BNB Don Hit $880 Record High Despite Windtree Nasdaq Delisting

Crypto market dem rebound as Bitcoin dey stand above $114,000 and altcoins like ETH, SOL, plus DOGE rise over 5% inside 24 hours. BNB jump 7% reach intraday high of $881.9, set new all-time record. But Windtree Therapeutics (WINT), di US biotech company wey yan BNB as part of im treasury plan, con get Nasdaq delisting notice cos e no follow compliance after dem stock trade below $1 since middle 2024. For August 20, WINT shares drop 77.2%, wipe over 90% value inside one month and reduce market cap go $3.15 million. Windtree first put part of operation fund inside BNB on July 16. E later yarn $520 million financing deal to convert 99% proceeds to BNB, with custody and OTC service from Build and Build Corp and Kraken. But di company R&D loss dem still dey continue, no revenue dey and crypto assets volatility high. All these cause investor confidence fall, make stock collapse. This one show say crypto treasury initiative fit boost shares price for short time but no fit replace solid core business foundation. Investors suppose check company operation, financial structure and how strategy make sense before dem rely on crypto adoption as value catalyst.
Bullish
Di whole market own reaction na dey bullish. BNB record-breaking run up to $880 show say demand strong and crypto sector still dey positive momentum. History wey go before like MicroStrategy Bitcoin treasury strategy show say market sentiment dey based more on core asset performance pass corporate stock outcomes. For short term, the new high fit make buying pressure increase plus FOMO, wey go push BNB price higher. Even though Windtree Therapeutics dem delist from Nasdaq and shares fall 77%, e show say using volatile crypto as company treasury get risk, but e no reduce BNB fundamentals. For long term, as more people dey use BNB for DeFi and staking, plus the Binance ecosystem dey grow, e go support the bullish trend wey go continue. Traders suppose dey watch key support levels around $800 and dey check volume confirmation when breakout happen to know if the trend fit continue.