BNB is No. 4 (3RD NOW) - 4th/3rd/5th again

[Sled]

The BNB coin pump was really awesome just a moment ago. And it immediately entered 3rd place on Coin Market Cap. What the CEO of Binance said had a huge impact on this progress. Yes, this could be going on forever or just a temporary pump. but considering how utility BNB is and how professional and stringent their team is, I am sure that this coin will continue to increase. Although we shouldn't be too involved in this FOMO, still prioritize research before entering high numbers, and then the price will be corrected.

This is surely an temporary pump, no coin has pump forever or pump longer, even bitcoin have has bear period, so more with altcoins. Actually we've seen a major dump today, BNB is down 20% today, hopefully it will not be a start of a long dump. Of all the coins in the top 5, only BNB have dump.

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[Bttzed03]

~
Their new Binance Smart Chain is the ETH killer

I wouldn't go that far yet but, yeah, BSC is the ETH fees killer.

~ and then the price will be corrected.

~
Actually we've seen a major dump today, BNB is down 20% today, hopefully it will not be a start of a long dump.

BNB has dropped backed to fourth after that 20% decrease in the last 24 hours.

Of all the coins in the top 5, only BNB have dump.

Everyone's expecting a price dump after it went past $200 and then $300. A 4X in the last 14 days isn't that bad

[shinratensei_]

If BNB continues to dominate the market then it is likely that it will outperform Eth even though the current market cap is still very different.

That depends on the ethereum, i remember in the next months ethereum will have another hardfork to improve the scalability of ethereum blockchain and if this goes successfully and then the demand will be going back again to the ethereum and people will be moving from binance to use ethereum again. Binance was getting momentum due to the non sense fees on ethereum blockchain. We can determine that after we will be seeing the result from the hardfork.

[stadus]

Of all the coins in the top 5, only BNB have dump.

Everyone's expecting a price dump after it went past $200 and then $300. A 4X in the last 14 days isn't that bad

Some maybe have took profit already, but this is a healthy correction during the bull run, as long as not the entire market will dump, it's still good to invest with BNB, just be smart with the timing, always buy at dip.

[MCobian]

BNB started to experience correction after the pump was high enough, but we have to appreciate the performance of BNB which can go up so far.
But I am sure that the correction that occurs at BNB will not take too long,  because BNB has succeeded in attracting the interest of several investors
to invest in BNB. I am sure that in the near future the price of BNB will rise again, so take advantage of the correction as an opportunity to buy BNB.
Don't regret not buying BNB at current prices. Because according to the results of my analysis, BNB will recover soon.

[Iyeman]

If in the future investors prefer the Binance Smart Chain and with the support of unresolved etherium problems, the chances of BNB's growth could be even higher.

The solution already proposed but it's not getting accepted by the miners and this will become the big problem that will be faced by ethereum users. Im thinking about there will be more companies that used ethereum that will be moving to the BSC or Polkadot due to the high gas fees that make the small traders can't afford it.
This problem already happened since a few years ago.

[Bttzed03]

BNB back to 3RD.

F**k with the updates. BNB, DOT, ADA, and even USDT will be interchanging more often because their market caps are just too close to each other. A pullback or a pump from one coin will change the ranking again (just check CMC or Coingecko).

Let's stick to the reasons behind price surge and decline.

[Mpamaegbu]

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.

Yah, that's right about the many projects now moving to BSC and this has given rise to its price surge. The position thing will keep fluctuating until BNB takes the second position, next to Bitcoin. Just mark my word on this. Transaction fees are cheap on BSC, almost next to nothing and not the cut throat extortion that goes on on ETH with gas fees. And it's very swift on delivery. I'm loving this since I started using BSC on my wallet a few days ago.

You can use Metamask to access DEXes and DAPPs on BSC

I use Trust wallet and the experience is smooth. I just bought some YPanda through the BSC and it was real quick.

[darewaller]

I hope the BNB price increase is not just an escape but because BNB is a real altcoin and has such a huge potential, I mean for now, most of the erc20 coin holders are complaining about ridiculous transaction fees using the ethereum Platform including myself. or it seems that today's traders prefer to switch to Binance's proprietary platform. but I believe the increase in BNB for various reasons, especially following the increasing trend of BTC and one more thing that the price of BNB in the last week has increased quite significantly.

The reality is that pancakeswap actually moved above uniswap which tells you all you need to know about the permanent situation. Sure if uniswap and eth manages to find a way to make the transactions and moves under 4-5 dollars they could still go up and become a lot bigger, but until that happens BSC is the new king and BNB is doing so fine that eventually it coin pass ethereum as well.

It is not going to be simple, price of BNB needs to be 1.5k without ETH going up and that is not simple and it is still possible but will not happen in a few days. Which means we are on path to have BNB as the second biggest coin eventually (as long as what is going on right now is sustained) but it is going to be a lot of months for something like that could happen which means ETH has a chance to actually drop their fee if they can, if they fail they will drop to third, if they manage to drop it, then they will stay at second.

[South Park]

I did not anticipate it growing this fast. I know ETH has it's problems with high gas fees and scalability. Binance Smart Chain has emerged as a credible alternative and they have billions of dollars to promote their network and attract developers.

Right now that is the biggest advantage of binance, unlike ethereum which is a network binance is a private business so they can do everything they can to promote their project and the fact the fees were so high in order to move your ethereum while the fees of the binance smart chain are so low this can only mean that newer projects have almost no option but to go with them, and if we add that those projects will be listed almost immediately in one of the best exchanges that we have then this is making binance incredibly attractive in the eyes of many developers.

