Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Justin San called the Binance exchange token “new Bitcoin”

    Justin San called the Binance exchange token “new Bitcoin”

    0
    By BlockchainJournal on March 6, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The founder of the TRON Foundation, Justin San, in a commentary on the post of the head of the Binance exchange, Changpen, Zhao, called the rapidly growing BNB token "new Bitcoin."

    Huge Congrats on $ BNB , a new #Bitcoin

    – Justin Sun (@justinsuntron) 5 March 2019 r.

    The saying of Sana was not liked by all users of the popular social network.

    BNB will never be BTC !!!!

    – lalit [BTC] [NEO] (@Lalitkatel) 5 March 2013 p.

    pic.twitter.com/g7eola536k

    – Mark (@ faze47) 5 March, 2019 r.

    Some found this comparison questionable:

    Doubt it, lol.

    – Tomasz Kurpanik (@tkurpanik) 5 March, 2019 r.

    Nevertheless, it cannot be denied that the most successful token of the ERC-20 standard demonstrates truly dizzying growth. So, for the last week Binance Coin went up by 40%, ahead of the growth rate of all the top ten coins combined:

    Data: CoinMarketCap

    The coin confidently follows to the level of $ 14, despite the overflow of the Cash Flow Indicator ( MFI ). The latter is similar to the RSI, but in addition to the price, it also takes into account the trading volume:

    TradingView BNB / USDT chart

    As for Changphen Zhao, the other day, answering the question about the possibility of paying part of the profits to the holders of BNB tokens, he stressed that the company would not do this.

    No, That Would the make #BNB a security, and you do not want That.

    – CZ Binance (@cz_binance) 4 birch 2019 p.

    “No, it will make BNB a security, and you don’t want it”

    Accelerating the growth of the BNB token is presumably associated with the announcement of the new tokensale on the Binance Launchpad platform. Also, the upward price movement may be due to positive expectations associated with the full launch of the decentralized Binance DEX exchange.

    Earlier, BlockchainJournal reported that Binance has always remained profitable , despite the notorious cryptozyme.

    Follow BlockchainJournal on Twitter !

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Binance Bitcoin BTC DEX Featured NEO Network TRON Twitter
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Stablecoins market reaches $300,000 million on CoinMarketCap amid regulatory scrutiny and institutional interest

    September 12, 20253 Mins Read

    TON Strategy announces a $250 million buyback as shares decrease 7.5 %

    September 12, 20252 Mins Read

    DeFi whale loses about $40M as Kinto halts operations and SwissBorg suffers a hack

    September 12, 20252 Mins Read

    Gemini’s Nasdaq debut jumps 32.2%, valuing the company at $4.4 billion amid regulatory questions

    September 12, 20253 Mins Read

    Coinbase challenges the SEC over deleted Gary Gensler messages in a federal court motion

    September 12, 20253 Mins Read

    Bo Hines named CEO of Tether’s USAT, a U.S.-focused dollar stablecoin

    September 12, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.