Binance Founder Changpeng Zhao (CZ) May Have Set an Unbelievable Target for the BNB Price

BNB, the altcoin linked to cryptocurrency exchange Binance, has set a new all-time high price record. According to Binance data, the record $900 price was a result of the recent surge in Ethereum and other altcoins. Interestingly, some other exchange-linked tokens also experienced similar increases. BNB is not currently directly associated with the Binance exchange, but it is known that the coin was developed by the exchange and has serious support. However, a tweet by Changpeng Zhao (CZ), Binance's founder and former CEO, during a time when the BNB price was breaking records, caused a stir on social media platforms. CZ, who was visiting Kyrgyzstan, shared a photo of himself being assigned a vehicle with the license plate “888 BNB.” The $888 price was a reference to the coin's all-time high. Related News: Experienced Analyst il Capo Predicts What Will Happen to Bitcoin and Altcoins Following Recent Developments CZ, who shared the photo, also stated that the license plate in question wasn't planned. However, the most important point was what he said next. CZ stated that the number 8888 is considered lucky in China. This unexpected rise sparked speculation that CZ had set $8,888 as his next target for the BNB price. For the coin's price to reach $8,888, its total market capitalization would need to reach approximately $1.2 trillion. Given that Ethereum's current market capitalization is $573 billion, this seems at least a distant scenario for now. *This is not investment advice. Continue Reading: Binance Founder Changpeng Zhao (CZ) May Have Set an Unbelievable Target for the BNB Price