Let's pay attention to BNB?

[ymckartal]

BNB has long been doomed to under $500. Arrangements have been made now, I thought, because it went up to $505. But this week, it was again doomed to the $400 range. There is only one lesson I have learned from what has happened. Definitely BNB will explode soon and make a rapid rise.

[Fredomago]

Dude that's because of BTC and Ethereum dumping and then recovering. BNB proves it is just another altcoin as it can't even break from the market directions of the main coins.

And this is all after millions spent on continual marketing from CZ and his company.

This is not that I'm saying it's not a bad idea to get into BNB now. Just saying it's always a risk with centralized alts.

There's always a risk and it should be taken into account before investing, we knew that the market still swaying and the direction of each coin is unknown, we can speculate and give our opinions but we won't have any accurate prediction, most are according to how they believe CZ and what are the development that he will bring to create another good rally..

BNB has long been doomed to under $500. Arrangements have been made now, I thought, because it went up to $505. But this week, it was again doomed to the $400 range. There is only one lesson I have learned from what has happened. Definitely BNB will explode soon and make a rapid rise.

It will once the market shows good appreciation coming from investors and traders, BNB is one of those top projects that will

receive good support, you need to extend your patience..

[slaman29]

This is not that I'm saying it's not a bad idea to get into BNB now. Just saying it's always a risk with centralized alts.

There's always a risk and it should be taken into account before investing, we knew that the market still swaying and the direction of each coin is unknown, we can speculate and give our opinions but we won't have any accurate prediction, most are according to how they believe CZ and what are the development that he will bring to create another good rally..

Yeah but I'm talking about a particular risk with centralized alts like BNB definitely is. If CZ decides to be an idiot and do something of some scandalous nature, or if Binance gets caught with their pants down doing some illegal thing somewhere, or even if CZ or staff just well, die.

This isn't about market risk, this is about the control he has over Binance and thus over BNB.

[Jose Mourinho]

I think BNB is one of the best altcoins to invest in right now, because BNB has very strong potential and fundamentals in the market, so the demand for BNB is increasing from time to time, I think this is the right time to start buying BNB because of the price still very affordable.

[Sayeds56]

BNB has long been doomed to under $500. Arrangements have been made now, I thought, because it went up to $505. But this week, it was again doomed to the $400 range. There is only one lesson I have learned from what has happened. Definitely BNB will explode soon and make a rapid rise.

In this year BNB has deserved to be at the price of $1K if the market could improve, but if the market remains the same and is still experiencing a correction, then it will never happen this year so it will still be in the range of $400 until the end of the year.

Well said. Binance Team has established exemplary strong use case of BNB which is the driving force behind BNB and this the reason BNB performance in 2021  was  outstanding . Currently its price is below $500 while Bitcoin market is sideways. It will certainly hit $1K in the next Bull run.

[imamusma]

I think BNB is one of the best altcoins to invest in right now, because BNB has very strong potential and fundamentals in the market, so the demand for BNB is increasing from time to time, I think this is the right time to start buying BNB because of the price still very affordable.

In a corrected condition like now the demand has never increased sharply, you can immediately see the amount of volume in several exchanges and if at CMC it is very clear that USDT volume has started to increase again, shifting BNB to rank 4

[Japinat]

I think BNB is one of the best altcoins to invest in right now, because BNB has very strong potential and fundamentals in the market, so the demand for BNB is increasing from time to time, I think this is the right time to start buying BNB because of the price still very affordable.

In a corrected condition like now the demand has never increased sharply, you can immediately see the amount of volume in several exchanges and if at CMC it is very clear that USDT volume has started to increase again, shifting BNB to rank 4

That's a sign that people are starting to convert their altcoins to stable coins so they will not lose if the market will be bearish. BNB is still at a good ranking, it's currently number 4 now but eventually, it will pump again as the market turns bullish. What's important is that its liquidity is still good as we still have some good news circulating around.

[SlimShadyMmp]

I thin L1 and gaming metaverse actually make some serious gain this year and BNB having some serious liquidity and the whole defi connected to it is actually another alternative to ETH and considering the gas fees and NFT gaming I think 1K BNB is like a time thing but I will happen

[StarKay]

In a corrected condition like now the demand has never increased sharply, you can immediately see the amount of volume in several exchanges and if at CMC it is very clear that USDT volume has started to increase again, shifting BNB to rank 4

That's because most people are moving their assets to more stable coins like USDT and USDC with the hope of buying back at a cheaper price. BNB for me is one of those coins that will be quick to gain once the general market shows a sign of recovery.

