Did a cryptic Binance tweet just pump STEEM by 2.7%?

What's the first thing that comes to your mind when you see this tweet?

If your immediate reaction was to go and buy as much STEEM as you can, then you should probably join the Binance Telegram group:

Apparently, the crypto community went full Da Vinci Code on what is essentially just a photo of some vapor, and decided it was irrefutable proof that STEEM is migrating to Binance Chain. In other news, STEEM has gained 2.7% in the last 24 hours, and has exploded in social mentions:

I’ll let CryptoSnake explain what’s going on here:

Of course, there is absolutely no proof whatsoever that this is the actual meaning of the tweet. In fact, other twitter users have come up with alternative and IMHO equally or even MORE reasonable explanations of the image. Here’s just two of them:

  1. This could be a reference to ‘vaporware’, considering Binance has recently delisted BSV and CZ has publicly called Craig Wright a fraud.

2. This image was posted on 4/20. Sooo...yeah.

Regardless of its original purpose, I think we can all agree that the above image/tweet definitely means one thing: Binance has an astonishing influence on the crypto market.

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!


Conversations (0)

No comments yet
Be the first to comment