Four ( $FORM ) is the rebranded version of the BinaryX token ($BNX), marking a significant advancement in the project's vision. This token is an integral part of the Fair Launch platform Four.meme that the team has nurtured and released on 03/07/2024. As part of the larger BNB Chain DeFi ecosystem, Four continues to enhance innovation in GameFi, IGO Launchpad, and decentralized financial solutions.
Before Rebrand (Before March 2025), there were allegations (rumors/FUD) regarding the BinaryX dev team secretly selling (secret selling/dump treasury tokens), mainly focusing on December 2022 – a period when the BNX price crashed sharply from ~$175 USD to ~$17-80 USD (a drop of >50-80% in just a few days).
Eliminating the “Black History” of BNX Token
2022: FUD secret selling → price crash from $175 → $17.
2023: Split token 1:100 → “cheap” price ($0.14) → considered as “penny stock”.
2024: Burn 74% supply → but the name BNX still retains the old FUD.
Rebranding is the process of changing the brand name, logo, image, message, or even the business model of a project, product, or company, in order to create a new identity that better aligns with development goals, attracts new users, or sheds an outdated/negative image. $FORM , the above are the reasons for you to short #FORM
Risks and opportunities: Narrative proof-of-humanity is trending, with broad applications in DeFi, governance, and anti-bot measures. It has been listed on many major exchanges (Binance, Bybit, KuCoin, etc.), and if the team executes the roadmap well (such as expanding partnerships), the price could reach new highs.
Risks: High token concentration, regulatory risks regarding biometrics, and strong volatility due to the crypto market. If it loses current support, it may dump further. Not financial advice – DYOR
Sentiment from the community (on X): Bullish due to unique technology and Web3 potential, but bearish due to negative funding, lack of natural demand, and price structure seeming controlled. There is controversy regarding the founder (history of failure) and unfair airdrop.
looking at it, it's a pity, if I dismantle it, it will be sold out immediately, planning to short (if the short is successful, it will fully benefit from the dip), also knowing that it will continue to push the items, that's what I'm afraid of shorting. There’s an opportunity, but I'm hesitant to jump in; now I'm just waiting to short.
buy123sell
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This area sells reasonably lightly. Just don't go all in.
The paid messaging platform ReachMe built on the BNB Chain has just announced its permanent shutdown, with all services turned off.
Previously, ReachMe attracted attention when CZ used this platform to receive private messages, charging 0.1 BNB (~60 USD at that time) per message, later reducing it to 0.08 BNB, and then increasing it back to 0.2 BNB.
This move follows a series of crypto projects announcing their closure this week, including DEX Bunni and the Kadena blockchain $KDA
DEX Bunni was forced to cease operations indefinitely after an 8.4 million USD hack, as it no longer had sufficient capital to maintain operations.
Kadena, a Proof-of-Work (PoW) blockchain launched in 2016, also announced the dissolution of most of its team, with the KDA token price plummeting more than 60%.
The consecutive collapse of ReachMe, Bunni, and Kadena reflects the current difficult phase of the crypto market.