$BNB is up 8.05% this week and trading at $774.74, and the number that actually matters here is a currency.
Kyrgyzstan just launched KGST, a sovereign stablecoin built on the Sign and BNB Chain framework made for national currencies. that's a country running its own money on this chain.
i think that's the real story. every other government that plugs into this same framework is more settlement volume that has to touch BNB Chain, and volume moves a token long term, headlines don't.
right now $BNB last trades at $774.74, 24h high is $784.96, 24h low is $745.90. if it holds $745.90, i think it grinds back up toward that $784.96 high as this stablecoin story keeps building. if it loses $745.90, i'm wrong on this and anyone who bought the news is holding a bag with no story left under it.
holding $745.90 or losing it?
follow me for more calls like this.
Kyrgyzstan just launched KGST, a sovereign stablecoin built on the Sign and BNB Chain framework made for national currencies. that's a country running its own money on this chain.
i think that's the real story. every other government that plugs into this same framework is more settlement volume that has to touch BNB Chain, and volume moves a token long term, headlines don't.
right now $BNB last trades at $774.74, 24h high is $784.96, 24h low is $745.90. if it holds $745.90, i think it grinds back up toward that $784.96 high as this stablecoin story keeps building. if it loses $745.90, i'm wrong on this and anyone who bought the news is holding a bag with no story left under it.
holding $745.90 or losing it?
follow me for more calls like this.
