finaleshot2016
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Degen in the Space
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April 29, 2021, 05:00:30 PM |
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BNB has a chance to become the king of altcoins, but not all of it, since bitcoin is still the king of all crypto.
As we've seen, BNB can be the king of altcoins because there is a lot of defi being produced every day and it's all under the BSC. Even the safemoon, which has 1.4 million holders in just a few months, is subject to BSC. The transaction costs in BSC are relatively low as compared to the ethereum blockchian, which is why many traders prefer it.
...However, if ETH 2.0 is released, the DeFi craze would most likely resurface on the ETH mainnet.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Ten98
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April 29, 2021, 05:01:27 PM |
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Yeah it may.
But first it has to overtake eth.
Than we can assume that it can be the king of the altcoins.
But its first target should be overtake eth first.
They are already giving a tough competition to eth. So lets. See what happens next.
Yes, and overtaking ETH is not an easy matter for anyone because the power of ETH has been formed for a long time in the crypto space so it takes a very hard effort to overtake it, especially now that the price of ETH continues to increase making ETH stronger in its current position so it will be very hard to overtake. |
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conected
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April 30, 2021, 05:07:05 PM |
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BNB has a chance to become the king of altcoins, but not all of it, since bitcoin is still the king of all crypto.
As we've seen, BNB can be the king of altcoins because there is a lot of defi being produced every day and it's all under the BSC. Even the safemoon, which has 1.4 million holders in just a few months, is subject to BSC. The transaction costs in BSC are relatively low as compared to the ethereum blockchian, which is why many traders prefer it.
...However, if ETH 2.0 is released, the DeFi craze would most likely resurface on the ETH mainnet.
- Yes, bitcoin is still the main wave of this market, which means the market change depends entirely on it, an alternative and being beaten too big can cripple investor confidence in crypto, besides, BNB is just a new journey, not enough experience to beat an old project like bitcoin, seeking struggle only for bitter fruits and humiliating failure. Struggling with a respective competitor will gain more experience and improvement in the same field, here I mention ethereum, exceeding ethereum would have access to the heels of bitcoin |
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mulia sabee
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April 30, 2021, 05:13:03 PM |
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I am still not sure that BNB will dominate the market and even become the king of all digital currencies, I think Eth is superior to BNB and Eth will remain in its position as the top altcoin under Bitcoin. I think ethereum is going to be the king of all altcoins
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abralzain17
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April 30, 2021, 06:07:18 PM |
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maybe it will happen with Binance leading all altcoins or becoming the king of digital currencies when viewed from its current development.
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Musekay
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April 30, 2021, 11:28:59 PM |
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I won't really say yes or no to this question but all i can say is lets watch and see how it goes. BNB is really moving at a record breaking pace and that is really good for the coin. But the question of becoming the king of all coins. Well like i said it's better we all keep watching and see what happens
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lexkiee28
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May 01, 2021, 02:03:30 AM |
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There is a high potential and high possibility that BNB can become the king of altcoins but if you say that it will become the king of all coins I disagree with you on that because I think seeing how establish bitcoin is without any doubt will always be the king of all cryptos.
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ice18
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May 01, 2021, 02:34:40 AM |
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There is a high potential and high possibility that BNB can become the king of altcoins but if you say that it will become the king of all coins I disagree with you on that because I think seeing how establish bitcoin is without any doubt will always be the king of all cryptos.
Actually as what I can see with the current influx of users coming into Binance exchange everyday and using bep20 tokens theres a chance that It can replaced btc in the near future but when we consider the supply of btc getting scarce everyday looks like it will be difficult for Binance to replaced the throne yet BNB has huge supply even if they burning quarterly but it will stop at 100m supply means still BNB has more supply than BTC so still NO, it cannot replace BTC. |
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ringgo96
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May 01, 2021, 03:09:50 AM |
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So far the Ethereum community and the token ecosystem on the ERC-20 network are still quite strong and the marketcap is still large. When compared with BNB it is still far away. My observation regarding the current BSC is that there are so many Shit tokens on the network. there are not many serious projects on the network. This is an important yardstick if you want to make BNB the king of altcoins
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infarterr
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May 01, 2021, 04:24:12 AM |
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for now BTC is still the king of all cryptocurrencies, because its movement represents all altcoins, while BNB is a platform (Binance) without a platform, maybe BNB will not be like today, investors and traders must exchange it to BNB to make it easier to buy coins in that platform
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nicecrypto
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May 01, 2021, 04:37:33 AM |
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I believe that BSC has done well and still doing well and has a lot of new projects coming in to their chain ans no doubt the native coin BNB has been doing well with price constantly surging but replacing Bitcoin? or even Ethereum is still a long way so becoming the king of all Coins I dont see that.
