BNB hits new all-time high in BTC as Elon Musk's Twitter fuels DOGE bulls
Excitement picks up for BNB and Dogecoin as market players see continued strength.
Market Update
BNB (formerly known as Binance Coin) has reached new all-time highs against Bitcoin (BTC) as excitement grows about the cryptocurrency's future role on Twitter.
BNB/BTC 1 Month Candle Chart ( Binance ). Source: TradingViewData from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly rose above 0.15 BTC to hit a record high of 0.15267 BTC on October 30.
BNB, the internal token of Binance, the largest crypto exchange by volume, has gained around 10% in the last 72 hours.
The strong performance was due to reports that Binance was preparing to help Twitter eradicate bots as part of its new leadership under Elon Musk.
Binance had contributed $500 million to Musk's takeover of the social media platform.
“Our intern says we wired the $500m 2 days ago, probably right when I was asked about Elon/Twitter,” Binance CEO Changpeng “CZ” Zhao wrote in a post. cryptic tweet referencing comments he made to crypto outlet Decrypt.
Other posts by CZ stated, "Let's release the bird" and "Crypto Twitter", the former seeming to refer to Musk's own tweet, "the bird is released".
Meanwhile, in US dollars, BNB hit highs of $318.80 on the day, its best performance since mid-August.
B...
Excitement picks up for BNB and Dogecoin as market players see continued strength.
Market Update
BNB (formerly known as Binance Coin) has reached new all-time highs against Bitcoin (BTC) as excitement grows about the cryptocurrency's future role on Twitter.
BNB/BTC 1 Month Candle Chart ( Binance ). Source: TradingViewData from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly rose above 0.15 BTC to hit a record high of 0.15267 BTC on October 30.
BNB, the internal token of Binance, the largest crypto exchange by volume, has gained around 10% in the last 72 hours.
The strong performance was due to reports that Binance was preparing to help Twitter eradicate bots as part of its new leadership under Elon Musk.
Binance had contributed $500 million to Musk's takeover of the social media platform.
“Our intern says we wired the $500m 2 days ago, probably right when I was asked about Elon/Twitter,” Binance CEO Changpeng “CZ” Zhao wrote in a post. cryptic tweet referencing comments he made to crypto outlet Decrypt.
Other posts by CZ stated, "Let's release the bird" and "Crypto Twitter", the former seeming to refer to Musk's own tweet, "the bird is released".
Meanwhile, in US dollars, BNB hit highs of $318.80 on the day, its best performance since mid-August.
B...
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