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What's Next for BNB?

BNB is down after the DOJ played its hand
Bankless Bankless Nov 22, 20231 min read
market analysis What's Next for BNB?

BNB Future in Doubt: As the Binance ruling sinks in, BNB is sliding, down 11.5% in the past 24 hours. With CZ facing prison and Binance stuck with regulator babysitters, BNB's future of open road might be running into traffic. Will investors stick around?

While Binance can stomach a $4.3 billion fine, let's not act like this is pocket change. Binance is still poised to print cash rolling into another bull run, but it's playing a different game now as it aims to walk lock-step with regulators and is likely about to find itself circled by government agencies from other geographies that smell blood in the water.

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