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Author Topic: If BNB will reach $500, what's next?  (Read 811 times)
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April 10, 2021, 07:07:01 PM
 #21

Good news for BNB holders and to give more confidence to collect more BNB. We are very enthusiastic about welcoming BNB, which will soon join ETH. There is no mistaking it with the burning that continues to be carried out, so it is possible that this year we will witness a significant increase. So, there's still time to get hold of BNB, before it jumps to $ 500 or even more. Gradually BNB will be at the most ideal stage.

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April 10, 2021, 08:54:56 PM
 #22

Theres a lot of good reason to hold BNB, its foundation is very strong and the network consistently growing because of mass adoption. Projects migrating from ETH to BSC is something to look forward, honestly a $1,000 per BNB is still very conservative.
Looking at the daily growth in the price of BNB, I believe $ 1k is not impossible...
Altcoins season is starting and almost all Altcoins have experienced a significant increase, many 'shittoken' have also increased too 'lol'. BNB is an altcoin that has great potential and may well overtake ETH.



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April 10, 2021, 08:59:55 PM
 #23

Theres a lot of good reason to hold BNB, its foundation is very strong and the network consistently growing because of mass adoption. Projects migrating from ETH to BSC is something to look forward, honestly a $1,000 per BNB is still very conservative.

This is the edge right now of BSC network over ETH. With their economical fees, developers are choosing their network to create their project. However, I hope, BSC will not be full of crap projects later on. With the congestion in network, that's when issues arise. I don't know if BSC platform has certain restrictions for a project to create under their network. And right now, BNB has high potential to increase more in the next coming months.
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April 10, 2021, 09:13:38 PM
 #24

Theres a lot of good reason to hold BNB, its foundation is very strong and the network consistently growing because of mass adoption. Projects migrating from ETH to BSC is something to look forward, honestly a $1,000 per BNB is still very conservative.
Looking at the daily growth in the price of BNB, I believe $ 1k is not impossible...
Altcoins season is starting and almost all Altcoins have experienced a significant increase, many 'shittoken' have also increased too 'lol'. BNB is an altcoin that has great potential and may well overtake ETH.

Definitely,  no doubt it could happen one day, the rate of increase of BNB is so fast, as the hype is on, nothing is impossible and altcoins season is already here, just like before, any coin or token could pump, and you are right even shitcoins could pump at the current situation.

As ETH has been critized with their high fees, BNB is taking the praise, and thought its centralized, people doesn't care anymore as fees are lower and that would attract investors that using the ETH platform.
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April 10, 2021, 11:30:08 PM
 #25

Some bounty campaign is already using binance network as an alternative for ER20 and it means BNB is become a good competitor for ETH network.

This is why I believe behind the BNB price is always increasing even can reach $500 as its new all time high even its price movement still showing a good indication to increase more.

Also, now I never use ETH network anymore to sending my coin or to withdraw my fund to money fiat. I only use binance smart chain because its fee still low rather than I use ETH network.
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April 11, 2021, 02:53:38 AM
 #26

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
Will soon Smiley
I don't believe that even though they are outperforming their opponents at the moment, but the problem can be solved in the future.

BNB is one of my favorite coins, I started to get my friends and relatives to buy it when it was still around $ 10 and now I feel for BNB in ​​this growth as low as $ 1000.

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April 11, 2021, 03:16:56 AM
 #27

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
It can possibly happen, because i see there are a lot of benefit that given by BNB or maybe it's BSC, like we can use it in launchpad, or maybe lower fee than if we use ETH chain, maybe in future almost all people will change to BNB or BSC Chain and ETH can be possibly not used anymore because for simply case  like fee, BNB or BSC is better.

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April 11, 2021, 05:12:03 AM
 #28

even now, I feel that BNB is catching up to the ETH position very fast. Well, the current price developments I think are normal for Binance. its development from day to day is truly impressive. besides that, BSC has also become a platform that is being targeted for developers today. I think the BNB price will continue to increase at this time. this looks like BNB has started to master several angles of crypto such as markets, platforms, and others. sooner or later I'm pretty sure the BNB price will be above $ 1k.

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April 11, 2021, 05:48:33 AM
 #29

Maybe $1,000 will be the next challenge for BNB to reach because BNB is on the way to go to that price. But BNB needs more time to reach it as we know that after the price hits the highest price, it will go down for a while and needs to take a break and get more support to help the price start increase. Maybe $1,000 will happen in this month or next month, but BNB can get that price. With many projects moves aside to BSC, that gives help for BNB to increase and the BNB market will grow.



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April 11, 2021, 05:50:25 AM
 #30

I think BNB will keep pumping along with FTT token until the COIN listing next week. And depending on how Coinbase trades during its IPO week, we will see something similar for BNB/FTT. So bear in mind that if the COIN launch ends up being a huge dump, then most likely the same with happen for BNB. Regardless of what price BNB is at the time or what BTC is doing.

These exchange tokens are very speculative and volatile right now and they are highly risky to trade with leverage. So make sure you just buy on spot. Because when the markets open and it goes live with the COIN stock listing then things can get pretty crazy.

Predicting what will happen? Who knows. Maybe it will be a blow off top, maybe it will keep climbing steady. We will see.
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April 11, 2021, 07:34:05 AM
 #31

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
There are partnerships in Europe, the native token is the only currency that you can buy with good project in their launchpad,  so the demand tightens, making the price extremely high with all that greedy investors. Still, its price is low and can surely pass ethereum.
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April 11, 2021, 07:54:27 AM
 #32

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

Yes, I agree with you and I also waiting that moment because BNB is one of my favorite coins But BNB needs more time to reach it as we know that after the price hits the highest price, it will go down for a while and needs to take a break and get more support to help the price start increase.
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April 11, 2021, 09:34:18 AM
 #33

It's obvious, next target will be 600, then 700, 800, 1000 and 2000. Until it reaches and passes ETH there will be bigger price targets. We just don't know when.


