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Author Topic: UNI coin is the next BNB. ?  (Read 841 times)
Psynthax
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February 04, 2021, 06:04:52 AM
 #61

between UNI or BNB has good potential, in my opinion, it's just waiting for the two tokens to compete in the cryptocurrency market. because it is seen from the rankings there are only 2 rankings difference and the only difference is the price if BNB is higher. but it could come as a surprise if UNI or BNB can get stronger
UNI could get the advantage in the long run in my opinion. BNB while performing really good at the recent years it's ties tightly with binance, a centralized exchange which could tank like at any moment. The problem about centralized institution is that it usually could make humane mistake meanwhile an automated decentralized exchange always follow the rules set by the system.

But, BNB gonnna have the upper hand if binance keep expanding and performing while offering advantages to BNB holder, we gonna see the result in the future maybe a year later.

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February 04, 2021, 06:51:40 AM
 #62

The market capitalization of BNB is around $6.2B. UNI token is almost $4.1B; this is dependent on investor intrust and project worth; I think UNI will surpass BNB in coming days because UNI price is going to near future $100 so investors are investing in UNI token and will be soon above number 10.
I think your prediction seems biased. You just predicted based on capitalization both of token. UNI circulating supply is nearly 2x from BNB even BNB deceased many times their supply to increase the price. BNB first time record new ATH reached 50$. I don’t think as per as new player UNI will surpass BNB in short time.

Surely it will surpass the price of BNB very quickly, that's how the market demand is kept  UNI coin. As of now the supply of BNB is kept burning on every three months, based on privacy and performance will defend their position in the market. Everything we need to wait and see.
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February 04, 2021, 07:10:02 AM
 #63

between UNI or BNB has good potential, in my opinion, it's just waiting for the two tokens to compete in the cryptocurrency market. because it is seen from the rankings there are only 2 rankings difference and the only difference is the price if BNB is higher. but it could come as a surprise if UNI or BNB can get stronger
UNI could get the advantage in the long run in my opinion. BNB while performing really good at the recent years it's ties tightly with binance, a centralized exchange which could tank like at any moment. The problem about centralized institution is that it usually could make humane mistake meanwhile an automated decentralized exchange always follow the rules set by the system.

But, BNB gonnna have the upper hand if binance keep expanding and performing while offering advantages to BNB holder, we gonna see the result in the future maybe a year later.

True. Though UNISWAP has made huge profit during 2020 but still It won't be easy for UNI to beat price of BNB as Binance is leading world exchange and BNB Rank is #10 on coinmarketcap. Binance has created very good use case of BNB as utility token. It is used for Multiple purposes from Transaction fee to staking and paying reward etc etc...as well as BNB coin is burned regularly to maintain its Market price.









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February 04, 2021, 07:17:32 AM
 #64

UNI is already been picked up by one of the bigger dicesites and I think there will be more to follow.

Such implementations could have a positive effect of the price of this coin.



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February 05, 2021, 04:13:10 PM
 #65

UNI is already been picked up by one of the bigger dicesites and I think there will be more to follow.

Such implementations could have a positive effect of the price of this coin.
I hope what you say can prove it in the future because if it only has a positive impact it is likely clear, if there is intervention from a good and famous one, it will certainly happen.
But if you ask whether it can compete with BNB, it is possible, but BNB is also supported by its own exchangers who will certainly do something for BNB.

As long as it's good, we certainly support it so that more potential altcoins will grow and make the bounties more enthusiastic. anything positive needs to always get the best possible support.

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February 05, 2021, 04:34:02 PM
 #66

UNI price now is enormous because everyone is using Uniswap. But as we've seen in the past, people could jump to the next uni/sushi/cumumberswap while Binance is here to stay.

For the long-term game, I bet on BNB.

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February 05, 2021, 05:46:49 PM
 #67

Until UNI manages to address its transaction / gas fees, my money's on BNB. The concept behind UNI is great but money talks and there will be fewer trades eventually if the cost incurred in making the trade is higher than the actual value of the transaction
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February 05, 2021, 08:04:53 PM
 #68

UNI price now is enormous because everyone is using Uniswap. But as we've seen in the past, people could jump to the next uni/sushi/cumumberswap while Binance is here to stay.

For the long-term game, I bet on BNB.

Of course, especially if no new interested defi project which you can buy on Uni anymore.
Im sure BNB looks more promising over UNI in the future.
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February 05, 2021, 10:02:35 PM
 #69

UNI price now is enormous because everyone is using Uniswap. But as we've seen in the past, people could jump to the next uni/sushi/cumumberswap while Binance is here to stay.

For the long-term game, I bet on BNB.

Of course, especially if no new interested defi project which you can buy on Uni anymore.
Im sure BNB looks more promising over UNI in the future.
I don't think UNI has the potential to be the next BNB cause Binance is Centralized while Uniswap is decentralized but I am surprised how you guys talk for everyone in the cryptocurrency setting because I have never for once use Uniswap.
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February 07, 2021, 10:34:36 AM
 #70

UNI price now is enormous because everyone is using Uniswap. But as we've seen in the past, people could jump to the next uni/sushi/cumumberswap while Binance is here to stay.

For the long-term game, I bet on BNB.

That's right what you say about UNI, nowadays almost everyone who has altcoins and does not want to achieve to make transactions can be sure to use Uniswap because of its very simple and easy use. and almost all altcoins, both new and old, can be exchanged there so that many are interested.

This is like a phenomenon that occurs when there is etherdelta, of course all must have used it because an alternative exchanger can accept all coins.
but what distinguishes is that the fee charged by Uniswap is too high and those who have a lot of coins will not want to do it there.

but with the growth of others it seems that uniswap has also added to eliteswap to be able to counter others. of course it will not have an impact for long and it will be seen that BNB together with Binance will still be able to survive well because of continued innovation.

