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Binance Coin Smashes ATH! Becomes the Third-Largest Cryptocurrency

Written by: Qadir AK

February 19, 2021

Binance Coin Going Parabolic!

The Binance Coin price which was trading around $150 in the past working day, jumped enormously adding up more than $100 since the early trading hours. The journey from below $40 to touching nearly $280 in just 49 days was more lucrative. 

At the time of writing, the BNB price is $248.82 with a notable jump of 49.14% in the last 24 hours. The price has not only smashed ATH in terms of USD but also against BTC as mentioned by CEO of Binance exchange, Changpeng Zhao(CZ).

The CEO in a live interview said that BNB is having a small market cap and should allow for higher growth potential as it carries higher risk than BTC. In the interview, CZ also mentioned his reviews on Dogecoin and its interpreted CEO ELon Musk.

‘Elon Musk is not associated with Dogecoin’

Binance CEO CZ, in a live chat expressed his views on the most popular crypto dogecoin and also about world’s richest person Elon Musk’s connection with it. According to CZ, DOGE which started just as a joke or meme gained immense popularity off-let which has surprised him to a great extent. 

He further says that anyone can be passionate about any crypto asset but the fact is that Elon Musk is not associated with Dogecoin. Moreover, Tesla owned by Elon Musk invested in Bitcoin rather than Dogecoin to which Elon Musk replied supporting the investment telling that,

“Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P 500 company,”

However, the Binance CEO also replied and appreciated Elon Musk in pushing awareness about cryptos and wished to have a clubhouse session one day. 

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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