A long-term cryptocurrency investor has been $ 1,000 to $ 1 million, emphasizing the payment of techniques holding techniques on digital properties.
The “Diamond Hand” holding a cryptocurrency has turned their original $ 1,000 BNB (Bnb) investing in over $ 1 million, marking a 1,000-fold return in eight years.
The investor got their stash for only $ 1,000 when the native token of the Binance ecosystem was exchanged for $ 1 back in 2017, According to To blockchain data platform lookonchain.
Despite the 1,000-fold return, the entrepreneur continues to hold their BNB tokens instead of earning an income, According to In data from Blockchain intelligence platform Nansen.
The near $ 1 million revenue arrived as the BNB token rose to a new full time of $ 1,005 on Tuesday, according to Cointelegraph’s data, which signed the growing investor expectations for an incoming Altcoin period.
Three weeks ago, Raoul Pal, founder and CEO of the Global Macro investor, predicted that the crypto market was in The “Waiting Room” Leading the next phase of the price detection phase, which can expand the top cycle of the market in the first or second quarter of 2026.
“Our work suggests (probabilistically speaking) that the cycle extends to Q1 2026 and possibly Q2 2026 due to the slow -moving business that forces more liquidity longer,” he said in an August 29 x Post.
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Bnb all-time high driven of native utility
A combination of growth factors contributed to the new all-time high $ 1,000 of the BNB, including the native “utility of the token, according to Marwan Kawadri, Defi Lead and EMEA head in the BNB chain.
BNB is a “unique” network token with a growing utility in centralized exchanges, which sees increased demand from institutional investors due to “growing momentum of dats entering with focus on high-quality properties such as BNB,” Kaladri told Cointelegraph.
“(BNB) continues to see strong growth momentum: more developers, more protocols, more capital, more users.”
It creates a “flywheel for the network and native token,” he added.
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“Watching #BNB is from the $ 0.10 ICO price 8 years ago up to $ 1000 today is something that words can’t explain,” Says Binance co-founder and former CEO Changpeng Zhao in a Thursday x post.
“We have our challenges along the way, but we work, we build, and we will hold,” he added.
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