BNB social volume hits weekly high after CZ comments on new L1
- —New BNB Chain L1 will run parallel to BSC with no separate token
- —BNB Chain social volume hit a weekly high after CZ's comment
- —BNB bounced from the 20-day EMA and pennant support at $733
- —Buyers dominate BNB spot markets, but volume is still missing
Why it matters: Rising social buzz and the EMA bounce could draw speculative demand, but sustained gains need L1 implementation progress and stronger volume.
Source: AMBCrypto