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eXtremal
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May 01, 2021, 05:35:27 AM |
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With such successes do you think BNB will become the All coin king?
I am really interested in binance chain, Currently I really enjoy it at low cost, some of the best projects as well such as SFP and TKO they are on BEP20. However, making BNB king is not easy, now we have rival chains, such as HT, Okechain, Sol Chain. I hope bep20 stays ahead. |
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eXtremal
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May 01, 2021, 05:48:24 AM |
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So far the Ethereum community and the token ecosystem on the ERC-20 network are still quite strong and the marketcap is still large. When compared with BNB it is still far away. My observation regarding the current BSC is that there are so many Shit tokens on the network. there are not many serious projects on the network. This is an important yardstick if you want to make BNB the king of altcoins
That is one of the drawbacks of binance chain at the moment, Well, very many shittokens are scattered and ending rugpull , The low cost and decentralized nature that exists on binance chain makes it easy for scammers to enter. I hope CZ pays attention to this. |
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ANKIT007
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May 01, 2021, 06:10:07 AM |
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As we know that Binance is one of the biggest crypto exchanges in the world and its native coin BNB has the top 3rd cryptocurrency in the crypto market. The volume of this coin is massive and the blockchain technology its use taken from erc20 blockchain solves the fee and transactions problems that traders are facing in the Ethereum network. It could occupy the Ethereum place because of its multi-functionality but it is difficult that BNB can become the king of all cryptocurrencies because many other cryptocurrencies are also present in the market which has more features and functionality than BNB.
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BitLoader
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Never Mind
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May 01, 2021, 06:19:23 PM |
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at least BNB will beat ETH. Because the transfer fee is cheap. IMHO
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S4VV4S
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May 01, 2021, 06:49:34 PM |
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I don't think any altcoin will become king other than bitcoin, is there an altcoin that has exceeded the price above bitcoin, for me BNB is an altcoin that has a bright future that will not be king on crypto. Apart from that this year bitcoin has reached a new ATH so many altcoins are also reaching new ATHs including BNB, so for an altcoin to become king of coins it will take a very long time and it's not possible
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Anonymous100
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May 01, 2021, 08:20:31 PM |
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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?
BNB's transaction speed is indeed quite fast compared to Ethereum, and the transaction fees are also very low. This makes BNB users more comfortable in making transactions. Apart from that, BNB has the number 1 exchange by market capitalization of CMC. This is the main supporting factor. And in 2020 they introduced the Binance Chain, then in 2021 they developed a new smart contract system called the Binance Smart Chain. I think this will provide a great opportunity for Binance to become a candidate for the king of Altcoins and the king of smart contracts. |
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freedomgo
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May 02, 2021, 01:02:10 PM |
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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?
BNB's transaction speed is indeed quite fast compared to Ethereum, and the transaction fees are also very low. This makes BNB users more comfortable in making transactions. Apart from that, BNB has the number 1 exchange by market capitalization of CMC. This is the main supporting factor. And in 2020 they introduced the Binance Chain, then in 2021 they developed a new smart contract system called the Binance Smart Chain. I think this will provide a great opportunity for Binance to become a candidate for the king of Altcoins and the king of smart contracts. There's only one way to prove for them to become the king of altcoins, and that is by beating ETH in standing. Currently, BNB ranks 2nd on the altcoins ranking as you can see in https://coinmarketcap.com/... The marketcap between ETH and BNB is not close, but the growth of BNB is quite impressive that anytime it could pump again and create a new all-time high. |
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Vishnu.Reang
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May 02, 2021, 01:23:08 PM |
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There's only one way to prove for them to become the king of altcoins, and that is by beating ETH in standing. Currently, BNB ranks 2nd on the altcoins ranking as you can see in https://coinmarketcap.com/... The marketcap between ETH and BNB is not close, but the growth of BNB is quite impressive that anytime it could pump again and create a new all-time high. BNB is still primarily regarded as an exchange token. In terms of usage, the Binance Smart Chain (BSC) is nowhere near the Ethereum Blockchain in terms of the number of users and volumes. As an exchange, Binance is doing pretty well but the same can't be said about BSC. It will take many years for BSC to offer meaningful competition to the Ethereum chain. And until that happens, there is no question of BNB overtaking Ethereum in terms of market capitalization or userbase. |
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oioi
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A p e S w a p ///$BANANA Farms
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May 02, 2021, 02:51:56 PM |
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I think it will be very difficult because BNB is a new coin, while BITCOIN is the starting coin of all existing altcoins.
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