic, but it's probably just a moral victory, as the BNB price hasn't received much positive impact. Currently, with the BTC price dropping, BNB price has also fallen below $600, indirectly confirming the normalcy of BNB despite CZ release from prison.
CZ is free now. Sure, it makes investors to be more optimistic in holding BNB coin. I think it is normal, nothing is very special with this. But this won't be something to trigger huge increase in BNB coin price. When BTC drops, we can see that BNB price is also declining. It means BTC still brings bigger impact than CZ factor. :D
The only thing I'm waiting for is CZ Twitter updates on current trends in the crypto market such as RWA, AI, DeFi. CZ opinions often set the direction for the market in the long term and are worth following. If it's directly related to BNB price, I hope Binance CEXs will have more new programs for users to regain market share. They always know how to utilize CZ intelligence ^^
Just let him to take a rest first, he just gets his freedom. Sure, CZ should make any opinions about Binance and crypto as a whole. His opinion may influence the market trend although it may be not a massive one. But we don't forget that CZ is one of important people in crypto industry.
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CZ is free now. Sure, it makes investors to be more optimistic in holding BNB coin. I think it is normal, nothing is very special with this. But this won't be something to trigger huge increase in BNB coin price. When BTC drops, we can see that BNB price is also declining. It means BTC still brings bigger impact than CZ factor. :D
Just let him to take a rest first, he just gets his freedom. Sure, CZ should make any opinions about Binance and crypto as a whole. His opinion may influence the market trend although it may be not a massive one. But we don't forget that CZ is one of important people in crypto industry.
Yeah, CZ current freedom doesn't really have a significant impact on BNB price because CZ is essentially just serving time as a formality after Binance paid a $4B fine. CZ assets weren't seized, he's the world's richest prisoner, and Binance is still operating—all of which ensure CZ continued influence in the crypto market.
During the bullrun 2021, I rarely paid attention to other crypto KOLs such as Sam BF, but I always kept an eye on CZ tweets to tweak my investment plans. Although there's no concrete basis, I've always hoped that Bnb chain would soon make major breakthroughs after a long period of quiet amidst the rise of Solana and other Layer-1s and Layer-2s in the market. I believe CZ knows what Binance needs to do to reclaim BSC past position.
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Recognizing a good level of excitement, anticipation and support for CZ and Binance, there will be a big possibility that BNB can be targetting the dreamed $1000 goal...so the question will be how many BNB are you holding and are you looking at this trend right now?
No.
I'm not sure, but when the news about CZ has been released online, does it have an impact towards the price of BNB? I don't want to backtrack, but I don't think that his release will be the catalyst towards BNB reaching the $1000. If there will be, it would not be because of him, but it will be because of Bitcoin and it's price movement. There will be a catalyst that will push the price of Bitcoin go up and since altcoins move the same as Bitcoin most of the time, that will be the reason why BNB will go up as well. A 100% increase though is something that I don't think it will happen at least for this upcoming bull run (assuming that it will happen next year).
I'm not holding BNB currently, but I'm thinking of holding some and just use it to accumulate some of their coins through launchpools, etc.
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Yeah, CZ current freedom doesn't really have a significant impact on BNB price because CZ is essentially just serving time as a formality after Binance paid a $4B fine. CZ assets weren't seized, he's the world's richest prisoner, and Binance is still operating—all of which ensure CZ continued influence in the crypto market.
Not only that, but there will be more eyes on BNB than on MEI, so the coin will be less likely to be directly affected by such events in the near future. CZ's freedom will reduce the pressure on the platform as it has turned the page past and will show me how it will deal with the future.
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Not only that, but there will be more eyes on BNB than on MEI, so the coin will be less likely to be directly affected by such events in the near future. CZ's freedom will reduce the pressure on the platform as it has turned the page past and will show me how it will deal with the future.
We await confirmation of Binance trajectory post-CZ release. CZ reduced public commentary on the crypto market compared to previous years is a notable loss, given his past influence as an understated trendsetter.
Regardless, I remain a loyal Binance user, storing BNB for transaction fees while exploring opportunities within the Bnb chain ecosystem. I still consider CZ the spiritual CEO of the Binance empire, with Teng serving as a regional support role to maintain operations across various jurisdictions.
