CZ Reacts to BNB Hitting New Record High
Main Idea
Former Binance CEO Changpeng Zhao (CZ) celebrates BNB's new record high, with the token reaching an all-time high of $804, and discusses the altcoin market's potential.
Key Points
1. BNB, the native token of Binance, reached a new all-time high of $804, surging 15% in a week.
2. CZ is believed to personally own about 64% of BNB's total supply, making his holdings worth approximately $76 billion.
3. Bloomberg estimates CZ's net worth at $59.7 billion, ranking him as the 26th wealthiest person globally, though his crypto holdings are not included in this figure.
4. CZ mentioned that CoinMarketCap's 'Altcoin Season Index' is at 54 out of 100, indicating a growing altcoin market.
5. CZ predicts another 'FOMO season' for altcoins, suggesting the rally is not over yet.
Description
BNB is the latest major altcoin that has managed to reach a new record high
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