Guyyyyyyssss! $BNB just became the first major alt coin to hit a new all time high this cycle even before Ethereum with all its ETF approvals, how bonkers is that?
I’ve always had $BNB on my radar, it’s been super stable around $600 for the longest time, you just had to know something was coming, even when there were Bitcoin dips, BNB never went below $500 this year, an epitome of building in silence.
$BNB with pride
CZ must be proud, the long term holders must be proud, even me that I’m not holding but just watching from a distant with enthusiasm for the project, I’m proud.
It’s moments like these that remind us why we’re in the crypto space – for the excitement, the unpredictability, and the potential for groundbreaking achievements.
What is surprising me here is how BNB managed to outperform other major altcoins like Ethereum. With Ethereum’s ETF approvals and the massive hype around it, you’d think it would be the first to break new all-time highs this cycle.
But BNB swooped in quietly and claimed that spot. This just goes to show that in crypto, sometimes the underdog can surprise you. What is even more interesting is how all this is happening when CZ is in jail. When a billionaire goes to jail for 4 months, you just know something is coming, If you know you know.
FUNDAMENTALS STILL MATTER
All year long, memes that “do nothing” as many people like to put it have had the spotlight and quite rightly so, but here we have Bnb a coin with solid fundamentals, utility, and a robust ecosystem, showing its strength.
It’s truly refreshing to know that FUNDAMENTALS ARE NOT DEAD! Imagine the impact this has on the market psychology. Traders and investors, who have been laser-focused on meme coins and speculative plays, are now seeing a project with real utility and solid fundamentals breaking new ground.
It's a wake-up call that substance and long-term vision with solid fundamentals still matter in crypto.
Then Hive…..
I can’t seem to shake off the feeling that Hive will mirror BNB’s show of success very soon. Like BNB, Hive has been grinding quite under the radar, with the price of the token almost stable at the $0.3 range for the longest time despite its groundbreaking, unique technology and development.
The potential for Hive to follow in BNB’s footsteps is there. It's all about timing and momentum.
Does this mean alt season is here?
With $BNB breaking new ground, it raises the question: what about other altcoins? Are there other projects with strong fundamentals poised to follow in its footsteps? Could we see a resurgence of interest in utility-driven coins rather than speculative plays?
Could this be the beginning of a new era where solid projects with real utility start taking the spotlight again? Are we seeing a shift in market dynamics where fundamentals begin to matter more than hype?
Is Alt season here? While I think it’s still too early to say, the important thing is that the signs are here and one cannot risk being on the sidelines, no, not this time again. Lock in guys. Things are about to get wild over here.
Thanks for reading.
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Posted Using InLeo Alpha