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Looking at the chart and the timing, the price did pump a bit because of CZ's released and then went down. Maybe it's because traders already sold the news or the price was also affected by the Iran-Israel renewed conflict. Anyway, BNB has recovered nicely in the last 7 days. Perhaps a continuation of the CZ release effect?
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We await confirmation of Binance trajectory post-CZ release. CZ reduced public commentary on the crypto market compared to previous years is a notable loss, given his past influence as an understated trendsetter.
The mistake that CZ made is that he introduced himself through Binance, he linked his name to it and considered his success as the success of the company and this is wrong, there are many successful companies and we do not even know the names of their CEOs in this way the company can succeed and continue even if the CEO dies or disappears.
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CZ has been released, but when the news came out, it turned out that the increase in BNB prices did not seem that drastic, because at that time the market conditions were not that good, especially since the BNB price development also followed Bitcoin, right? That's why it wasn't that significant.
But even so, BNB still experienced an increase, at least 2.85% to 3% in the last 7 days. This is quite good. Because several other coins are still quite difficult to experience a significant increase. However, the price is still below the last month of September, maybe because the news was blown out and spread very quickly. While entering October, all of that is still the same as before, following the movement of Bitcoin prices and the market which is actually downtrend.
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CZ has been released, but when the news came out, it turned out that the increase in BNB prices did not seem that drastic, because at that time the market conditions were not that good, especially since the BNB price development also followed Bitcoin, right? That's why it wasn't that significant.
But even so, BNB still experienced an increase, at least 2.85% to 3% in the last 7 days. This is quite good. Because several other coins are still quite difficult to experience a significant increase. However, the price is still below the last month of September, maybe because the news was blown out and spread very quickly. While entering October, all of that is still the same as before, following the movement of Bitcoin prices and the market which is actually downtrend.
It's really good news that Binance CEO Changpeng Zhao has been released from jail, but people who thought that bnb coins would get a massive pump after his release from jail were wrong. Because there are all kinds of news that can influence the market, they can only influence the market for a very short time and the influence ratio is very low, and what we already saw, many of my friends thought that BNB will touch 700 after Changpeng Zhao was released from prison. The dollar would cross but that didn't happen anymore.
However, for those who are regretting BNB massive pump, don't worry because the bull is already close, hopefully we will see massive pump in BNB coin this time.
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CZ has been released, but when the news came out, it turned out that the increase in BNB prices did not seem that drastic, because at that time the market conditions were not that good, especially since the BNB price development also followed Bitcoin, right? That's why it wasn't that significant.
But even so, BNB still experienced an increase, at least 2.85% to 3% in the last 7 days. This is quite good. Because several other coins are still quite difficult to experience a significant increase. However, the price is still below the last month of September, maybe because the news was blown out and spread very quickly. While entering October, all of that is still the same as before, following the movement of Bitcoin prices and the market which is actually downtrend.
It's really good news that Binance CEO Changpeng Zhao has been released from jail, but people who thought that bnb coins would get a massive pump after his release from jail were wrong. Because there are all kinds of news that can influence the market, they can only influenc
e the market for a very short time and the influence ratio is very low, and what we already saw, many of my friends thought that BNB will touch 700 after Changpeng Zhao was released from prison. The dollar would cross but that didn't happen anymore.
However, for those who are regretting BNB massive pump, don't worry because the bull is already close, hopefully we will see massive pump in BNB coin this time.
Yes, I also read the opinion of Yteman friends about it if CZ was released from the prison price of BNB to touch the new ATH, but it turns out Bitcoin remains a center because BNB hasn't reached $ 70K and seems to be still struggling.
BNB will increase after Bitcoin reaches a new ATH and it is likely we will see Altcoin Season.
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Yes, I also read the opinion of Yteman friends about it if CZ was released from the prison price of BNB to touch the new ATH, but it turns out Bitcoin remains a center because BNB hasn't reached $ 70K and seems to be still struggling.
BNB will increase after Bitcoin reaches a new ATH and it is likely we will see Altcoin Season.
The cryptocurrencies market have own way to go and that is the main reason for not having the huge pump on BNB even then release of the binnace ex CEO CZ. So market running on their way but it true there are some new and some event can influence the market a little bit but for the long time they couldn't manipulate the market.
And BNB and bitcoin both are following this so I will also say that when the bull season i.e. bull run will start that time these market will also goes on the new all time high prices but for this time I am thinking that BNB won't goes more up to the 1k to 1.5k