Justin San called the Binance exchange token “new Bitcoin”

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.

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