<ul><li>Binance's native token, BNB, has dropped 1.5% in the past day, despite legal challenges in Australia.</li><li>The Australian Securities and Investments Commission (ASIC) is suing Binance Australia for misclassifying retail investors.</li><li>BNB is currently ranked sixth with a market capitalization of $103 billion.</li><li>BNB's price reaching $1,000 depends on strong fundamentals and overall positive crypto sentiment.</li></ul>

Will Binance's BNB Reach $1000? Price Prediction Amid Legal Challenges in Australia

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