BTCC / BTCC Square / Coindesk /
BNB Defies Gravity at $668—Binance Hype and PancakeSwap Surge Battle Whale Dumps

BNB Defies Gravity at $668—Binance Hype and PancakeSwap Surge Battle Whale Dumps

Author:
Coindesk
Published:
2025-06-04 15:30:00
13
1

BNB Hovers Near $668 as Binance Alpha, PancakeSwap Growth Offset Selling Pressure

Binance Coin clings to its $668 throne as exchange alpha and DeFi momentum cancel out paper-handed traders. Here's why the bulls aren't backing down.

The Binance Effect: CZ's empire keeps minting utility cases—from fee discounts to launchpad access—while regulators fumble with their rulebooks (again).

PancakeSwap's Secret Sauce: BNB Chain's flagship DEX gobbles up market share, turning token burns into a deflationary feedback loop. Eat your heart out, Uniswap.

The Flipside: On-chain data shows sharks circling—smart money's taking profits while retail FOMO kicks in. Classic crypto.

For now, the $668 line holds. But in a market where 'fundamentals' means whatever pumps your bag, don't get too attached to round numbers.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users