The price of Binance Coin (BNB) has reached an all-time high, surpassing its 2021 high and entering the price discovery phase. Despite regulatory challenges, former Binance CEO Changpeng Zhao remains optimistic about Binance and warns not to focus solely on the token's price. BNB currently has a market capitalization of over $113 billion, ranking it fifth among cryptocurrencies. The token's next potential stop, according to the Fibonacci sequence, could be in the range of $917 to $1,160 per BNB. With regular billion-dollar BNB burns and the recovery from regulatory shocks, the future appears promising for investors.



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