Will BNB become the king of all coins

[Ziskinberg]

BNB and Binance surely have great accomplishment no doubt about that BNB is a coin of binance which top in terms of exchanges recently launches binance US with these influences BNB surely a good coin to hodl but will never be the king of all coins. It's always been Bitcoin.

They launch the exchange to cater the US clients but they were not able to cater all the state in US, it's not an improvement as they still lose some old clients that were excluded in the restricted state.

You can check this source of information. https://www.coindesk.com/new-york-among-13-states-excluded-as-binance-us-opens-for-registrations

[1714218226]

1714218226

[1714218226]

1714218226

[1714218226]

1714218226

[sempak]

It seems that the last few months BNB experienced a setback due to the large number of investor losses due to the IEO. and also the price of BNB has decreased quite significantly as well. to become an altcoin king is not possible if the development is not so fast

[clickerz]

It seems that the last few months BNB experienced a setback due to the large number of investor losses due to the IEO. and also the price of BNB has decreased quite significantly as well. to become an altcoin king is not possible if the development is not so fast

 Applications and adaption of BNB must be beyond Binance to become king and thats too far to reach in my opinion. The most important here  is adaption and its development.From previous development, BNB is okay. It rival and comparable to several major coins. Its use in IEO and having several pair is commendable.

[Arsenyo]

BNB is definitely one of the best altcoin to invest now and of course BNB tokens will continue to grow as Binance is a leading exchange. But I am sure it couldn't replace Bitcoin or even Ethereum.

[skarais]

BNB is definitely one of the best altcoin to invest now and of course BNB tokens will continue to grow as Binance is a leading exchange. But I am sure it couldn't replace Bitcoin or even Ethereum.

Changing bitcoin or even ethereum in the top position seems still impossible.  But when viewed in terms of trading volume maybe it will be able to rival bitcoin and ethereum in the future and I feel agree with that.  When compared with other coins, it seems that BNB will be suitable for long-term investment assets.

[bitcoinposts]

Bnb developments definite prove us bnb will me most stable coin members can trust equivalent  to bitcoin in the near future

[silversurfer1958]

As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?

No, it is not possible.  It will only be the king of exchange coins.  In my opinion, Binance has really had a glorious year with Binance Launchpad.  It was a great initiative and made BNB's value increase by 670% in just 3 months.  a commendable achievement.  But it still cannot compare with ETH platform and other technology coins.  The new Ethereum platform is really worth praising because smart contracts and their platforms are too good.  They have served over thousands of different projects on the platform.  For me, Ethereum is still the king of all altcoins.

[jazmuzika217]

I think this is possible according to data news that you mentioned. When we look to the service charge it is very low compare to other so it is BNB advantage than other coin because people is always choose the lower charge. Now that the bitcoin is continue to fall other coin like BNB have a good opportunity to take the crown and be the king of all coins.

[X-ray]

As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?

No, it is not possible.  It will only be the king of exchange coins.  In my opinion, Binance has really had a glorious year with Binance Launchpad.  It was a great initiative and made BNB's value increase by 670% in just 3 months.  a commendable achievement.  But it still cannot compare with ETH platform and other technology coins.  The new Ethereum platform is really worth praising because smart contracts and their platforms are too good.  They have served over thousands of different projects on the platform.  For me, Ethereum is still the king of all altcoins.

Their coin heavily affected by the performance of the exchange itself. that's a sign that the coin is kind of fragile and if BNB become the king of all coins that means Binance will also rule the crypto market aswell and that kind of dominance is bad in my opinion because people who are in cryptos always favour decentralized over anything and freedom.
However, if there are suddenly appear exchanges that could heavily compete with binance, BNB will definitely be affected in the future. It's not that a coin that recently perform really good will always be good it's all depends on the fundamentals of the coin.

[Raymzopai]

Though BNB seems to be a promising coin but i cant regard it as the king of all coins. Bitcoin is still the king of all coins and can never be replaced

[Pearls Before Swine]

As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

Okay, but there are a lot of coins that could perform that feat just as well, not that this is a big concern for most people.  There's really nobody who transfers that much coin unless they're a whale, and they are the exception, not the rule.

they must pass through their master 'ETH' before conquering BTC.

And I don't think BNB is even going to overcome Eth in terms of adoption, tho it's quite possible that BNB could achieve a larger market cap.  That's why I don't regard market cap as a big indicator of anything important. 

