Is BNB the new ETH killer

[Renampun]

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All I can say is maybe, it has a posibility to replace eth both bnb and eth is good coin and thier rank is very closed eth is #2 and BNB is rank #3 so a great posibility that bnb will soon replace eth is there, but maybe not this year I think it always takes time because eth is also has a great foundation it is also an amazing altcoin that is very well known  to investor's.

my opinion is different, I am not sure bnb will be able to shift ethereum...

bnb predictions shifting ethereum is the same as ethereum shifting bitcoin it's totally impossible. Until now, Ethereum transactions are still very high, that proves that ethereum has not been abandoned despite its large gas fee.

[Dewi89]

my opinion is different, I am not sure bnb will be able to shift ethereum...

bnb predictions shifting ethereum is the same as ethereum shifting bitcoin it's totally impossible. Until now, Ethereum transactions are still very high, that proves that ethereum has not been abandoned despite its large gas fee.

I also think it is impossible to replace eth from the second position of the top coin, I think bnb needs more time and launch a new breakthrough to make it worthy of second place, NFT market breakthrough will have a good impact on bnb this June.

[leea-1334]

@Renampun ETH gas fees have actually come down more and more since they implemented one of the forks. Still high I agree but this is a slow and steady step towards improvement WHILE maintaining security. Meanwhile BNB fees are creeping up;) I think people should wait for 2.0 before making their final judgments.

Since for BNB doesn't have the foggiest idea what bear market is. Purchasing after large siphon isn't the shrewd thing what you can do. Maybe stand by. The cost of BNB has been moving so fast and that is the means by which it goes, one of the speediest coin as far as recuperation and it's practically close to the unsurpassed excessive cost that it has reached previously.

Also, using automatic translators make your post lack sense, so please stop posting in English using translators.

[LUCKMCFLY]

When we talk that BNB can be the killer of ETH it makes the mind bounce and say NO, of course BNB has had a lot of emergence, in fact it is one of the most sought after currencies and that they use it a lot for casinos, however BNB has an uptrend that has not woken up well yet:

The bears will then try to pull the price down to $211.70. On the contrary, if the bulls thrust the price above the 20-day EMA and the $428 resistance, the BNB/USDT pair could rally to the 50-day SMA ($512).

Source: https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-ada-xrp-doge-dot-uni-icp-bch

When making or comparing ETH and BNB currently, I would say that both coins are recovering satisfactorily. I do not see danger that one currency takes the other, however the comparison fits because they belong to the same classification of alts.

[Amejoaquim]

BNB is growing very fast in recent years.

And I think anything is possible in the crypto world.

Moreover, bnb continues to release new surprises in the crypto world, such as the NFT marketplace which will soon appear.

[LUCKMCFLY]

BNB continues to be related to its short-term movement, little by little it is gaining more ground, ETH is also doing the same, however, more recovery is being noticed by BNB than by ETH, this analysis shows:

The shorter-term six-hour chart supports the possibility of an upward movement towards resistance.

Even if the increase is only an A-B-C corrective structure, BNB would be expected to reach $450.

Source: https://beincrypto.com/bnb-bounces-and-reclaims-long-term-support/

If all goes well, I think BNB will perform well, however ETH is usually the first currency that has the most recovery after BTC, it is usually the highest percentage winner after confirming the bullish trend of BTC, even when BTC has a bullish rally.

[bocyaj]

Actually last year,the ethereum made a good reach.Most of the transaction was made with ERC20.This year BNB smart chain started to rule now.Before the BNB ,tron made a good response among the people.The transaction fee for the trc 20 was zero dollar over a period.Now the transaction fee for the BNB smart chain is just 0.11 dollar.

[dark1234]

the erc20 network is no longer widely used for most cryptocurrency projects at this time so it is possible to be displaced by BNB which incidentally is superior to several aspects of world development. cryptocurrencies and better offerings for users.
so that in the years to come BNB could be in the top 3 lines of the coin unless erc20/eth reforms the transaction system to be more effective and efficient, especially in terms of transaction fees

[numanoid]

Actually last year,the ethereum made a good reach.Most of the transaction was made with ERC20.This year BNB smart chain started to rule now.Before the BNB ,tron made a good response among the people.The transaction fee for the trc 20 was zero dollar over a period.Now the transaction fee for the BNB smart chain is just 0.11 dollar.

You are too short thinking if you only compare based on their transaction fees. Fee is indeed one of reason why people are moving from ETH to BSC, but it's not the only reason. There are lot of advantages while using BSC instead ETH platform, you can make your investment multiple times on Defi, staking, lending, borrow, stake new project on Binance using BNB, and many more. Tron wasn't hype as BSC or ETH, people only using USDT from Tron.

[HaekalZ]

I also strongly agree that bnb is the eth killer, because the development of BNB itself is very good, I can say firmly that binance is the best and number 1 exchange in the world right now, the price of BNB itself I believe can reach $ 1k in the future.

