Binance Coin (BNB) is currently testing critical support between $600 and $615 after a bearish shift following rejection at $725. A reclaim of $650 could signal a bullish reversal, while failure to hold support may lead to a drop towards $550. Investor sentiment shows a divide, with average investors slightly bearish, while institutional sentiment remains moderately bullish, suggesting potential for an uptrend. Meanwhile, the BNB ecosystem is seeing positive developments, including a $25 million investment from Foresight Ventures to enhance Web3 initiatives.
about Binance Coin Faces Critical Support Test Amid Market Sentiment DivergenceThe Standard Token
0 posts last weekBinance CZ Engages Community on Allocating One Million Dollar BNB Fund
Binance’s Changpeng Zhao (CZ) is engaging the community on how to allocate over $1 million in BNB donations to assist victims of recent meme coin crashes, particularly involving Test (TST) and BROCCOLI tokens. He proposed options including charitable donations, token burns, and liquidity pool deployment, while expressing concerns about direct airdrops due to verification challenges. The meme coin frenzy was sparked by CZ’s social media posts, leading to significant trading activity and subsequent price drops for several tokens.
about Binance CZ Engages Community on Allocating One Million Dollar BNB FundEthereum Faces Challenges Amidst Market Movements and Notable Coin Surges
Ethereum’s price remains steady at $2,795 despite a $1.4 billion hack by North Korea’s Lazarus Group, with Bybit’s ETH reserves rising as confidence in the exchange grows. Meanwhile, Ski Mask Dog, Avail, and TST have surged over 50% in the last 24 hours, driven by notable purchases and market activity.
about Ethereum Faces Challenges Amidst Market Movements and Notable Coin SurgesCZ Compensates Investors After TST and BROCCOLI Meme Coin Crash
Binance founder Changpeng Zhao has stepped in to support investors affected by the recent crash of the TST and BROCCOLI meme coins, which plummeted over 60-80% after initial surges. He announced donations to victims, including 150 BNB to a student aiding others, while cautioning against speculation in the volatile meme coin market. Zhao’s actions come as he seeks to improve his public image following a prison sentence, emphasizing the risks associated with new tokens and the prevalence of scams in the crypto space.
about CZ Compensates Investors After TST and BROCCOLI Meme Coin CrashCZ Donates to LIBRA Scam Victims and Receives More in Return
Binance founder Changpeng Zhao (CZ) donated 150 BNB, worth around $100,000, to aid victims of the LIBRA meme coin scam, which caused over $4 billion in losses. His public donation address attracted additional contributions, which he pledged to donate further to support victims of other meme coins. Meanwhile, Argentine President Javier Milei faced backlash after promoting LIBRA, which crashed by over 91% shortly after its launch, leading to fraud allegations against him and the project team.
about CZ Donates to LIBRA Scam Victims and Receives More in ReturnBNB Chain Plans Tutorial for Creating AI Agents Amid Rising Activity
BNB Chain is set to release a tutorial on creating AI agents, following a significant 66% weekly volume increase and a rise in active addresses. Changpeng “CZ” Zhao highlighted the chain’s strong market position, with $3.7 billion in 24-hour volume and a focus on integrating AI technology into wallets for user assistance. Despite criticism for being late to the AI trend, CZ emphasized the importance of continuous development.
about BNB Chain Plans Tutorial for Creating AI Agents Amid Rising ActivityBNB Chain Overtakes Solana in Daily Fees Amid Memecoin Surge
BNB Chain surpassed Solana in daily fees on February 13, generating $5.8 million, driven by PancakeSwap’s trading volume and a memecoin boom, including the volatile “Test” (TST) token. This marked a significant shift, with BNB’s active addresses ranking second overall, while its native token surged 15% to $666.73, becoming the fifth-largest cryptocurrency by market cap.
about BNB Chain Overtakes Solana in Daily Fees Amid Memecoin SurgeCZ considers launching a memecoin inspired by his dog amid speculation
Changpeng Zhao, the former CEO of Binance, is contemplating launching a memecoin inspired by his Belgian Malinois dog, despite previously distancing himself from meme cryptocurrencies. This interest follows the emergence of a memecoin called TORO, claiming to represent his dog, which briefly reached a market cap of $4.8 billion before plummeting. The potential for a CZ dog-themed memecoin to rival established players like Dogecoin and Shiba Inu is fueled by recent positive market sentiment surrounding BNB.
about CZ considers launching a memecoin inspired by his dog amid speculationCZ Considers Launching Meme Coin Inspired by His Dog on BNB Chain
Changpeng Zhao (CZ), the former CEO of Binance, is considering launching a meme coin inspired by his Belgian Malinois dog, potentially interacting with existing meme coins on the BNB Chain. After engaging with the crypto community about the process of creating meme coins, CZ expressed curiosity and found the concept intriguing. This discussion has already led to the emergence of several dog-themed meme tokens, with notable price surges following his posts.
about CZ Considers Launching Meme Coin Inspired by His Dog on BNB ChainAndre Cronje warns CZ about risks of launching dog meme coin
Andre Cronje, the DeFi ‘Godfather,’ cautioned Binance CEO Changpeng Zhao against teasing a potential dog-themed meme coin launch, warning it could lead to scams targeting the crypto community. He urged CZ to launch the project fairly to protect followers from fraudulent contracts. CZ’s hints about the coin have already spurred increased activity in dog-themed tokens on the BNB Chain, raising concerns about responsible project promotion.
about Andre Cronje warns CZ about risks of launching dog meme coin