Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter.
Binance Coin sets new record against BTC
Data from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly spiked above 0.15 BTC to a record 0.15267 BTC on Oct. 30.
The in-house token of Binance, the largest crypto exchange by volume, has gained around 10% in the past 72 hours.
The strong performance came on the back of reports that Binance was preparing to assist Twitter eradicate bots as part of its new direction under Elon Musk.
Binance had contributed $500 million to Musk’s takeover of the social media platform.
“Our intern says we wired the $500 million 2 days ago, probably just as I was being asked about Elon/Twitter,” CEO Changpeng Zhao wrote in a cryptic tweet referencing comments to crypto media outlet Decrypt.
Further posts stated, “Let’s unleash the bird” and “crypto Twitter,” the former appearing to be referencing Musk’s own tweet, “The bird is freed.”
In U.S. dollar terms, meanwhile, BNB hit highs of $318.80 on the day, its best performance since mid-August.
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