BNB token exhibited an impressive 15% rise over the past week, leading to renewed discussions about its founder Changpeng Zhao's wealth.
Record Growth of BNB
In the past week, the BNB token reached an all-time high of $804, associated with growing interest in Binance and the cryptocurrency market. Changpeng Zhao noted this success on his X account.
Changpeng Zhao's Wealth
According to Forbes, Zhao controls about 64% of the total BNB supply, amounting to around 95 million tokens. As of now, his BNB assets are valued at $76 billion. On the other hand, Bloomberg calculates his net worth at $59.7 billion, considering only Binance shares.
Altcoins and Index
The Altcoin Index shared by Zhao, powered by CoinMarketCap, currently stands at 54. This indicates altcoins strengthening relative to Bitcoin. Zhao predicts that this trend will continue, likely triggering a FOMO period among investors.
The rise of BNB and information regarding the Altcoin Index suggest an increasing interest in risky assets and the broader Binance ecosystem.
