BNB

‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt

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According to reports, the BNB showed unusual strength during the recent market crash that wiped out nearly $20 billion in liquidations at the peak. The token barely moved at first, losing around 2-3% during the initial shock, and subsequently traded above $1,130, gaining over 10% in 24 hours as buyers returned.

CZ dismisses skeptics

Changpeng Zhao, the former head of Binance, responded on social media to critics who suggested that BNB’s steady price action deserved closer scrutiny.

He mocked those raising the alarm, using a laughing emoji and urging people to share more examples of BNB’s strength.

He also said he was not aware of any affiliated entities that have bought or sold BNB in ​​recent days and highlighted the community and infrastructure behind the chain as a reason for trust.

According to data from CoinMarketCap, BNB’s limited decline placed it in the same group as Bitcoin among the top five coins that recorded minimal daily losses during the liquidation event. This placed BNB among a small set of assets that outperformed peers as the market bled.

Community and utilities provide support

Reports have revealed several practical reasons why BNB has resisted. The token offers discounts on trading fees, which become more valuable as volatility increases and trading volume increases.

The network’s revenue has also increased with increased activity, giving the token real transactional demand beyond speculation. The deflationary design of BNB tokens has been mentioned as another factor that can support the price under stress.

Some observers have highlighted a further characteristic: the lack of involvement of market makers. CZ reiterated that claim, saying the project doesn’t rely on affiliated business entities to support prices and that the chain’s community and core functions help absorb shocks.

Analyst opinions and market movements

Prominent Altcoin trader Sherpa described the token as “insanely strong,” noting that its outperformance was astonishing even during a broad market rebound. Market participants noted that BNB’s intraday loss proved deeper than its modest seven-day decline, suggesting that buying interest has reappeared at key levels after the worst of the sell-off has passed.

Some data in the cryptocurrency industry reported that some meme-focused tokens plummeted by up to 80% during the same period. In contrast, BNB’s deepest decline at one point reached around 17% before recovering, a pattern that left traders debating whether the move was driven by real demand or the particular structure of the Binance ecosystem.

Featured image from Getty Images, chart from TradingView

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