Binance Suspends EUR Transactions: Price Implications for $BNB, $DOMI, and $PEPE
Binance Coin’s $BNB saw a bearish movement after an ecosystem setback. However, experts are still backing $BNB to surge in late 2023. On the other hand, Pepe ($PEPE) recorded a double-digit loss in early September. However, investors say the best crypto to buy for reliable ROI is Domini ($DOMI).
Find out why investors are backing $DOMI to succeed in 2023, over $BNB and $PEPE.
Binance Coin ($BNB) Ranges in Early September 2023
Binance, the world’s top cryptocurrency exchange, recently suspended EURO transactions via the SEPA payment channel. Binance made this known in a deleted X post on August 20, 2023. Luckily, Binance has announced that it will resume deposit and withdrawals on SEPA by September 25, 2023. Despite this positive development, $BNB price is still ranging.
On September 3, $BNB traded at $214. A week later, $BNB was trading at $212, losing 0.97%. Despite Binance Coin’s quiet market, investors are betting on $BNB to surge in Q4 2023.
$BNB is among the best altcoins in the crypto industry, and the recent Binance Coin smart chain hard fork upgrades have made $BNB more attractive to investors.
Investors Back Domini ($DOMI) to Succeed in Q4 2023
Domini is an innovative art marketplace built to democratize ownership of high-end blue-chip artworks by allowing art investors to win fractional shares in these prestigious artworks.
Domini also provides a transparent marketplace where art investors can trade fractions of artworks and build their portfolios. $DOMI is currently in the presale beta stage, and savvy investors are getting the token for $0.0021.
When the presale stages conclude, $DOMI will hit the mainstream market and sell for $0.0154. Subsequently, Domini investors will see a massive 340% surge in the value of their $DOMI tokens when this price action plays out.
Pepe ($PEPE) Sees More Ecosystem Attacks
On August 24, Pepe announced that three key members executed a rug pull that dumped over 16 trillion $PEPE tokens on the public.
Currently, Pepe’s team is dealing with another ecosystem hack, and this time, on its private Telegram channel. Pepe sent out an announcement via their X platform saying that the old Telegram for Pepe is hacked and is no longer under their control.
In addition, the post said that the hackers of Pepe’s ‘Lordkekol’ account have been using it to push scams and deceive people into fraudulent new DeFi projects.
On September 3, $PEPE traded for $0.0000007865. Within a week, $PEPE lost 10.39% and is trading for $0.0000007054 on September 10. According to analysts, $PEPE will sustain its bearish trajectory through 2023 due to declining investor trust.
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