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Author Topic: BNB Burn is coming  (Read 360 times)
FloridaKid (OP)
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April 12, 2021, 02:56:08 PM
 #1

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

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April 12, 2021, 04:08:14 PM
 #2

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.
It's too late to accumulate more and more BNB. FYI the burn already announced since a long time ago. When people are buying BNB right now and it's just a disaster consider BNB can get a correction after the burning even.

Some people have been talking about the possibility for the BNB holders to receive the BUSD airdrop soon. BNB will act like a stock.
I think BNB is overbought right now.

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April 12, 2021, 04:12:35 PM
 #3

BNB isn't overbought, I will screenshot your claim on BNB @makishart because I'm sure that BNB will go over 700$ soon, out for that fact that BSC solves gas issue that's supposed to be on Ethereum, let's wait and see what happens

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April 12, 2021, 04:15:26 PM
 #4

Recently, the Binance exchange added tokenized shares of Tesla to its platform, if Elon Musk tweets about it on Twitter ....you know what will happen, so everything is still ahead. Shocked
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April 12, 2021, 04:27:50 PM
 #5

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

I think with a token burn from BNB, then of course the price of BNB will increase very high again and this is an opportunity for us to buy BNB, because the price of BNB is going down (below $600), so I am sure if token burn from BNB has occurred, then the price of BNB will definitely be easy to reach $1000 and of course we will get a big profit from investing in BNB at this time.

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April 12, 2021, 04:45:39 PM
 #6

Yes, price will be rising more after burning BNB but this news have published already and price have also pumped in great amount. It was better to invest BNB few days ago. But still anyone can invest on BNB because it is most promising crypto at this current market.
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April 12, 2021, 05:03:13 PM
 #7

Yes, price will be rising more after burning BNB but this news have published already and price have also pumped in great amount. It was better to invest BNB few days ago. But still anyone can invest on BNB because it is most promising crypto at this current market.
Few days ago? BNB lose some huge value today, from 637 to 544 around yesterday till this morning, it's still a good time to buy BNB, actually I'm doing some trading that's earning me good profit just from BNB only

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April 12, 2021, 05:06:59 PM
 #8

BNB Burn is coming

BNB made x15 this year so yes you are right BNB Burn is coming. Some people will get burnt really soon. BNB market cap will soon be $100 billions.  For a utility coin that can be used on a exchange.   IBM market cap is $111.5 billion.  There are less then 100 companies on the world worth more then BNB utility token. Not Binance exchange but the utility token they use.
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April 12, 2021, 05:43:33 PM
 #9

if this has been announced before now it's ... too late have a big profit with this burn.
reducing supply doesn't imply a direct correlation with price...

What I have seen interesting is related "airdrop" and new project, literally growing like mushrooms and in some cases also endorsed by binance. I think this will have a better impact on value of token then a simple token burn.

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April 12, 2021, 06:00:37 PM
 #10

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.
It's too late to accumulate more and more BNB. FYI the burn already announced since a long time ago. When people are buying BNB right now and it's just a disaster consider BNB can get a correction after the burning even.

Some people have been talking about the possibility for the BNB holders to receive the BUSD airdrop soon. BNB will act like a stock.
I think BNB is overbought right now.

Except for those who bought earlier below $200, $100 will definitely take profit, if they haven't already,  for those who are accumulating now, surely no one will want to sell for loss,  between once the burn occur means less bnb in circullation, bnb utility is expanding which is also another reason to increase demand,  so the probability of bnb crashing that low is very slim, and the probability that bnb will most likely touch $1000 is high, just a personal observation and not a financial advice.  Smiley

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April 12, 2021, 06:05:40 PM
 #11

BNB has already pumped significantly. Who would have thought the copycat ETH will have this significant pump someday? At least, I didn’t.
Nevertheless, burning announcement had an affect already and I guess when CZ will share the burning event dates or when they will share burning details, BNB will pump to $700. But still, BNB is certainly overvalued and it’s very risky to stay in.

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April 12, 2021, 06:17:45 PM
 #12

BNB has already pumped significantly. Who would have thought the copycat ETH will have this significant pump someday? At least, I didn’t.
Nevertheless, burning announcement had an affect already and I guess when CZ will share the burning event dates or when they will share burning details, BNB will pump to $700. But still, BNB is certainly overvalued and it’s very risky to stay in.

Copycat eth? You must be reading something different, bnb as a coin and bsc is totally different,  bnb is an exchange coin eth is not, just because binance now has its smart chain don't make bnb a copycat of eth, go read the white paper and understand it,

I hope you know the date when bnb was launched, how long it took before it reaches this price, it didn't just happen overnight,  lots of hardwork have been put into making the exchange one of the highest trading platform, something ethereum is not, so I wonder where you see copycat.

Eth at $2000+ with crappy network is the overvalued coin imo. I did a trx transfer to binance without paying for fee or perhaps for insignificant amount compare to that money hungry network called ethereum.
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April 12, 2021, 07:00:51 PM
 #13

Maybe every one of those who sell their BNB at $300 or less than that, waiting for a major correction. But none knows if there will be another IEO which might be announced just after burning event. TBH, BNB might take bullish rally for $1k zone if that's happened and just like previous bullish rally, it'll might also make sidewise movements if bitcoin takes another correction, IMO.

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April 12, 2021, 07:08:02 PM
 #14

A lot of people still saying lots of upward room right now but I feel as though a lot of people are top buying.  That usually is the downward trigger or at least a hard pullback.  Easy putting money on something when its always going up, I lile to put mo ey down when everyone is selling.

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April 12, 2021, 07:17:02 PM
 #15

most people think bnb will make corrections after this burn,and they thinks its price will go down too. When i inspect the bsc network, I see significant improvements and significant volume increase so I am unstable, it can continue to move forward.
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April 12, 2021, 07:19:21 PM
 #16

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

BNB burning had been a part of their mechanics ever since so there is nothing new here.  I do agree that the launch of BSC is one of the major reason why BNB price is surging.  I have tried the system and I can say, I am quite happy that at least there is an alternative chain that we can use that is way cheaper than ETH main net.  Anyway, it is not recommended to invest in a price that had already surged multiple times in its current trend.  It is best to wait for it to have a correction and find a window for market entry.

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April 12, 2021, 07:52:01 PM
 #17

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.
BNB is keep pushing and pushing its price up to the top. BSC was the game changer and I think there will be more projects that would use them instead of the others.
As it about to burn, this is the hope of the peak investors despite it's already high, they're leaning to make money once its done.
Some people will get burnt really soon.
For there will be and I think most of them are those investors who invested because of hype, the same as the usual.

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April 12, 2021, 07:52:09 PM
 #18

If BSC never existed till this day I'm not so sure that BNB can make it this far even with burning off part of max supply, the reason why BNB is a most have in your portfolio right now is because of BSC, this is just the beginning, 1000$ per BNB is possible

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April 12, 2021, 08:18:39 PM
 #19

BNB tokens is my biggest miss of the year because I saw the price at $42 thinking it is going to correct but the price has never look back since then, I do underestimate the effect Binance chain will have on the price of BNB tokens and If there is any tokens that I feel can compete effectively with Ethereum for the second spot, it is BNB, because people talk about Ethereum space and do undervalue what it happening on other chains

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April 12, 2021, 08:53:31 PM
 #20

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.
Bnb is pumping hard right now and undoubtedly the upcoming bnb burn will play a major role in making bnb more valuable, maybe after the burning we could see bnb at $1000 probably, buying a few bnb now will definitely be worth it, I would rather buy it now at ~$500+,than buy above $1000,hopefully Bnb will pump to Mars after the burn.

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