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Author Topic: BNB is No. 4 (3RD NOW) - 4th/3rd/5th again  (Read 680 times)
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February 19, 2021, 11:24:11 AM
 #21

Honestly, I didn't see it coming, I trust BNB to rise in the long run but not this fast. I can't imagine how people who bought at dip during the last correction would be so happy now, it dumped to $5 and now it's already x50 growth, damn, I wish I see it coming.

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February 19, 2021, 11:30:18 AM
 #22

Yep, you are correct, since Ethereum mainnet has been clogged and many investors are complaining, projects might switch to Binance Smart Chain and this could spell doom for Ethereum although it has surpassed and reach their new all time high this year. But if sustainability will be their main stumbling block, then it will be Binance advantage as we have seen it has grown tremendously in the last couple of weeks.

Wow I was looking at BNB ever since the early days but I never thought it would hit such a incredible journey. I wish I had held the coins I bought then instead of a quick flip. But I was a noob then. Congrats and party to those who held.

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February 19, 2021, 11:47:31 AM
 #23

A fine run for BNB, but will they last longer in the ranking ?
BNB's market capitalization continues to increase due to the increasing demand for BNB in ​​the market. I no longer think that low fee are the cause of the BNB price increase but people are trying to maximize profit as long as the market is bullish even when fee are increasing.
I have long believed that BNB has great potential and this trust pays off at an ever-increasing price. Apart from ETH, BNB is one of the token included in my portfolio. Perfect, and happy for those of you who have invested in BNB.

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February 19, 2021, 12:03:15 PM
 #24

Guess I was wrong about BNB, and yeah I didn't expect Binance Smart Chain so those guys for sure know what they're doing to keep their token running at full speed. Such crazy prices right now if you think about it, though. Surely this all has to crash sooner or later? If BNB was expensive, it's now totally overrated I would say.

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February 19, 2021, 12:26:19 PM
 #25

This is really very remarkable for BNB coins that can stick to the ethreum previously held by polka dot and ADA, perhaps now many investors have switched to using Binance Smart Chain so that the price is so rapidly increasing, and we expect the price continues to increase and can approach the price of bitcoin even though it is difficult but in the crypto world all can happen.

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February 19, 2021, 12:38:06 PM
 #26

Binance smart chain is causing the price to bump hard in the last 24 hours, no one expected BNB to reach 3rd position in the marketcap and this is sign of centralization adoption in the cryptocurrency market. BNB is helpful for reducing the fees but which isn't enough to make as one of the best cryptocurrency.
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February 19, 2021, 12:49:59 PM
 #27

BNB has every reason to grow higher in value because the token belongs to binance exchange and as a matter of fact presently there is no any other exchange that is far better than binance exchange, their customer services is very good and can't be compared to any other exchanges, now I'm expecting $300 more per BNB token, the project deserves it

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February 19, 2021, 01:00:13 PM
 #28

yes, surprise came to the BNB coin. I also didn't think that BNB can pump more than the previous price and has even taken over the DOT position according to CMC market cap. and it looks like BNB is really ethereum's toughest competitor. Since the cost of eth gas is expensive, investors are now turning to investing BNB or making transactions using the BSC platform.
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February 19, 2021, 01:23:40 PM
 #29

I am guessing that this is happening because Uniswap users are running to Pancakeswap. If ETH doesn't scale quickly this could really hurt them in terms of Uniswap adoption.

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February 19, 2021, 01:30:29 PM
 #30

It is a surprise to me as BNB can beat USDT, DOT, and ADA, especially XRP, which is high. But now, we already saw what BNB did, and that coin is in the 3rd position. I am happy to see this and I already sold some BNB that I hold from a long time ago, and I still have more BNB that will wait for the next high price. I am sure that the price can increase more than today, but we need to calm down and wait for more. BNB will increase more in the next weeks.

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February 19, 2021, 01:56:47 PM
 #31

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.


^ Checking the price reminded me of the time I sold my BNBs at $45 Grin
(taken from CoinGecko)

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

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That is indeed amazing performance from bnb coin and it has really shocked many bnb critics because no one expected that its value will increase so quickly. Looks like bnb will continue with the bullish momentum and can lead the market with the big movement.

