BREAKING
317d 0h ago

BNB Donations: CZ Commits to Supporting BSC Ecosystem Projects Through Direct Token Purchases

BNB

BNB/USDT

$697.84
-8.47%
24h Volume

$1,638,552,094.59

24h H/L

$765.33 / $686.00

Change: $79.33 (11.56%)

Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$691.28

-0.86%

Volume (24h): -

Resistance Levels
Resistance 3$855.803
Resistance 2$736.5647
Resistance 1$693.4267
Price$691.28
Support 1$686.4333
Support 2$653.347
Support 3$565.3544
Pivot (PP):$693.4267
Trend:Downtrend
RSI (14):21.4

On March 27th, CZ, the CEO of Binance, announced via social media that all BNB fees and donations sent to his public wallet address will be allocated to bolster projects within the BSC ecosystem. This initiative emphasizes a direct approach, potentially involving the outright purchase of relevant tokens as the most efficient method of support for BSC initiatives. Notably, CZ indicated intentions to minimize engagement with other tokens received in this capacity, highlighting that active management of these assets would demand considerable resources and effort. This strategic decision underlines his commitment to maintaining focus on the Binance Smart Chain while ensuring the sustainable growth of its project ecosystem. Investors and developers alike are encouraged to stay attuned to further announcements as they may reveal detailed allocation strategies for fostering innovation in the BSC landscape.

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