[migolmigol]

Was able to take advantage of this and traded BNB in the past days as it gets high. I am not sure if I will be holding BNB for a long term trade because a lot of people are also saying that it is just part of the hype as people are now starting to come in to the Crypto market and Binance is one of the biggest exchanges that they chose. But seeing BNB, it still has the potential to grow even better and even reach the level of Eth. I'll keep on monitoring the growth of this alt and continue and trading from it.

[CutePanda]

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH, we can just wait and see, because the price of BNB itself is quite stable, even though yesterday not a good day, still, it can rebound and bounce back again as per today.

[South Park]

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH, we can just wait and see, because the price of BNB itself is quite stable, even though yesterday not a good day, still, it can rebound and bounce back again as per today.

It is not going to be soon as it needs to grow 300% and ethereum is not going to remain static during that time, however the potential is there, it seems many new developers instead of creating their coins in the ethereum network are deciding to jump to the binance network since it offers them many advantages over ethereum, but the problem is that as binance is a centralized business it could always disappear overnight if a government decides to raid their installations, something that is not possible to do against ethereum.

[lobo13hf]

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH,

BNB already replaced by ADA and ADA hardfork has been making this coin grows a lot today. it seems like the current MCAP of ADA will be quite difficult to be surpassed by binance again soon.
I do believe if we will see a very strict competition between ADA and BNB to get the 3rd place on CMC.
It's too far to predict if BNB will be surpassing ethereum. It must get the third position.

People are starting leaving from BNB and they move to the ADA. There's a big update on ADA.

[Japinat]

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH,

BNB already replaced by ADA and ADA hardfork has been making this coin grows a lot today. it seems like the current MCAP of ADA will be quite difficult to be surpassed by binance again soon.
I do believe if we will see a very strict competition between ADA and BNB to get the 3rd place on CMC.
It's too far to predict if BNB will be surpassing ethereum. It must get the third position.

People are starting leaving from BNB and they move to the ADA. There's a big update on ADA.

They'll have their time, now it's ADA's time to shine.

While most of the coins are dumping, ADA move in the opposite direction, I never thought ADA would go this far this short period of time, I guess this is what we called an altcoin season where some big market altcoins are pumping like they do in the past.

[lixer]

BNB already replaced by ADA and ADA hardfork has been making this coin grows a lot today. it seems like the current MCAP of ADA will be quite difficult to be surpassed by binance again soon.
I do believe if we will see a very strict competition between ADA and BNB to get the 3rd place on CMC.
It's too far to predict if BNB will be surpassing ethereum. It must get the third position.

Yeah,  I can't believe that BNB increases this fast, it is really incredible that people are moving to BSC and other famous ones, I feel lucky that I got in a bit before any of this started, and a bit unlucky because I used some percentage of BNB to invest into BSC stuff instead. I had the right idea but used it wrong, I assumed that since ETH was so expensive and it was closing to near impossible levels to trade there, people would move to BSC and trade there, so I moved all my money into BSC instead of keeping it at ETH, that was the good move.

But, I assumed the places I invest into would make me a lot more money and invested that BNB into defi projects, which did made some profits but not a whole lot, and now that BNB price is so much more, I could have made 5x more money if I stayed in BNB. In any case, I am quite happy that BNB is getting the attention it deserves, people spend 1 dollar for things ETH charges 100 bucks for.

[codpku]

only ethereum wall have to be beat maybe someday binance will take bitcoin crown as number 1 cryptocurrency, for now binance was the answer from all people that complaining with very expensive gas fee from ethereum
and with binance smart chain all great project will use it and lot of people wiil left ethereum and binance will beat ethereum as soon as possible

[In the silence]

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH,

BNB already replaced by ADA and ADA hardfork has been making this coin grows a lot today. it seems like the current MCAP of ADA will be quite difficult to be surpassed by binance again soon.
I do believe if we will see a very strict competition between ADA and BNB to get the 3rd place on CMC.
It's too far to predict if BNB will be surpassing ethereum. It must get the third position.

People are starting leaving from BNB and they move to the ADA. There's a big update on ADA.

Yeah, looks like the marketcap of BNB and Ethereum are slowly eaten by ADA. Still BNB is way far ahead than BNB and will likely surpassed 3rd place again when the quarterly burning of coins commmence and another update of Binance that will gain more benefits by hodling BNB.

[disconnectme]

I believe BNB deserves the 3rd position more than any other tokens on your list, tell me what use case DOT and ADA have at the present and I can name 10 or more for BNB, the only issue people are pointing out about BNB is centralisation but people forgot that Ethereum did hard fork to save their project sometimes ago but see where it is today. I doubt ADA will gain any traction but DOT is very promising but they need to first deliver something

[stadus]

I believe BNB deserves the 3rd position more than any other tokens on your list, tell me what use case DOT and ADA have at the present and I can name 10 or more for BNB, the only issue people are pointing out about BNB is centralisation but people forgot that Ethereum did hard fork to save their project sometimes ago but see where it is today. I doubt ADA will gain any traction but DOT is very promising but they need to first deliver something

True, some coins in the top has a great potential but they have not delivered yet like what Binance has delivered already.
People trusted BNB because their development is very transparent, and anyone who are using and following their platform would know that.

However, we can't also blame if people will invest on other projects since we are in a speculative market, people love to speculate the future of a certain coin and then invest on it if they see a positive sign.