Jiang Zhuoer: CZ and Binance are expected to drive the "coin-stock flywheel", and BNB is unlikely to fall below $5.76.
1 days ago
Jiang Zhuoer, founder of BTC.com Pool, posted that BNCB, the bStock token corresponding to BNB Treasury Company (BNC), once dropped below $5, marking a rare high-profit certainty opportunity. The $5.76 level was the starting point of its rally after Binance founder CZ (Changpeng Zhao) retweeted BNC’s name change voting post, so a further dip below this is unlikely. At $5.76, mNAV stands at 61%; a further drop would mean buying BNB at a 50% discount. Thus, he considers $5.5 to $5.76 a good entry point. Additionally, he noted that using leverage to trade small-cap stocks carries high risk, so he recommends buying the bStock spot token BNCB. He believes CZ and Binance will push forward the "Crypto-Stock Flywheel" concept, with more related events expected to follow. Today, Binance founder CZ stated that he participated in BNC’s name change consultation vote as a community member. After weighing multiple candidate names, he found his choice aligned with other community members’ voting results. CZ expressed greater support for "BNB Standard", calling it a more impactful name. BNC had previously launched a consultative vote inviting the community to suggest names for the company, with candidates including BNB Reserve, BNB Strategies, BNB Treasury Company, and BNB Standard. BNC clarified that the vote does not constitute a shareholder vote, and the final name still requires board approval and legal review. Driven by this news, CEA Industries’ bStock (BNCB) has continued its rally, breaking above $6.5, with its 24-hour gain expanding to 33%.
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