Svmuu News CZ posted on platform X stating that, as a shareholder, he hopes for Binance's valuation to increase, but the reality is that when cryptocurrency prices fall, Binance's valuation cannot increase. Binance is the largest cryptocurrency exchange, and its growth and contraction are synchronized with the industry. A crypto winter means reduced trading volume, and low coin prices mean reduced transaction fees. Therefore, he or Binance always hopes for industry growth, or more explicitly, for the prices of all mainstream cryptocurrencies to rise. He or Binance never shorts or attempts to "suppress prices."
CZ stated that although he appreciates Forbes' high praise for Binance, Forbes' estimation of his net worth growth based on Binance's recent valuation increase is, at least in his view, illogical.
CZ: Forbes' estimation of my net worth growth based on Binance's recent valuation increase is illogical
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Billionaire investor Chase Coleman’s Tiger Global fund disclosed in its latest 13F filing that its top five growth stocks are all focused on AI infrastructure, including TSMC, NVIDIA, Amazon, Meta, and Google.
-
2
Liquidity Crunch in Cryptocurrency Mining: Causes and Analysis of the Current Situation in 2026
-
3
Analysis of CRYSTAL’s Value and Investment Potential: An Examination of Multiple Projects and Risk Assessment
-
4
Will the BEAM token go to zero? Could it rise to $1,000? An in-depth analysis of the Beam network and its market prospects
-
5
Federal Appeals Court Rejects Bid to Block Trump’s Mail Voting Restrictions
-
6
The analysis points out that Iran’s overlapping centers of power complicate efforts to end the war with the United States, and that the Revolutionary Guards possess significant operational autonomy.
-
7
India’s Kerala Struggles to Care for Aging Population with Low Fertility Rate
-
8
Israeli West Bank Settler Tells BBC Attacks on Palestinians Are Justified as Revenge, Equating One Jewish Life to "10 Million" Palestinians
-
9
Donald Trump TRUMP (TRUMP) 2026 Outlook: Analysis of Price Trends and Key Influencing Factors
-
10
ETH2X-FLI-P: An Analysis of the 2x Leveraged Ethereum Index Token on Polygon
Markets Today
Recommended Reading







