The cryptocurrency market is currently in a thriving mode, inviting a huge influx of funds. This phenomenon is compelling investors to explore the market holistically and, at the same time, bank on coins that are owned by popular crypto realm personalities. Changpeng Zhao, former CEO of the cryptocurrency exchange Binance, shared how he owns a few coins, adding insights about his portfolio style and concept.
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Top 3 Cryptocurrency Coins That Changpeng Zhao Favours
1. Bitcoin (BTC)
Bitcoin is one of the primary coins that CZ owns, as per one of his earlier interviews. CZ shared how he bought Bitcoin in 2014 and has spent a few coins in recent years, but he is holding the majority of his BTC stock.
“I bought some Bitcoins in 2014. And I spent a little bit of it over time, but I held onto most of it. I did not sell.”
As the Trump-Musk duo takes over the US presidential route, the price of BTC is bound to get better with time.
Per CoinCodex, the cryptocurrency may hit the $111K mark by the end of December 2024.
“According to our current Bitcoin cryptocurrency price prediction, the price of Bitcoin is predicted to rise by 15.16% and reach $ 111,165 by January 3, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 78 (extreme greed). Bitcoin recorded 19/30 (63%) green days with 10.18% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
2. Binance Coin (BNB)
It would be highly ironic for CZ to not own any BNB coins considering he is the former CEO of the cryptocurrency exchange Binance. BNB is the native coin of the Binance cryptocurrency exchange and is currently trading at a high price of $761, already eyeing a new price high in the process. Speaking about the token in detail, CZ shared how he owns a sizable amount of BNB coins in his portfolio.
“The other asset I hold, which is the majority of my net worth, is BNB (Binance coin). Personally, I don’t hold any other coins. I am a decent-sized shareholder in Binance if we ever want to realize the equity value someday.”
Per CoinCodex, BNB is already on track to hit another price high in the month of December 2024. The token may claim a new high of $855 by the end of this month.
“According to our current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 12.54% and reach $ 855.32 by January 3, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 78 (extreme greed). Binance Coin recorded 18/30 (60%) green days with 4.18% price volatility over the last 30 days. Based on the Binance Coin forecast, it’s now a good time to buy Binance Coin.”
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3. Dogecoin (DOGE)
As per CZ, Doge is an asset that the Binance CEO finds valuable, but it’s not an asset that he owns at the moment. In one of his interviews, CZ praised DOGE cryptocurrency, sharing how the token’s past performance reminds him of the true power of decentralization.
“If a large enough number of people in the community values it because it’s cute because they like the meme, then it has value.”
In addition to this, Elon Musk heavily favors Dogecoin, and as he prepares to take the official DOGE role, the price of the token is bound to skyrocket sooner rather than later.
Per CC, Doge cryptocurrency may sit at a new stable price spot of $0.39 by the end of December 2024.
“According to our current Dogecoin cryptocurrency price prediction, the price of Dogecoin is predicted to drop by -6.08% and reach $0.392559 by January 3, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 76 (extreme greed). Dogecoin recorded 20/30 (67%) green days with 25.71% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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