— CZ Binance (@cz_binance) May 19, 2019
BNB has seen its value increase by approximately 40% since the hack. | Source: CoinMarketCap
It looks like investors aren’t the least bit worried about the security of crypto exchange Binance after the hack. Meanwhile, the success of Binance Launchpad in hand-picking, cultivating, and offering new cryptos to investors is holding up the business and keeping demand for BNB strong.
Binance Launchpad Coins Surfing the Rising Tide
Even before retail investors including crypto whales and Wall Street hedge funds started piling up on bitcoin this spring, unmistakably shaking off the crypto winter malaise, Binance Launchpad was leading an altcoin boom in 2019.
In February, Binance launched two simultaneous token-sale sessions for TRON Founder and CEO Justin Sun’s BitTorrent (BTT) – one for purchases in BNB coin and the other for purchases in TRON (TRX). It sold out in 15 minutes. If Binance had deployed more computing power, it could have processed the queue faster and completed the ICO in even less time.