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February 19, 2021, 02:10:10 PM
 #32

Surely this all has to crash sooner or later? If BNB was expensive, it's now totally overrated I would say.
I don't think so. Binance has been building very good fundamental since a long time ago started from its successful centralized exchange site that makes a lot of profit for the binance company. Binance was also doing various expansion like investing in FTX, Jex and many more new platforms that have been getting funded by binance.
That's why it's quite difficult for BNB to crash again. it will remain stable

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February 19, 2021, 02:35:19 PM
 #33

I believe BNB will grow, but today price is still beyond my prediction, what CZ doing for developing BNB is amazing, and i think Binance and BNB will grow more and more in future
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February 19, 2021, 06:06:05 PM
 #34

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.
All the credits goes to ETH and its higher transaction charges and many users are tired of paying huge amount of money for every transaction but the sad part is that i was holding a few coins in the past and i sold when it crossed around $140 and i did not expect the price keeping on rallying and it looks like we will see further rally. With these changes i would like to see ETH going down Grin.
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February 19, 2021, 06:55:28 PM
 #35

Did Mask tweet about BNB?  Smiley
What a sudden jump in prices for this coin. It's amazing. What predictions can you make on BNB before the end of the alt-season or bullrun? 500$? 1000$?
If BNB is not transfered from ETH address into BNB mainnet, are they irretrievably lost?

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February 19, 2021, 07:01:10 PM
 #36

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.


^ Checking the price reminded me of the time I sold my BNBs at $45 Grin
(taken from CoinGecko)

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

You can use Metamask to access DEXes and DAPPs on BSC (Tutorial). Gas fees only at 10 Gwei.

Considering how much Coinbase was estimated at, Binance still has the potential to grow several times! Another question is that the network sometimes cannot withstand the load and does not work. If there is a load like on Ethereum, then everything will definitely freeze ...

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Kasabus
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February 19, 2021, 09:14:23 PM
 #37

Did Mask tweet about BNB?  Smiley
You mean musk?

What a sudden jump in prices for this coin. It's amazing. What predictions can you make on BNB before the end of the alt-season or bullrun? 500$? 1000$?
If BNB is not transfered from ETH address into BNB mainnet, are they irretrievably lost?
For me I $100 is quite  max price already, but here we are now, just reach $200 and now already at $300.
As I search on some news, there's no Elon Musk in relation to the pump of BNB, it just happened because BNB is a popular coin of the most popular exchange.

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February 19, 2021, 09:30:48 PM
 #38

For me I $100 is quite  max price already, but here we are now, just reach $200 and now already at $300.
As I search on some news, there's no Elon Musk in relation to the pump of BNB, it just happened because BNB is a popular coin of the most popular exchange.

The BNB coin became popular not yesterday and not today, but it was during these last 2 days that the value of the coin increased by 200%. There hasn't been any positive news about this coin in recent days, so I don't understand this incredible rise in the price of BNB. Perhaps this price increase is due to the growing popularity of Binance Smart Chain.

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February 19, 2021, 09:41:27 PM
 #39

no wonder BNB reached this point. I honestly really believe that BNB can reach this point, and I also believe that the best coin after ethereum is currently BNB. however, the developments will continue to this day. in fact, the last time I saw it, the current BNB increase was $ 327 from $ 300. I suspect development could be over $ 350.

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February 19, 2021, 10:05:50 PM
 #40

For those who are still curious to the recent price surge, you can take a look at the Total Value Locked (TVL) in BSC's Defi ecosystem

source
^ Not that It needs to be said but you need BNB to use BSC Grin

Now, let's take a look at Ethereum's Defi ecosystem

  • Locked ETH - 7.74 Million (from 7.79 in the last 10D)
  • Locked BTC/WBTC - 48.8K (from 52.2K in the last 10D)
source

^ As you can see, there was a tiny drop in TVL the past days. Those who moved to BSC are probably shark traders/investors while whales remained at Ethereum.

Just by comparing the two, I felt more bullish on BNB Grin That's $42 billion compared to $11 billion. There's still a lot of room to grow,
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