I agree with you that BNB remains the best for a long time

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February 07, 2021, 10:46:24 AM
 #71

what do you thing about UNI coin IF they surpass bnb after rising from 3$ TO 13$ give me your opinion

TODAY STATE OF BOTH COIN
   
Rank  #10
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SYMBOL : BNB

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Rank #13
NAME :Uniswap

SYMBOL :UNI

Price : $13.58
Circulating Supply : 286,558,966 UNI




Out of my need I sold all my UNI tokens all 800 of it, I should have retain the 400 i never imagine that UNI will reach this level, there's even an analysis that the price could go up to $100 this year, and it's depressing for me to know that.

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February 07, 2021, 12:09:43 PM
 #72

I don't see any feature of UNI in long term due to high gas price and even they charge really insane fee sometimes it cost more than $100 which is too high as compare with Binance or other CEX. They have to resolve that issue otherwise it will get failed.
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February 07, 2021, 12:47:51 PM
 #73

Dex trading on Uniswap is currently quite good if I see that UNI has great potential. This year, the existence of Defi also made uni experience a high increase. But problems in transaction fees mean that currently more dex trading is being abandoned. I am still optimistic that Uni can be bigger than it is today. and Binance if it is able to maintain user trust will also be a huge exchange for the base cryptocurrency

Definitely that's the big problem, when they got more popular and more transactions happening, that resulted to high transaction fee. if they will be able to solve that issue, then maybe they can compete with BNB, I think they would not allow it to just die, they will focus on the long term development, just like ETH, they aiming for ETH 2.0 because they are looking for an upgrade or improvement.
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February 07, 2021, 01:28:51 PM
 #74

I don't see any feature of UNI in long term due to high gas price and even they charge really insane fee sometimes it cost more than $100 which is too high as compare with Binance or other CEX. They have to resolve that issue otherwise it will get failed.
I still have never used uniswap for trading, since all conditions are suitable for me, including the commissions of the binance cryptocurrency exchange. I believe that uniswap is most suitable for those traders whose minimum trading volumes exceed those indicated in the conditions of other cryptocurrency exchanges, exceeding which you have to provide your passport data. Therefore, a person who wants to remain anonymous will have no problem paying $ 100 in commission. Based on this, it is possible to predict the real prospects of the championship between UNI and BNB.

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February 07, 2021, 05:37:43 PM
 #75

First, let's compare. Binance can accommodate a wide variety of altcoins on various base chains including defi which are mostly ERC20 based. Binance also selectively lists good quality defi projects.

On the other hand, transacting in a decentralized market lately is very frustrating because of the high gas fees. If this keeps happening, people will start to reconsider (tend to avoid) trading on this kind of platform, including UNIswap.

So, UNI will never be the next BNB because of some of the limitations above (imo).

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February 07, 2021, 05:48:37 PM
 #76

First, let's compare. Binance can accommodate a wide variety of altcoins on various base chains including defi which are mostly ERC20 based. Binance also selectively lists good quality defi projects.

On the other hand, transacting in a decentralized market lately is very frustrating because of the high gas fees. If this keeps happening, people will start to reconsider (tend to avoid) trading on this kind of platform, including UNIswap.

So, UNI will never be the next BNB because of some of the limitations above (imo).

Very good point. DEX platform is very limited. Whereas, Binance is catering both, not only defi tokens. I don't think small traders are very happy with UNI gas fees. Once this defi hype is over, what will be the future of Uni? So I don't think Uni will be the next BNB here. They will have a lot of things to tackle here. If Defi tokens will not survive in the long run, think of what the future of Uni will be. This is for us to contemplate on what will happen to DEX platforms.
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February 07, 2021, 06:56:09 PM
 #77

I don't think UNI is the next BNB because UNI is a new coin so I can't tell if this coin can be like BNB but who knows in the future, it has potential. Surpassing BNB in the rank in marketcap seems it has a chance to go over it if more people investing in UNI I guess.

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February 07, 2021, 07:00:38 PM
 #78

UNI could surpass BNB in rank on coinmarketcap but is there something to achieve from the rank? They are both crypto exchange coins, one is centralized (BNB) and the other ( UNI ) is decentralized, if you are thinking of investing it's better to buy both

The only issue with Uniswap is that the gas fee is too much high. It is almost not feasible to conduct small amount of transactions as tx fee may range between 40 - 80$ at some times.
On the other hand, binance is the No. 1 Exchange and therefore you can see the importance of BNB token.

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February 08, 2021, 04:09:33 AM
 #79

If the price of GaS decreases several times, then I would bet on UNI further growth and use only Uniswap.  Uniswap is a new step in the development of cryptocurrency exchanges, it works in a decentralized manner and at the same time perfectly fulfills its tasks.

It's the only roadblocks for complete adoption of UNI if you are trading a small amount of tokens in UNI, there's a big chances that gas fee will eat you up and there's some failed transactions there is a fee to incur also, so be sure you have ample amount of Ethereum for gas fee and continuous transaction or you are sure to lose your profit.
But if you are only going to HODL UNI for long term you have a good chance for profit I see UNI potential to go over $300 in the next two years.

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February 08, 2021, 07:19:00 AM
 #80

I don't see any feature of UNI in long term due to high gas price and even they charge really insane fee sometimes it cost more than $100 which is too high as compare with Binance or other CEX. They have to resolve that issue otherwise it will get failed.

What you said is right, but it is not the problem for UNI but for Ethereum blockChain, while BSC is offering low transaction fee, that's why many people are shifting BSC blockchain which most of the normal people able to spend a lot of money for just a fee. Maybe ETH should control their fee structure.

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