Don't buy Binance coin BNB is currently at big weekly support of $210 which I believe will be broken sooner or later.
Once we lose that support, the next one is at $45 (80% lower).
Even though I don't think $45 could be reached, we could see a serious decline in the price.
I don't expect to see a fall of Binance as an exchange but I expect tighter regulation, maybe even some countries restricting their citizens' access to Binance.
All these things will impact the fundamentals and the price of BNB.
On top of that, the distance to the all-time high is less than 150%.
Investing in BNB at this price and at this moment does not make any sense (high risk - low reward potential).