[poodle63]

the erc20 network is no longer widely used for most cryptocurrency projects at this time so it is possible to be displaced by BNB which incidentally is superior to several aspects of world development. cryptocurrencies and better offerings for users.
so that in the years to come BNB could be in the top 3 lines of the coin unless erc20/eth reforms the transaction system to be more effective and efficient, especially in terms of transaction fees

wrong, see most of the new projects, they are deploying their smart contract in Ethereum blockchain and that includes ERC20 tokens
as well, bsc on the other hand is known for low quality project because, frankly speaking many newbies actually starting out in bsc and that's such an easy target
for the scammers to turn their worthless coins into gold by spreading shill and the money gathered by the scammers needs to be dumped somewhere and most of
them are in form of BNB that could make bsc market unstable eventually.

[GelatikKembar]

I also strongly agree that bnb is the eth killer, because the development of BNB itself is very good, I can say firmly that binance is the best and number 1 exchange in the world right now, the price of BNB itself I believe can reach $ 1k in the future.

since Binance launched the Binance smart chain, Binance has become the best smart contract platform with low fees and the ecosystem of BSC is growing rapidly,
yes this is what makes BNB the nickname Ethereum killer, in fact BNB is the ethereum killer, the current BNB price is under $500 again, for me this is a cheap price,
of course buying is a good choice.

[Dr.Osh]

Actually last year,the ethereum made a good reach.Most of the transaction was made with ERC20.This year BNB smart chain started to rule now.Before the BNB ,tron made a good response among the people.The transaction fee for the trc 20 was zero dollar over a period.Now the transaction fee for the BNB smart chain is just 0.11 dollar.

many are disappointed with ethereum because of the hefty fees a few months ago. however, right now, it seems the fee is getting cheaper little by little. even so, people nowadays are more interested in using BSC because the fees are much cheaper. however, Ethereum is definitely under threat from the current BSC.

[judaspriest]

Actually last year,the ethereum made a good reach.Most of the transaction was made with ERC20.This year BNB smart chain started to rule now.Before the BNB ,tron made a good response among the people.The transaction fee for the trc 20 was zero dollar over a period.Now the transaction fee for the BNB smart chain is just 0.11 dollar.

many are disappointed with ethereum because of the hefty fees a few months ago. however, right now, it seems the fee is getting cheaper little by little. even so, people nowadays are more interested in using BSC because the fees are much cheaper. however, Ethereum is definitely under threat from the current BSC.

It's true that more and more people are choosing BSC over Ethereum,
I think it can't be separated from the high ethereum transaction fees although it is currently a bit cheap,
We'll see in the future whether BSC will really shift Ethereum

[Valak]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seemingly doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 


Edit: While the topic may confuse some, I'm not talking about on a product level, I'm more concerned about the price actions. Like it or not, most cryptocurrencies lack utility, to say the least; still, their price actions have been impressive, and for now, the easiest way to know the healthy states of cryptocurrencies in comparison with one another is through market capitalization (whether or not wash trades are involved), else we won't be talking about 'moons', 'bulls' and 'bears'.

The maximum supply for BNB is slightly larger than Ethereum is currently. If BNB is going to beat Ethereum, at least the price of BNB should reach $1800 without any price increase on Ethereum. But if the price of BNB increases, then the price of Ethereum will also increase. So how is it possible that BNB can beat Ethereum, or the Ethereum killer.

[carrie_white]

I think BNB is much better than ETH, because BNB has a much better utility than ETH, and also BNB gas fees are cheaper than ETH, although ETH is indeed much more popular than BNB, but I'm sure BNB will be better known to the public

[Desscount]

I think BNB is much better than ETH, because BNB has a much better utility than ETH, and also BNB gas fees are cheaper than ETH, although ETH is indeed much more popular than BNB, but I'm sure BNB will be better known to the public

Talking about transaction fees ETH is indeed higher than BNB but it doesn't seem like a big problem,
because now little by little ETH transaction fees are starting to decrease,
apart from that all ETH and BNB are the top two coins on coinmarketcap so no need to hesitate

[Dadan]

I think BNB is much better than ETH, because BNB has a much better utility than ETH, and also BNB gas fees are cheaper than ETH, although ETH is indeed much more popular than BNB, but I'm sure BNB will be better known to the public

The only problem for Ethereum is the transaction fee. You can't send a low amount cause the fee sometimes doubles the amount you sent. I even needed to convert Ethereum to the other coins to save the fee for it. I hope that they fixed it soon as it's one of my favourite altcoins. BNB is indeed an alternative for ETH. They are both top-ranked in the market, and the best of it is that the fee is cheaper than other altcoins.

[Woodie]

In my books bnb is so much better than eth in so many ways ,but what separates the two is eth has so many projects docked on its blockchain and shifting these projects onto another blockchain would cost a lot of money for the project which they dread and not forgetting this could potentially compromise hodlers Holdings who might not have the know how on how to migrate to the new chain.

But with time we all are going to realize that bnb has many benefits to enjoy than using eth.