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Author Topic: BNB still undervalue  (Read 1518 times)
lalabotax
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April 06, 2021, 11:49:31 PM
 #101

I don't think so. the progress of BNB is probably slow, but it is sure. Now, it has been increasing so highly and now it is reaching US$406,06. And I personally still believe that the price of BNB will be still increasing because it has been implementing the utility of the coin, offering many programs, adn also its burning time.
And moreover, as you said that Binance is now really progressing its projects based on Binance smart chain. Besides, many events or transactions are also based on using BNB.

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April 07, 2021, 03:02:08 AM
 #102

Yeah, i really agree with this post,
I think BNB is still undervalued in the market right now, BNB will hit $500 soon, it's just about time to see BNB to reach $500, Binance is really going strong with all of their coins, BNB is leading and will compete with BTC and ETH sooner, the position of BNB itself already reach top 3, it's highly possible that BNB can go to top 2 even top 1 in the near future.

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April 07, 2021, 06:43:04 AM
 #103

Yup definitely BNB still undervalued. Most of DeFIs are now porting to Binance Smartchain because its a lot cheaper and more to innovate.

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April 07, 2021, 07:21:55 AM
 #104

The way new projects are being launched on Binance Smart Chain these days we can say BNB will touch new heights in the coming months and on the basis of this I can say it is still undervalued and is worth holding in one's portfolio.

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April 07, 2021, 07:44:05 AM
 #105

Is current BNB price growth caused only by mass usage of Binance Chain Network? Or there are other reasons why the price sky rocked in such a short period?

For me BNB is neither undervalued, no overvalued. A completely mysterious altcoin. Last year I remember regretting not buying more BNB, when all of a sudden its price was around $30. Now it is $400+ and keep growing. Cant say that, for example $500, will be BNB maximum price, as it has completely changed its primal purpose of usage. 

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April 07, 2021, 07:49:15 AM
 #106

BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.

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April 07, 2021, 01:26:02 PM
 #107

your prediction is almost correct, but for BNB I have no doubt about the movement in the market. BNB is a cryptocurrency created by Binance which is also the largest crypto exchange in the world, I think only people who have no understanding of Crypto underestimate BNB. What makes BNB great is because it has a lot of interest and BNB also has more uses than some other altcoins.

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April 07, 2021, 01:33:02 PM
 #108

BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.

Even now, the BNB market cap is less than $60 billion, which is around one-third less than the rumored market cap of Coinbase (we will get the full picture only by next week, when Coinbase get listed on NASDAQ). If the listing is a success and Coinbase manages to move up, then we can expect a similar trajectory for BNB as well. BTW, does anyone know whether Binance is having any plans to get itself listed in NASDAQ?
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April 07, 2021, 01:50:25 PM
 #109

As per my view , Still bnb more potential.  now go around 270-300$ per coin. Today announced a new IEO.  I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular


So what you all think about this?

if you say the price of BNB is undervalue then I don't agree, because we can't know what price is appropriate for cryptocurrency, but if you say the price of BNB can still increase very high then I agree about it, because I believe that the price of BNB does have a great opportunity to the price could increase very high, so now is the right time to invest in BNB before the price increase very high.

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April 07, 2021, 02:43:30 PM
 #110

BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.
I can't believe this project alone can raise the price of BNB to $ 414. But the token rate is gradually returning.

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April 07, 2021, 03:18:39 PM
 #111

The way new projects are being launched on Binance Smart Chain these days we can say BNB will touch new heights in the coming months and on the basis of this I can say it is still undervalued and is worth holding in one's portfolio.
Bitcoin is always creating more and more new ath anytime. Binance doesn't even need a long time to go to reach another ATH. It needs only less than a month for binance to surpass the old ATH and create a new record.
Binance gives so many benefits for the its holders. So many BNB holders can get instant profit from participating through launch pad.
Binance coin gives various abilities for the user to earn money from what they have invested.
That's the real utility coin.



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April 07, 2021, 03:47:42 PM
 #112

BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.
I can't believe this project alone can raise the price of BNB to $ 414. But the token rate is gradually returning.
I don't know but whatever happened but it all coincided with events related to the project. it created a big concern with a new project that could suck up BNB adoption in large numbers.
almost do not believe it, but what happens today almost all also assume that way.
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April 07, 2021, 06:23:29 PM
 #113

As per my view , Still bnb more potential.  now go around 270-300$ per coin. Today announced a new IEO.  I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular


So what you all think about this?

