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Home Bitcoin

Binance Coin Price Goes Up By Over 20%, Renowned Trader Set To Make 400K Sats

by Oliver Green
March 5, 2019
in Bitcoin, Cryptocurrency
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Renowned crypto currency trader and analysts Luke Martin has said he’s looking forward to make 400K Sats from the 0ver 20% upsurge seen by Binance Coin (BNB) today.

The Crypto pundit, whom the CEO of Binance Changpeng Zhao referenced as an every time supporter of Binance Coin (BNB) said he was forced to buy Binance Coin owing to the “BNB holder incentive Launchpad perks” and the effect of ERC-20s migrating to Binance chain.

Martin Said:

“BNB up another 15% today. I’m aiming for 400k sats. Two takeaways that made me a buyer immediately during the call last night:

– Potential (even if not likely) BNB holder incentive Launchpad perks

– Outlining benefits of ERC-20s migrate to binance chain”

$BNB up another 15% today. I'm aiming for 400k sats.

Two takeaways that made me a buyer immediately during the call last night:

– Potential (even if not likely) $BNB holder incentive Launchpad perks
– Outlining benefits of ERC-20s migrate to binance chain pic.twitter.com/BonZKSpqUg

— Luke Martin (@VentureCoinist) March 5, 2019

Binance announced the launch of Binance Network testnet the day the largest exchange unveiled its Decentralised Exchange.

Since the announcement, Binance has been performing excellently well in the space to the extent that it jumped from the 10th position to overthrow Tron (TRX) at the 9th position.

Binance Coin Price In The Market

As at the time of writing, Binance Coin (BNB) has overthrown Stellar, the digital asset now seats at the 8th position with over $1.8 billion. BNB is changing hands at over $13 according to CoinMarketCap, with 24 hours trading volume of $204 million.

Binance Coin Price Goes Up By Over 20%, Renowned Trader Set To Make 400K Sats

Note that today, Binance coin had seen over 20% price increase. However, the token’s value rise has is now a bit lower than its previous point.

Obviously, Binance Exchange and its newly launched DEX have the power to drive BNB to top five owing to the number of people that are patronizing the two exchange.

Beyond that, Binance is a fast growing ecosystem with numerous use cases. These has impacted the digital assets, making it to go higher in the market.

Also, the influence of CZ and some other relevant conditions have pushed BNB forward in the crypto space to the extent that many a number of businesses now accept the digital asset as a means of payment.

Tags: Binance Coin (BNB) priceBinance Coin Price
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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