justdimin
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April 13, 2021, 03:05:19 PM |
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It is remarkable with BNB coins that the price increase is so fast that it is not impossible to reach the highest price for this year, and at the moment we can see a new threat to ethreum increasingly visible and I believe BNB can reach the highest ATH for this year, especially with the binance Smart Chain BNB increasingly in the hunt by investors because free is cheaper compared to ethreum.
Well, yeah you might be right about the long increase that is ahead of the BNB, but when it comes to being a competition for Ethereum, most of these altcoins have failed like for real, none of them have been able to beat Ethereum at that position once and for all. The only altcoin that made its way above Ethereum is XRP, but they are both made with different purposes. When XRP was moving at this rate and kept increasing in value, a lot of people were saying it’s the end for ETH, and of course XRP did overtake it but it didn’t last long until it started to slip back again and ETH took back that position. Then there is Polkadot, now no one talks about it being a competition for ETH, it’s now BNB.
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TWW
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April 13, 2021, 03:08:02 PM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
Bnb can not reach $1000 so soon. There will be retraces along the way but certainly it would get there before the year runs down. Bnb is a potential coin no doubt the market response is good. Nothing is impossible. Moreover, BNB also burns their coins for each quarter. it is a weapon that will indeed make BNB continue to increase in its current momentum. If the support from bitcoin does not decrease or bitcoin does not experience a major correction I think BNB is still very likely to make a longer rally.
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capcaypro
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April 13, 2021, 04:29:37 PM |
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This is one crazy feat, what the developers have done in the past through speculation that burning of circulating coij supplies is proving to pump up binance, the burning of those coins and the start of a short-term rally for BNB going hand in hand. Since January 16, following the successful burning of 1,623,818 BNB, the price of the asset has skyrocketed. Like the Bitcoin halving that occurs every two years, the soaring price of BNB is due to the reduced supply in circulation.
yes and this is quite brilliant and beneficial for all parties, indirectly the more BNB supply decreases, the price will skyrocket. especially now that BNB is recorded as having burned more than US $ 165.8 million. with the loss of that many coins it can be estimated how rare it looks like
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kak uli
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April 13, 2021, 04:45:31 PM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
it is possible that the token price as good as BNB will reach this price. maybe it will happen like what you say, bnb is a good altcoin and has the potential to be more attractive to many people in the future, and maybe the price will move quickly in the market and will reach the price you mentioned. Many people predict that the price of BNB in the future will continue to improve.
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Vishnu.Reang
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April 13, 2021, 05:07:47 PM |
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BNB is unique and it is different from all the other coins in a sense. Because with BNB the circulating supply actually goes down with time. And for all the other cryptocurrencies, the circulating supply either increases (at a certain limit), or in rare cases it stays the same. But since BNB has all these "burn events", its circulating supply will decrease with every passing month. And this is one of the merits with the Binance coin, as far as the investors are concerned.
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tarable
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April 13, 2021, 05:29:12 PM |
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it is possible that the token price as good as BNB will reach this price. maybe it will happen like what you say, bnb is a good altcoin and has the potential to be more attractive to many people in the future, and maybe the price will move quickly in the market and will reach the price you mentioned. Many people predict that the price of BNB in the future will continue to improve.
Probably yes, but realistically I am more confident that BNB tokens will arrive at $ 1000 in one unit even though at this time it is still at $ 560 + in one unit, but yesterday's price had passed $ 600 in one unit, so I am more confident if this BNB token will arrive at a price of $ 1000 in the near future.
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skarais
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April 13, 2021, 05:54:14 PM |
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Probably yes, but realistically I am more confident that BNB tokens will arrive at $ 1000 in one unit even though at this time it is still at $ 560 + in one unit, but yesterday's price had passed $ 600 in one unit, so I am more confident if this BNB token will arrive at a price of $ 1000 in the near future.
BNB wouldn't hit $1000 without something big on the way. Even though BNB is one of the altcoin in my portfolio but I don't think this trend will last much longer because maybe the correction will continue. Unfortunately, I'm not brave enough to make BNB a long-term investment because the altcoin trend so far won't last much longer. BNB is a suitable altcoin for making profit in the short term in my opinion. The volatility is quite high now.
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Hobo66
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April 13, 2021, 05:56:54 PM |
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That's a $4 trillion market cap. It would be more realistic if it passed ETH of 250B. $2000 BNB looks promising ONE Day is the key statement. This bull NO. Maybe hits 2000 maybe...but I been wrong. 2 years ago I didnt believe BTC will hit 30k..and here we are
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blockman
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April 13, 2021, 06:01:34 PM |
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But since BNB has all these "burn events", its circulating supply will decrease with every passing month. And this is one of the merits with the Binance coin, as far as the investors are concerned.
That's the attractive power that BNB has, CZ knows the game and those who understand it see the value on this coin. But for me, it looks late all ready to buy it at the range of its price lately. If the support from bitcoin does not decrease or bitcoin does not experience a major correction I think BNB is still very likely to make a longer rally.
Looks not going to happen anytime for the correction but it's really going to move BNB if bitcoin does it. But BTC has reached new ATH today.
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Fredomago
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April 13, 2021, 06:10:04 PM |
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BNB is unique and it is different from all the other coins in a sense. Because with BNB the circulating supply actually goes down with time. And for all the other cryptocurrencies, the circulating supply either increases (at a certain limit), or in rare cases it stays the same. But since BNB has all these "burn events", its circulating supply will decrease with every passing month. And this is one of the merits with the Binance coin, as far as the investors are concerned.
With unique feature of decreasing the volume of existing coins combine with great usable chain that's now being used by developers. BNB is just getting started more expected pump is on its way. If you have spare or you are a kind of a risky investor, placing good amount of investment to this project will soon bring you the profits in many folds, you just got to deal with your own research, use every information that guides you to be more positive with this coin and everything that will impacts to this asset, it helps to keep you on hold.
