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Jiang Zhuoer: Expects CZ and Binance to Drive "Token-Equity Flywheel," BNCB Unlikely to Fall Below $5.76

Jiang Zhuoer, founder of mining pool LakeBTC, stated in a post that the bStock token BNCB, corresponding to BNB treasury company BNC, once fell below $5, presenting a…

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Jiang Zhuoer, founder of mining pool LakeBTC, stated in a post that the bStock token BNCB, corresponding to BNB treasury company BNC, once fell below $5, presenting a rare high-profitability certainty opportunity. $5.76 is the starting point of the rise after CZ reposted the BNC renaming vote post, making it unlikely to fall further below this level. Additionally, at $5.76, mNAV=61%, and a further decline would equate to buying BNB at a 50% discount. Therefore, he considers $5.5~$5.76 a good entry point. Furthermore, buying small-cap stocks with leverage carries higher risk, so he opts to buy bStock spot, i.e., BNCB. He believes CZ and Binance will drive the "token-equity flywheel," expecting more related events to follow.

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