The BNB Chain Foundation has just made its first purchase of $95,000 worth of an ecosystem token, directly triggering a market surge. In a short period, the project's token price soared over 40%, with its market capitalization jumping from previous levels to the $20 million mark. It is now stable around $17.5 million.
This move by the foundation clearly boosted market confidence. Direct participation in such ecosystem funds often attracts more attention, especially on mainstream public chains like BNB Chain. The short-term strong performance of the token reflects market recognition of the foundation's support. However, this rapid increase also reminds investors to pay attention to subsequent price stability and the project's fundamentals.
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PrivateKeyParanoia
· 9h ago
$95,000 can bring a 40% increase? Is the foundation serious haha
The foundation's price always goes up after buying, typical confidence game, no idea how it will go later
It's the same old trick, buy first then pump, I won't be the retail bagholder
A 40% increase looks exciting, but stability is really questionable, gotta wait and see
Participating in the BNB Chain ecosystem token fund makes a difference immediately, market psychology is like this
Speaking of which, is this rapid rise driven by real demand or speculation? Need to take a closer look
The foundation's holding signals are quite strong, but don't go all-in, everyone
A rise without fundamental support will eventually fall, I've seen this too many times
Interestingly, the market cap dropped from 20 million back to 17.5 million, that’s probably the real market reaction
The foundation's purchase itself is fine, just worried there won't be follow-up actions
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AmateurDAOWatcher
· 9h ago
Whenever the foundation makes a move, the market follows suit. Is this 40% surge really reliable? I find it a bit hard to see through.
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NewDAOdreamer
· 9h ago
The foundation's single purchase causes a 40% increase. This wave of cutting leeks has a strong flavor of pulling profits.
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StableGenius
· 9h ago
lmao foundation buys $95k and everyone loses their minds... 40% pump on what, exactly? let me explain why this is just textbook coordination theater. market's predictable as always.
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BankruptWorker
· 9h ago
The fund's intervention caused the coin price to soar by 40%. I've seen this trick too many times—quick gains in the short term, but a long-term trap.
The BNB Chain Foundation has just made its first purchase of $95,000 worth of an ecosystem token, directly triggering a market surge. In a short period, the project's token price soared over 40%, with its market capitalization jumping from previous levels to the $20 million mark. It is now stable around $17.5 million.
This move by the foundation clearly boosted market confidence. Direct participation in such ecosystem funds often attracts more attention, especially on mainstream public chains like BNB Chain. The short-term strong performance of the token reflects market recognition of the foundation's support. However, this rapid increase also reminds investors to pay attention to subsequent price stability and the project's fundamentals.