As long as binance remains relevant, BNB will be extremely popular.  But you would be crazy to think that it could ever become more popular than bitcoin.  That just isn't going to happen.

[shield132]

I don't know what you guys think about altcoins and cryptocurrencies in overall but to my mind most part of their users use it because of better anonimity and privacy protection. Still cryptos are great investment option and in this profile, I highly doubt anything will come closer to bitcoin so I think BNB has zero chance here. On another hand if we talk about anonimity, currently nothing can come close to Monero so no place of BNB there.
To sum up, how can it become king of all coins? In which aspect BNB shines? TX fees? Oh no, believe me.

[llecrf]

Bnb developments definite prove us bnb will me most stable coin members can trust equivalent  to bitcoin in the near future

Bitcoin and BNB are not the same and the price of Bitcoin will remain higher than altcoin, the price of 1 BTC is currently above $ 9k and I never thought BNB coins could reach $ 100 in the future, as we have seen, many exchanges are creating new tokens when However, some still have low trading volumes, but Binance has many competitors in the future, so the price of these coins will go down.

[rmhuntley]

BNB Coin One of the best altcoins of the moment, but to be the king of the coin does not seem, Because Bitcoin remains the king of Crypto

[superstrength]

With such success, I still do not think BNB will become the king of Altcoin. Because the market for cryptocurrencies is constantly fluctuating daily and hourly. There are many other powerful currencies

[Pham_Kinh_Kong]

BNB has grown tremendously. I believe that with such success, BNB can become the king of All coin. Do you believe it?

[Colt81]

BNB has grown tremendously. I believe that with such success, BNB can become the king of All coin. Do you believe it?

BNB is really having improvements when it comes to it's price, that is why more investors are buying BNB than other cryptocurrencies. But i think it will be impossible for BNB to be the king because bitcoin would remain dominant and ethereum would remain the top 1 altcoin in the market, so there is a less chance for BNB to defeat these coins.

[Vishnu.Reang]

The average lifespan of a cryptocurrency exchange is around 2 years. We have some exchanges such as Bitstamp (2011) and Coinbase (2012) which have survived for much longer than that, but they are an exception. Binance was founded in 2017, and it is just 2-3 years old. Although it is doing good now, there is no guarantee about its long-term survival. No one expected exchanges such as Cryptopia and BTC-e to close down all of a sudden, but that happened. It can happen with Binance as well.

[Arkann]

The average lifespan of a cryptocurrency exchange is around 2 years. We have some exchanges such as Bitstamp (2011) and Coinbase (2012) which have survived for much longer than that, but they are an exception. Binance was founded in 2017, and it is just 2-3 years old. Although it is doing good now, there is no guarantee about its long-term survival. No one expected exchanges such as Cryptopia and BTC-e to close down all of a sudden, but that happened. It can happen with Binance as well.

If we are talking about the cryptocurrency market, then I would not give any guarantees whatsoever.  If someone invests in BNB, then this person should always constantly monitor the situation on the Binance cryptocurrency exchange and provide all options for the further development of events, as well as what prospects Binance expects in the future.  Today, BNB is primarily valued because of IEO in the Binance, as well as because of the balance of the cryptocurrency exchange system, which in my opinion is the leader in the entire cryptocurrency market in this regard.  But the risk is always present and everyone should know this and assume various options for the development of events.

[Sithara007]

If we are talking about the cryptocurrency market, then I would not give any guarantees whatsoever.  If someone invests in BNB, then this person should always constantly monitor the situation on the Binance cryptocurrency exchange and provide all options for the further development of events, as well as what prospects Binance expects in the future.  Today, BNB is primarily valued because of IEO in the Binance, as well as because of the balance of the cryptocurrency exchange system, which in my opinion is the leader in the entire cryptocurrency market in this regard.  But the risk is always present and everyone should know this and assume various options for the development of events.

In that case, if there is a slowdown affecting the IEOs, then it should be having a negative impact on Binance as well. So far they are doing good, raking in huge revenues from all over the world (especially from East Asia). But it is important to make sure that their revenue model is sustainable. I don't know what percentage of their revenue comes from the IEO listings, but they should be prepared for any adverse conditions affecting that sector.

Another risk comes from the hackers. So far Binance have managed to prevent the hackers from stealing its coins (with the exception of one incident earlier this year, when the criminals managed to steal BTC7,000). The trick here is to stay one step ahead of the hackers. At least half a dozen exchanges including Binance and Bithumb were targeted this year.