Well, I think that's a realistic target but will ETH stay at $2k? I also believe that ETH has a huge follower and they can pump the price as well. If we look at the short term movement, it may look like  BNB is overvalued, but with the reasons posted, I think it's just right for BNB to pump this high.

Bnb coin growing up too fast apart from any altcoins Btw i don't think it's overvalued, team did many hard work for now we see that the result. Binance launching many IEO project, massive people's buy BNB and stored to entry in launchpad projects as a result BNB demand increasing.

BNB token supply reduction, high GWEI in Ethereum network, these reasons also helps to increase Binance demand.
 
Yes.  Gas is one of the inherent disadvantages of ETH that for this reason the user base has been heavily redirected to BSC.  Right now, BNB becomes a heavyweight competitor, challenging the upgrade from ETH 2.0.  The pressure is so great until the final stage of the upgrade of ETH 2.0, BNB will probably still increase strongly in the near future.
In addition, burning will be chosen by CZ to further boost the value of BNB.  $ 800 is not impossible.

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April 11, 2021, 10:00:21 AM
 #34

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
Why do people keep thinking that there is really a method we could actually make a profit and then we have to stop? What is this questioning about why it should stop or should it stop. Did we say that "if bnb reaches 50, what's next?" no we didn't do that, did we do "if 100, what then?" no we didn't, not when it was 200, not when it is 300, and not when it reached 400, and now I am not going to do that 500.

My only goal is higher, doesn't matter what the price is, if it can go to any price at higher level that means it could go even higher. If it can go to 1000 dollars, why not 1100, what makes it 1000 but not 1100? There is nothing, which means if we can go to 500 that means we will go to 700 too, and that means we can go to 1000 too, and it means we can go to 2000 as well. There is no reason and there is no way it will stop and that is why I will keep holding.

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April 11, 2021, 11:03:29 AM
 #35

It's just Binance that's behind BNB really eager to make the value of this coin going up. All those efforts including burning coin, launchpad crowdfunding using BNB, all the while developing an alternative blockchain to ETH called BSC now it's just getting more and more popular it's just obvious why it gets pumped again and again. Many people also think it deserve the value of $1000, there are BNB fanatics aswell but if you ask me the main cause of pump maybe I'd say it's because the launchpad crowdfunding that uses BNB like a lot, also there's staking etc.

The only thing that holding it back though, the fact that it's centralized, it could go south like anytime.

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April 11, 2021, 12:14:54 PM
 #36

The only thing that holding it back though, the fact that it's centralized, it could go south like anytime.

Honestly, this is one of the main concern, for centralized coin in a decentralized space to succeed does not make sense, maybe BNB are just overvalued at the moment and ETH would really pump more than BNB can are doing once their ETH 2.0 is successfully launch. People have been talking about it that it will resolve the high fees problem, but until now it's not yet fully implemented, but still good for ETH as its stable and it has also pump in this bull run period.

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April 11, 2021, 12:54:49 PM
 #37

Good news for BNB holders and to give more confidence to collect more BNB. We are very enthusiastic about welcoming BNB, which will soon join ETH. There is no mistaking it with the burning that continues to be carried out, so it is possible that this year we will witness a significant increase. So, there's still time to get hold of BNB, before it jumps to $ 500 or even more. Gradually BNB will be at the most ideal stage.

Probably. But let us see first. Right now struggling to maintain strength above $500 as it is still hovering but this could be because BTC itself is having problems to overcome 60k.

I think we need to wait for more BTC to lock itself on Binance Smart Chain first before we see a next milestone for price gain.

Not a fan by the way,,, just watching;)

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April 11, 2021, 02:44:13 PM
Last edit: April 11, 2021, 02:58:31 PM by Ararbermas
 #38

The reason behind of this full swing of alts especially top altcoin in CMC, its because bitcoin dominance gradually decreasing after reaching the new ATH price in the market,  actually this always happened, wherein even before since alt season usually take over after bitcoin making good progress or break new ATH price. And its very rare to see that, both BTC and alternative coin will do the same performance in the market especially top altcoin as they have different seasonality.
And base on your title. Well if you will make a TA in the market (BNB) you will see there's actually a fluctuation, and it's now below $500. But since alt season still not end, probably there's still a chance it will make new correction again on my opinion.
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April 11, 2021, 04:48:44 PM
 #39

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
ETH does not seem to really solve the serious problem of transaction fees because GAS is quite high, people are switching to binance smart chain networks that are cheaper to do transactions even many large projects from ETH networks move to BSC networks, for example 1iNCH also has a network in the BSC maybe UNiswap as the biggest contributor to transactions on the ETH network also has a network at BSC, I think it will look interesting, people think the BNB price will touch above $ 1000

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April 11, 2021, 05:30:59 PM
 #40

Before talking about the BNB you should note that it's a native coin of the Binance exchange. There is the use of BNB like pay trading fees, pay the listing fee and buy Launchpad which is leading to bumping prices. Binance always will try to manipulate the BNB price, because they are one of the reputed exchanges in the crypto world. Binance wouldn't see dump their native coins.

Achieve $500 for BNB in just a matter of time. But most likely it doesn't mean it can overtake ETH in value. Keep in mind the value and the price isn't the same things. Still, now there is huge community support for ETH, so it wouldn't easy to overtake. But eventually, we know everything would happen in crypto, I just express my opinion.

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