Bitcoin Sacrificed to Shield Binance’s BNB Token 💥💥💥
EVERYONE to make better crypto investment decisions
True, Binance FUDs (fear, uncertainty, doubt) have so far come and gone but have still left a mark on the exchange. Their market dominance is lower as the CFTC, SEC and DOJ have circled for months, and the outspoken CEO has become less active on social media.
BNB, the native Binance exchange token, had a market capitalization of $110bn in November 2021. Unarguably, this was one of the fastest value creations ever achieved. Back in September 2017, the market capitalization was just $10m.
Binance’s meteoric rise and legal problems are well documented in the book "Crypto Titans: How trillions were made and billions lost in the cryptocurrency markets".