BNB Price Prediction August 2026: Can BNB Break $600 as Ex-Employee Scandal and Index Inclusion Collide?

NewsTue, 04 Aug 2026 11:45:00 UTC7 hours ago
BNB Price Prediction August 2026: Can BNB Break $600 as Ex-Employee Scandal and Index Inclusion Collide?
  • BNB opened August at $590.05, pressing against the Supertrend at $601.41 and 100-day EMA at $602.25 with weekly RSI showing a bullish divergence
  • A former BNB Chain employee allegedly made $628K trading ASTEROID, a memecoin launched using a retained company seed phrase
  • BNB ranked second in the S&P Pantera Digital Asset Index, selected on protocol revenue with 4.5 million daily active users in Q1 2026

BNB trades at $590.05 on August 4, up 0.22%, holding above its short-term EMAs while a former employee memecoin scandal and an S&P Pantera index inclusion land in the same week.

BNB Holds Short-Term EMAs but the Supertrend Is Still Overhead

BNB Daily Chart Analysis (Source: TradingView)

On the daily chart, BNB is sitting just above the 20-day EMA at $578.16 and the 50-day at $582.57, both of which have been reclaimed in recent sessions. The Supertrend at $601.41 a…

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