Something’s cooking in the crypto kitchen, and it’s spicy. Binance Coin (BNB) just blasted through the $800 ceiling, hitting an ATH of $804.
Over the past week, BNB climbed more than 14%. Investors, buckle up, ‘cause former Binance CEO Changpeng Zhao, or CZ is waving that flag like a boss.
Estimations
Picture this, CZ’s sitting pretty with about 64% of BNB’s circulating supply in his pocket, that’s roughly 95 million tokens.
Forbes puts that stash’s worth at $76 billion. And that’s just the crypto slice of his empire, don’t forget his equity in Binance, the biggest crypto exchange on the planet.
Bloomberg, ever the skeptic, ranks CZ’s official net worth at $59.7 billion, making him the 26th richest guy on Earth. But here’s the twist in the story, because that figure doesn’t count his private crypto hoard.
They even slapped a lowest confidence label on this estimate, saying, hey, your guess is as good as ours.
With BNB climbing like a rocket, CZ’s power and wealth keep growing, quietly, yes, but boy, they’re growing.
Price targets
CZ took to X earlier this week to spotlight the CoinMarketCap Altcoin Season Index hitting 54 out of 100.
The index measures if alts, like BNB, are outperforming Bitcoin. Over 50? That means the smart money’s flowing into altcoins, baby.
CZ calls this the early innings and predicts a full-blown FOMO season where investor excitement drives prices sky-high and wallets fat.
The crypto community’s already fired up. Online, fans are chanting price targets like it’s game day. That’s the spirit.
CoinMarketCap has an Alt Season Index feature. Not sure how accurate it is, but it is ticking up.
FOMO season soon…https://t.co/pWyzuhuexv
— CZ 🔶 BNB (@cz_binance) July 23, 2025
Volatility
What’s behind BNB’s surge besides hype? It’s all about utility, guys. BNB powers Binance’s ecosystem.
It chops your trading fees, fuels the BNB Chain, and backs a slew of decentralized apps and Web3 projects.
That’s a solid foundation in a world full of moonshots and magic beans. Still, if you think this party’s free of risk, think again.
Crypto’s volatility is legendary, and those price swings can make you a hero, or send you running for the hills.
I’m super confident BNB is going to hit $5000. I’m still holding because BNB never stops building and CZ is still riding with it.
— Mr. WHALE (@MrWhaleREAL) July 23, 2025
So, BNB’s record-smashing run shows the altcoin momentum is real, and CZ’s gearing us up for a frenzy that might make heads spin. The FOMO season may just be starting.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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