Yesterday CZ announced that any ERC20 token wanting to have an competitive advantage to be listed on Binance can switch to BNB's chain instead. What if the new altcoinrun is powered by BNB, which is already showing similarities. + BNB has a bit more utility that ETH
Would be interesting to see if this fractal plays out.
"today CZ said in a livestream that all erc20 token which are willing to change from eth chain to binance chain will be preferred to get listed on binance 8 projects which are erc20 and already listed on binance confirmed according to him to change"
Fractal working out. Now entering price discovery phase. When ETH went into this mode it shot up another 1000%. Thats a bit much for bnb since the MCAP is already so high, but can definitetly see it still doubling in price from current levels
Note
Mewn it mate, its in full price discovery mode
Note
How good was this fractal!? Even the downside is spot on
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.