how hard will Binance coin (BNB) get dumped?

[OrangeII]

Binance will always be in demand but it will drop as dex and atomic swaps take over. centralised exchanges can be hacked and they don't seems to have enough in cold storage to recover

even when binance is hacked, BNB prices are not so affected. for now, I don't think that this coin will be a dump. in fact, I think the opposite, that the potential to see this coin has a high price is still very large this year.

[wekael]

but it went up

[novusordo]

Binance will always be in demand but it will drop as dex and atomic swaps take over. centralised exchanges can be hacked and they don't seems to have enough in cold storage to recover

even when binance is hacked, BNB prices are not so affected. for now, I don't think that this coin will be a dump. in fact, I think the opposite, that the potential to see this coin has a high price is still very large this year.

Exactly. I do not see any dump incoming for bnb. The CEO has ticked all the right boxes and how the exchange positively reacted to the hack worth over 40 million dollars has further  endeared it to the crypto community

[HELLOFF]

Binance will always be in demand but it will drop as dex and atomic swaps take over. centralised exchanges can be hacked and they don't seems to have enough in cold storage to recover

even when binance is hacked, BNB prices are not so affected. for now, I don't think that this coin will be a dump. in fact, I think the opposite, that the potential to see this coin has a high price is still very large this year.

Exactly. I do not see any dump incoming for bnb. The CEO has ticked all the right boxes and how the exchange positively reacted to the hack worth over 40 million dollars has further  endeared it to the crypto community

I also do not see any special events regarding the BNB coin.  But since Binanse today holds a large number of IEOs, and all the statements that the BNB can compete with the ethereum can be quite reasonable.

[jvdp]

Binance will always be in demand but it will drop as dex and atomic swaps take over. centralised exchanges can be hacked and they don't seems to have enough in cold storage to recover

See their launchpad idea and other critical ideas to hodl the BNB in the platform itself. You people to understand their strategy to increase the funds reserve and other kinds of stuffs.
I believe because of their big reserve we may find the BNB at the 50 USD soon this year end or before that.

[arjuna BTC]

with all the drama about Binance today after they got hacked and also the fact that BNB was already in a big bubble after its pump, how hard do you think their token is going to get dumped now that their business is facing a crisis?

BNB supported by the biggest exchange in this industry,
thats why BNB price will recover soon, when the price drop
because for sure binance will always support this coin and never let bnb drop hard mate

[suzanne5223]

I invested my first amount of BNB when i saw how they reacted to the hack. They got some trust now from me.

The way the Binance team responded professionally to the hacking exchange also impressed me. It’s a pity that I didn’t buy coins when they were worth $6-$7 when I had the opportunity. Although now is also a good time to buy BNB, because the exchange constantly burns a certain amount of coins and this reduces their overall supply.

Yes, already they mentioned they will decrease the supply until their total supply seems to be 100 million, every three-month BNB coin price is kept increasing and you can see already BNB coin is accepted in many stores. So the demand for BNB coin is kept increasing and this is a very good chance to grab BNB coin even at this level.

Firstly, the total supply of BNB was 189,175,490 and the current circulation was 141,175,490 BNB as stated on capital market so I don't see any reason why they will decrease the supply of the coin or what will make the coin dump so hard. Like you said, some stores are noe accepting it, it has gain the trust of a lot of investors and it now number 7 capital market.