Binance.US is officially launched - but the company has a serious problem!

Binance is starting to have a problem. Their BNB is losing a few percent each week, and the exchange rate is also slightly decreasing. The real problem can only occur when the BNB loses a large part of its value. He may not watch a great escape of traders from this exchange. Because few want to hold a cryptocurrency that loses value.

The BNB far outstripped the growth of BTC, Litecoin and Ethereum, reaching almost 600% in the short term, compared to a 300% increase in BTC from $ 3,100 to $ 13,800.

This growth seems to have been driven by new exchanges and projects supported by Binance. In addition to new projects, the BNB was driven by a positive market sentiment.

Since the BNB recorded a record value of nearly $ 40 on June 22, the BNB has been in a downward trend since then. The real problem seems to have begun when Binance announced that US-based users will be banned from trading at biannce.com and forced into a regional version of Binance America.

The BNB token increased slightly as the market announced that the US version of Binance would soon begin. However, the mood deteriorated again as the media reported that the number of digital assets and pairs offered was negligible compared to the original platform.

Is the BNB still bullish?

Despite worrying news and price disappointments, the BNB still has many important fundamentals to come.

On Tuesday, Binance.US has revealed that it will gradually expand binance.us over the next few months.

Another positive for the future for the BNB is that the native token is used to pay for the Futures Trading platform for Binance. Two weeks ago, Binance announced that it would include all current and future BNB-based products and services in the upcoming coin burning.

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