[kapalmabur]

In a corrected condition like now the demand has never increased sharply, you can immediately see the amount of volume in several exchanges and if at CMC it is very clear that USDT volume has started to increase again, shifting BNB to rank 4

That's because most people are moving their assets to more stable coins like USDT and USDC with the hope of buying back at a cheaper price. BNB for me is one of those coins that will be quick to gain once the general market shows a sign of recovery.

Indeed, by moving assets into stable coins, of course the goal is none other than securing assets,
for now I think we need to be patient and wait for good news from market conditions,
and we'll see how far the progress of BNB

[savetheFORUM]

In a corrected condition like now the demand has never increased sharply, you can immediately see the amount of volume in several exchanges and if at CMC it is very clear that USDT volume has started to increase again, shifting BNB to rank 4

That's because most people are moving their assets to more stable coins like USDT and USDC with the hope of buying back at a cheaper price. BNB for me is one of those coins that will be quick to gain once the general market shows a sign of recovery.

Stable coins are useful in this kind of situation where the market is highly volatile and often times it is dumping, no wonder why stable coins are crushing other coins on the rankings. Speaking of usefulness, bnb is a coin that is also useful as its being used as gas fee in the binance network.

This makes the coin demanding up to this time even though there is a correction that is happening  . another thing that can make the bnb coin pump is their burning process. Overall , bnb is a superb coin that every investors should add in their portfolio and if they think they are late in btc and other giant coins, well not in bnb as there is more to come from this coin.

[soureden]

Every fall has a take off. BNB fell to last year's level. We can think of this as a revision of BNB. Now, BNB will open the bull season after $ 400 and will increase to $ 750 in the first half year.

[Sayeds56]

Every fall has a take off. BNB fell to last year's level. We can think of this as a revision of BNB. Now, BNB will open the bull season after $ 400 and will increase to $ 750 in the first half year.

The BNB coin has been following the overall bearish trend of Bitcoin  market as majority of coins do  and its price declined around 50% from its ATH despite its strong use case. In view of the comparatively lower transaction fee,  Binance smart chain is very popular among Developers who use it for creating smart contracts of DEFIs and NFTs, this strong use case has potential to take BNB to 3rd largest crypto currency in future when bearish trend in Bitcoin  comes to an end and Bull run is resumed.

[ymckartal]

I have a prediction for February 28th.  As I see in the market analysis, the year 2022 will be pregnant with a long-term bull run and we will watch surprise rise charts from surprise cryptos.  This means the proof of a good opportunity for investment.

[soureden]

BNB is back to its level a year ago. I wonder if the delay in the renewal process has a negative effect on this crypto? I would like to know your thoughts on these developments.

[ymckartal]

BNB is back to its level a year ago. I wonder if the delay in the renewal process has a negative effect on this crypto? I would like to know your thoughts on these developments.

BNB may have regressed to its level a year ago, but I don't think this is related to the overall demand of BNB. I am of the opinion that it may be related to the taxation of cryptos rather than the delay in the expected regulation of BNB.

[ymckartal]

BNB started to move today. I wonder if $400 will break the critical level tonight. Exceeding $400 may break its chains and prepare a ground for it to rise. The target is $600.

[blockman]

BNB started to move today.

That's thanks to bitcoin.

I wonder if $400 will break the critical level tonight. Exceeding $400 may break its chains and prepare a ground for it to rise. The target is $600.

It's just $4 away from that price so it's likely that it will break that $400 that you're asking. If it goes back to $600 then it's surely one of the most resilient crypto. Everyone can remember that when bitcoin has a huge dump, it's still sitting on $500-$600 which was its peak. And right now, it's not that far from that peak and can still go back there once again.

[Ten98]

BNB started to move today. I wonder if $400 will break the critical level tonight. Exceeding $400 may break its chains and prepare a ground for it to rise. The target is $600.

BNB's 24 hour high was $398.4 and that's so little from the $400 level that it makes me even more sure that the $400 level on BNB will pass soon and will even be close to $500 again if market conditions continue to improve.

[ymckartal]

For BNB, every period is now an investment period. I am reading statements that the estimated value of BNB to reach after 6 months is 1200 dollars. How realistic do you think this could be?