Changpeng Zhao Makes Super Bullish Case for Binance Coin

Those who missed the 2019’s Binance Coin (BNB) price rally can still stage profits off the cryptocurrency in 2020, hints its supreme backer Changpeng Zhao.The Binance exchange CEO theorized a potential positive correlation between BNB and its top rival Bitcoin. He noted that the current upside sentiment in the bitcoin market could increase the number of trades on Binance. And traders use BNB to pay for trading fees, it would overall boost the coin’s demand.What happens when $btc goes up? More trading volume.What happens when there is more trades? More people use $bnb to pay for fees. And $bnb…— CZ Binance (@cz_binance) January 9, 2020“Only a few coins outran [bitcoin] last year,” tweeted Mr. Zhao. “No guarantees, but the BNB ecosystem will definitely try to [build] faster than [bitcoin] again this year. I will personally continue to shill both.”

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