Honestly, BNB has more usability compared with ethereum and all of things that you have mentioned above totally make sense to assume that if BNB is still undervalued at this moment.
Ethereum didn't have cap on its supply while BNB does it. that means if BNB is much more transparent and it has possibility to worth the same like ethereum.
CZ was also trying to add more and more usability for BNB just like binance pay as well.
$1k will be possible to be achieved by BNB

Don't forget about the complaints many people have about Ethereum's huge fees, which have made BNB a better brand than Ethereum for now.
besides that, BNB is also more popular because every small trader can also enjoy it.
and I am one of those small traders Smiley

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April 07, 2021, 06:33:54 PM
 #114

BNB is in all time high price today. 414 USD is new ATH. I'm sure we can see higher prices this year but today we might see a down move after TKO sale. We'll see how it goes.
I can't believe this project alone can raise the price of BNB to $ 414. But the token rate is gradually returning.

It is mostly due to the hype created by the Coinbase IPO. If the IPO (or direct listing in NASDAQ) flops, then there is a chance that BNB may get negatively impacted. Anyway, all this is creating a lot of hype in the cryptocurrency market. The Coinbase listing is going to be the largest ever cryptocurrency related stock market listing. A few months back, BNB was struggling to cross $30 per coin. And look at where it is now.
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April 07, 2021, 10:51:46 PM
 #115

As it is an exaggerated value, it will be pulled back months or years after the fact. The crypto market can characterize the overbought definition that can be totally different than in financial exchange. Binance brilliant chain which can influence the cost as needs be the way individuals lots to it. In any case, as I would see it the cost will in any case increment in the long haul since now Binance set up themselves and furthermore bringing parcel of new turns of events.

Everything will depend on whether the BSC network holds its place or not. If the Commissions in the Ethereum network fall to a minimum, which is quite likely, then there are risks that the BSC will no longer be so attractive.
However, I am sure that CZ Binance has its own plan in this regard, so I absolutely bet on BNB.

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April 07, 2021, 10:57:58 PM
 #116

As it is an exaggerated value, it will be pulled back months or years after the fact. The crypto market can characterize the overbought definition that can be totally different than in financial exchange. Binance brilliant chain which can influence the cost as needs be the way individuals lots to it. In any case, as I would see it the cost will in any case increment in the long haul since now Binance set up themselves and furthermore bringing parcel of new turns of events.

Everything will depend on whether the BSC network holds its place or not. If the Commissions in the Ethereum network fall to a minimum, which is quite likely, then there are risks that the BSC will no longer be so attractive.
However, I am sure that CZ Binance has its own plan in this regard, so I absolutely bet on BNB.

But at the current price, I guess its already overvalued because of the bull run and we should be careful with that especially if we are just aiming for short term investment. For long term, obviously its undervalued as BNB could compete with ETH in the long run but I would not ride at the FOMO, wait for the right timing to accumulate if you are a new investor. Problem is, with the FOMO, everyone is riding at a bad timing. 

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April 08, 2021, 12:40:12 AM
 #117

yes. I also invested in it when its price is 235$/bnb. and now it goes to 414$. but im confused that to withdraw at 400$ price because it drops to 370$. am i just hodl?

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April 08, 2021, 07:44:27 AM
 #118

The recent drop was a great opportunity to purchase even more, I know people are not really sure about what to do and how to do it, because many get scared when something falls. However realize that it was 343 dollars at all time high and that was it, after that it dropped under 250 dollars and stayed there for a while and peaked above 400 dollars recently which shows us that we are not going to give up fighting that easily and people should be proud of this.

I do believe that we should not be focusing on just the price of right now, but what the price could be. BSC is still growing super big which means that we should be focusing on getting better, it is not about the market because sometimes market drops all together and that makes things a bit harder, but the reality is that we do not have to be higher when market is dropping, we should be going faster than other coins when market is going up, that's the important part.

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April 08, 2021, 08:20:10 AM
 #119

yes. I also invested in it when its price is 235$/bnb. and now it goes to 414$. but im confused that to withdraw at 400$ price because it drops to 370$. am i just hodl?

Just check BNB price graph on coinmarketcap or directly on exchange, if you keep altcoins there. You would see volatility of BNB. I'm more than sure that the price will return to $400 in 2-4 weeks. I would hold.

If it is not a secret, how much BNB do you have? If you have 1 BNB, than this $30 price drop is not so significant for your. If you are in short of fiat, I would sell. Anyway you have $135 profit. But if you are holding a lot, than this price drops is significant for your portfolio and I would suggest to hold.

R


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cafee_orange
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April 08, 2021, 09:00:18 AM
 #120

BNB cannot be underestimated by anyone, Binance Coin (BNB) is the best crypto asset after Ethereum and BNB is also in the top 10 cryptocurrencies with the largest market capitalization.
besides that, BNB also has quite rapid price developments, which is why nowadays there are so many who want to invest in BNB

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