《Why did $BNB suddenly explode?》 I saw someone asking why $BNB suddenly surged, so let me speculate on the logic briefly. Feel free to point out if I'm wrong: Actually, this is directly related to Trump's announcement of launching $Truth, as it could potentially be the second coin directly related to a president after the $Trump coin, possibly another giant. Currently, many people are guessing which chain $Truth will be launched on. Besides Solana, some are already guessing the ETH main chain, Bnbchain, or even Tron. Not to mention, Bnbchain indeed has a chance to get a share. Why? Go check where Trump's stablecoin $USD1 is issued. Out of the 2.13B issuance, 99.3% is on @BNBCHAINZH. Suppose, just suppose, $Truth and $USD1 have some small collaboration? They are family, so this possibility can't be completely ruled out, right? Killing two birds with one stone. I'm not the only smart person in the market, so you can see an interesting chart: the exchange rate of $USD1 to USDT just surged, most likely because whales are preemptively buying a large amount of $USD1. To be honest, Binance has always needed a stablecoin to replace the unaffordable $FDUSD, which is a strategic necessity. Will they switch to supporting $USD1 and improve relations with the Trump administration? You'd have to ask @cz_binance about that. If one day you see Binance Pool starting to include $USD1, then you'll basically understand what it means. Summary: Today's rise in $BNB is likely due to the market's perception of a relationship between Binance/Bnbchain and the new Trump-related coin, thinking they can get a share. Whether that's the case or if we're overthinking it, we'll find out in 72 hours. But to be honest, $BNB has been stagnant for quite a while. Bitcoin has reached ATH, so maybe it's time for BNB too.
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