CZ’s portfolio signals strong confidence in Binance Coin’s future

Binance’s Changpeng Zhao, or CZ, has just unveiled his crypto portfolio in Binance Square’s Trade Profile. The holding astonished crypto enthusiasts, as they were expecting some sort of diversity. Instead, what they saw was a Binance-heavy portfolio showing 98.48% in BNB, 1.32% in BTC, 0.03% in Tether and 0.17% in Euro Coin. This shows CZs strong confidence in Binance and its ecosystem.  

CZ’s investment in Binance is not just a mark of his confidence in Binance but also shows his loyalty towards his company’s native coin. Meanwhile, some sources suggest that CZ’s holing has tipped the scales and has inspired more and more people to hold BNB coins for the long haul. In fact, historical data shows that the coin has managed to spike by 70% in the last few years and is currently going for $640. 

CZ’s Move Lately 

CZ is known to be a sweetheart. In fact, his recent action is reminiscent of that statement. Just recently, CZ decided to donate additional funds to the people who suffered in the TST and BROCOLLI meme coin crash. This shows his commitment towards the community as a whole.  

Like karma, CZ received more BNB tokens than he invested in and pledged to distribute them among the affected users. Therefore, this shows CZ’s active participation in the community and the influence he still has on the lives of people. As a result, the news of CZ’s stepping down from the role of Chairman of its Board of Directors of Binance was a significant move.