NDV Lianchuang: Since October, we have gradually built up a position of more than 8 million US dollars in BNB. We believe that BNB and ETH will catch up and lead in the second half of the bull market

Odaily Planet Daily Report: NDV co-founder posted on X stating: "Since October, I have gradually built a position of over $8 million in BNB, believing that in the second half of the bull market, BNB and ETH will catch up and lead the market. Some logic: 1. The fundamental of BNB is composed of the massive cash buyback on the main platform and the Launchpool new coin offerings. Although on-chain asset trading has become the main theme this year and has taken away a certain market share of the CEX, the recent new coin listings show that Binance's wealth effect is still difficult to shake. 2. The sluggishness of Layer2 and some governance tokens proves that a pure narrative does not work, so the price is more inclined to return to the public chain Gas tokens represented by SOL, which is the strongest holding scenario, and BNB Chain, as one of the public chains with the strongest user and capital scale foundation, is just lacking market hotspots and sentiment. 3. The prosperity of the BNB Chain will only be delayed, not absent. We can see that the on-chain activity has improved significantly compared to a few months ago. In addition to analyzing the current situation, we also need to set expectations for the future. The proportion of European and American holders holding BNB is still very low, but with the occurrence of the wealth effect, more people will embrace BNB. The success of Solana this round is mainly due to the combination of Eastern and Western consensus and buying power, and currently the BNB whales are mainly Asian capital, but it also means potential and upside space. 4. Risk points: the wealth effect of Launchpool's VC coins is declining, the BNB Chain ecosystem is slow to take off due to lack of support, the on-chain MEV problem is not solved, and compliance issues."