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blockman
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April 13, 2021, 08:40:29 PM |
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The highest price for BNB tokens for this year has indeed been reached, namely in the past two days, because this BNB price increase has several effects and one of them is because of the growing Binance Smart Chain network in the crypto space.
And also the announcement that it's going to have a burning a few days from now. That removes a number of tokens in the total supply of it in its own economy that will increase the price. BSC + burning = price increase.
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ololajulo
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April 13, 2021, 09:01:25 PM |
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The highest price for BNB tokens for this year has indeed been reached, namely in the past two days, because this BNB price increase has several effects and one of them is because of the growing Binance Smart Chain network in the crypto space.
And also the announcement that it's going to have a burning a few days from now. That removes a number of tokens in the total supply of it in its own economy that will increase the price. BSC + burning = price increase. I feel the burning at the moment should be handled differently from the previous burning due to the demand and price, coin burnt should be reduced and the team could consider using the coin as reward in staking.
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kevindjunaidi
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April 13, 2021, 09:34:49 PM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
with the growing popularity of BNB project, especially since there are already many project using BSC, so that will make easier for the price of BNB to increase $1000, therefore I believe if this year the price of BNB will definitely increase by at least $1000 and now is still the right time for you to invest in BNB, because you can still get a big profit from investing in BNB at this time.
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masulum
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April 13, 2021, 09:36:17 PM |
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And also the announcement that it's going to have a burning a few days from now. That removes a number of tokens in the total supply of it in its own economy that will increase the price. BSC + burning = price increase.
Burning tokens only have a short-term effect for token/coin prices. Sometimes this only gives a flash pump effect. Indeed, it can provide long-term value for "most projects", but the most important part of a token's fundamentals is its demand and usability. Like BNB, their burning managed to increase the price of the coin because currently the demand for BSC tokens is increasing. So burning became a significant fundamental and managed to bring BNB up and touch ATH $ 620. Even if burning was done, maybe BNB's price would not have been this high if BSC didn't really attract developers.
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HOLD...
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blockman
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April 13, 2021, 10:08:50 PM |
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The highest price for BNB tokens for this year has indeed been reached, namely in the past two days, because this BNB price increase has several effects and one of them is because of the growing Binance Smart Chain network in the crypto space.
And also the announcement that it's going to have a burning a few days from now. That removes a number of tokens in the total supply of it in its own economy that will increase the price. BSC + burning = price increase. I feel the burning at the moment should be handled differently from the previous burning due to the demand and price, coin burnt should be reduced and the team could consider using the coin as reward in staking. It will still depend on CZ's management, if they decide and wants to get still on the track or if they think that it's only through burning that they'll get more demand, they'll do it. And also the announcement that it's going to have a burning a few days from now. That removes a number of tokens in the total supply of it in its own economy that will increase the price. BSC + burning = price increase.
Burning tokens only have a short-term effect for token/coin prices. Sometimes this only gives a flash pump effect. Indeed, it can provide long-term value for "most projects", but the most important part of a token's fundamentals is its demand and usability. Like BNB, their burning managed to increase the price of the coin because currently the demand for BSC tokens is increasing. So burning became a significant fundamental and managed to bring BNB up and touch ATH $ 620. Even if burning was done, maybe BNB's price would not have been this high if BSC didn't really attract developers. I agree to your point that it's timely and very well used by them when they've rode the popularity the BSC which is also them to add burning for the domino effect of its price.
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omone1
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April 13, 2021, 10:19:51 PM |
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With the way things are going and with the unresolved problem of in ETH chain, as more traders and projects continue to hit the BSC, BNB could easily hit $1,000 before mid may. It's actually going there.
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Princejebs
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April 13, 2021, 10:57:13 PM |
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With the way things are going and with the unresolved problem of in ETH chain, as more traders and projects continue to hit the BSC, BNB could easily hit $1,000 before mid may. It's actually going there.
Forget about Ethereum or whatever the Ethereum killer word we are used to. Binance is just integrating various elements that's beneficial to its exchange there by increasing bnb utility used case. I see bnb replacing Ethereum even if when they finally launched Eth2 by late this year. Cz is a smart individual and he will do anything to stay at the forefront of cryptocurrency. He is a business man and we will always take advantage of every trend and since he already won traders and investors trust, his influence will always drive bnb above the moon.
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Banulit
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April 14, 2021, 12:08:57 AM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
If I'm not mistaken according to the founder of binance coin, he mentioned that there will be a token supply burning that will happen within this month which is a good indication that the price of BNB can probably move upward and there is a high possibility that it can reached the 1000$ market price.
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lexkiee28
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April 14, 2021, 12:16:09 AM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
If I'm not mistaken according to the founder of binance coin, he mentioned that there will be a token supply burning that will happen within this month which is a good indication that the price of BNB can probably move upward and there is a high possibility that it can reached the 1000$ market price. Not only for the burning of the token supply that makes bnb can reach the 1000$ but seeing that plenty of new projects are shifting into Binance smart chain that makes it in-demand in the market place.
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H1N1
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April 14, 2021, 08:29:59 AM |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
If I'm not mistaken according to the founder of binance coin, he mentioned that there will be a token supply burning that will happen within this month which is a good indication that the price of BNB can probably move upward and there is a high possibility that it can reached the 1000$ market price. You right, burn will happening at the end of this month if im not wrong. BNB Burning moment is very exciting, we know just from the BNB recent spiking price on the market that many people waiting this burn. But i think some whales are playing with this too, they accumulated before burning and im afraid will dump it after burn event which can bring loss to small holders like us.
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