The crypto market is buzzing again, and Binance Coin (BNB) is at the center of it.
BNB has hit a new all-time high of $804, gaining over 14% in the past week (check live). Former Binance CEO Changpeng Zhao (CZ) celebrated the milestone on X, and his comments are stirring up excitement about what could come next. With altcoins on the move and CZ hinting at an incoming “FOMO season,” investors are starting to take notice.
Here’s what you need to know.
CZ’s wealth is closely tied to BNB, and the numbers are staggering. According to Forbes, he owns around 64% of the token’s circulating supply, which is about 95 million BNB tokens. At current prices, that stash is worth roughly $76 billion.
And that’s not even counting his equity in Binance, the world’s largest cryptocurrency exchange.
Bloomberg currently lists CZ’s net worth at $59.7 billion, making him the 26th richest person in the world. But here’s the catch: that number doesn’t include his crypto holdings, which are private and not publicly tracked.
Bloomberg has given CZ the lowest confidence rating in terms of wealth estimation, meaning the real number could be much higher. With BNB’s price rising, his position in the crypto world is only getting stronger.
In another post on X, CZ pointed to the CoinMarketCap Altcoin Season Index, which has now reached 54 out of 100. This index measures whether altcoins are outperforming Bitcoin. A reading above 50 suggests that more money is flowing into altcoins.
According to CZ, this shift signals that the rally is still in its early stages. He believes a full-blown “FOMO season” could be around the corner, where investor excitement rapidly pushes prices higher.
Altcoins like BNB are already showing signs of leading this trend.
The crypto community didn’t hold back as BNB crossed the $800 mark. On X, users praised CZ’s leadership and posted bullish price predictions.
One user confidently said, “I’m super confident BNB is going to hit $5000,” reflecting the optimism floating through the market.
BNB plays a central role in the Binance ecosystem. It offers trading fee discounts, powers the BNB Chain, and supports a growing list of decentralized applications and Web3 projects.
This utility gives BNB a strong foundation, even as price speculation continues.
Still, crypto remains a high-risk space. While momentum is clearly with the bulls, investors should stay aware of the volatility that defines this market.
BNB’s growth is driven by its role in the Binance ecosystem, including trading fee perks and powering Web3 applications.
Despite bullish momentum, BNB remains volatile; investors should stay cautious as the crypto market is high-risk.
The Altcoin Season Index at 54 suggests altcoins are outperforming Bitcoin, signaling possible incoming “FOMO season.”
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