The #BNB FUD looks coordinated for a couple reasons: They are being pushed by the same accounts pushing the #Binance FUD which I already debunked here: x.com/100bviking/sta… They are all comparing BNB to FTT. That’s either ignorant or intentional fearmongering, or both.
The #BNB FUD looks coordinated for a couple reasons: They are being pushed by the same accounts pushing the #Binance FUD which I already debunked here: x.com/100bviking/sta… They are all comparing BNB to FTT. That’s either ignorant or intentional fearmongering, or both.
The basic narrative being driven by BNB fudders is that “Binance is insolvent” (all indications show that this isn’t true and Binance is a very strong exchange) and that BNB will crash just like FTT since it is just the Binance exchange token. Except BNB is NOT like FTT...
Is BNB like FTT? FTT is the token of the FTX exchange. That’s it. BNB, on the other hand, is *both* the native token of the BNB Smart Chain AND the token of the Binance exchange. BNB is NOT in any way like FTT. Now, I want you to pay very careful attention going forward...
BNB Smart Chain: BNB Smart Chain, also BSC, is the world’s most used blockchain. It also has the second highest TVL. To put things in perspective: BSC has more daily active users than Ethereum, Polygon, Solana, Arbitrum, & Fantom (the five next most used chains) COMBINED!