Topic: BNB hits record high at $638 today. Will Standard Protocol be the next BNB? - page 4. (Read 765 times)

The reason why the value is really surging up, there's no one to blame as most of us didn't see this coming, the success of BSC
made this coin very valuable.

For sure it's not over yet, there are lots of good potential that this coin will continue to grow provide good valuations to those who
are willing to risk and hold.

Who would have thought that one day the price of BNB will be 500$ +. And with the price it has started to swing upwards, I would not be surprised in coming few months even if we see it in four-digit mark soon. What a fantastic business model the binance has created for themself and now they are just minting money with their coins surging.

For ethereum? Wow that's must be so early. Crowdsale is like a 30cents for eth right? Damn if you are holding with a purchase of even 1k usd imagine your wallet value now. So bnb holders must be lucky to have this kind of value now. I have my regrets but that's alright can't really go back and make it undone. At least a clear lesson for me.

The BNB has grown substantially this year and it has reached its ATH of $638 today.This price level have been achieved within 3 years of its launch in 2017.The intial use of BNB was to pay transaction fees on Binance and it's value was around $0.15 in the initial time.The users earned rewards with holding tokens and with increase in Binance customer base the demand also increased making BNB coin third largest cryptocurrency just behind ETH and Bitcoin only.BNB was deployed on eth blockchain as ERC-20 token but with Binance announcing Binance Smart chain it shifted to its local blockchain.There are certain reasons for the rise of BNB which are as follows:

1) The Binance smart chain and Defi ecosystem is new home for different project and they all are powered by BNB as gas or we can say it is used to pay transaction fees

2)You can get crypto loans against BNB as collateral on Binance

3)You get discounts on Binance DEX if you are trader by paying transaction fees in BNB and save your money.

4)The increasing customer base of crypto market has increased the trading volumes of Binance making it one of the largest crypto exchange in the world which further powers the growth of BNB coin.

See the the supply chart for BNB:



So we can say that with future developments we can see BNB performing really well and crossing maybe $1k soon this year end.So if you can invest in it now grab the opportunity.

Check here in detail about the facts of BNB coin The growth of BNB

Someday it had to happen, Binance exchange has made its decent reputation globally which is absolutely magnificent and it has definitely leaved positive impact on BNB as we can see that bnb has crossed $600 mark yesterday which is phenomenal there is no doubt that the successful progress of Binance exchange and BSC is playing an important role in the growth of bnb.

I am sure everyone of us has these stories to tell in crypto. It is brutal, think about it: Ethereum was once sold for 25 cents! And I even took part in the crowd sale, but who the heck is balls of steel like that and HODLs? That is insane!

Without doubt BNB will hit $2000 very soon,  I think in August 2021,   because there are more use case than ETH.  huge adoption of BSC is the reason for this massive pump.

the investment you are planning is related to short-term planning. You need to be able to analyze and bet a lot on long-term investments in good projects like Binance.
good projects don't get there in a short time. because many do the hype and then they die.
BNB is gradually taking steps for sure, and today we see how there is no doubt to invest in binance.
just try some of the big-name exchange projects or other big partnerships. several wallet platforms are also popular now. I am interested in TWT and TKO.

The previous increase in the value of the coin from $40 to $340 also took very little time. Perhaps today's high is related to the news that Binance is launching a trade in tokenized Tesla shares: https://www.binance.com/ru/support/announcement/2c64611658c645a59e05ef12f02c22ab Given the positive news about the coin, we can expect a further increase in the price of BNB.

The price of BNB is growing mainly due to the pharming of other tokens in the DeFi ecosystem.
The second reason for the growth is the burning of tokens until the number of tokens reaches 100 million.
The first reason has a much stronger effect on the price of BNB, but the end of the pharming era may lead to a rapid drop in the price of this token.

I bought BNB for $28-$30 and sold for $50. I thought it was a good time to pull out and I couldn't resist any longer!
Oh well... I don't feel bad about this sale. 

Damn mate I even sold my bnb way too earlier than that. I am so frustrated seeing bnb grows so fast now. But what can I do that's how a certain project grow so fast. Congrats to all massive bnb holders.

I think bnb can really get close to ethereum sooner or later. But of course retracement is a must as the price is so overbought now.

As I predicted after the Binance Smart Chain (BSC) was Launched BNB's price will be skyrocketed due to the rising demand from the new projects that using BSC as their network thats why I'm not surprised at all. But still, it does not yet reach my prediction of $800 -$1000 per BNB before the year 2021 end. By the way about Standard Protocol, I'm not familiar with the project so I can't give any opinion to them so if you believe that Standard Protocol will be a good investment then it is your own decision and no one can stop you from doing anything you like including investing to that said project.

Regardless of the number of BNB currently owned, they still have the desire to increase their portfolio. because the increase in BNB is still in its early stages, so it is possible that everyone will remain firm to continue to soar above $ 1000.
I will not regret what I sold. just once at that time, and in the future continue to try to buy some potential coins such as ETH and BNB.
and so far I still take a peek at some of the projects that are being refined to catch up with BNB.

Honestly i never heard about those projects OP
They are not familiar for me and i were active public sale participants. Those projects were not getting hyped and how can you sure if they will make another 200% ROI?
If that was about MINA procotol, ECO, Casper or even cerenetwork and i may think that will be reasonable even when you will be arguing these coins will reach 50x ROI.
I think those are not so promising as binance.

We are witnessing a new era in cryptocurrency. Solid projects like Binance are here to stay. So, regardless of the bull or bear run, I believe BNB is one of the market leaders. Relying just on Ethereum as the base layer of new projects is no longer efficient (due to the high fees.) With the Binance smart chain in place, I believe this upcoming Mocktail https://mocktail.finance decentralized platform can be a huge success too, as it is built on Binance Smart Chain.

I also can't really see Binance growth coming to an end. Such an efficient business with insane profitability. Look at the upcoming Coinbase IPO. These crypto businesses are impressive.

I cant belive in my eye. BNB just shoot up from $300 to more than $600 within 2 weeks. I think that it must take time for binance coin to x2 from $300 but now, it breaks all of my forecast

Congrats people investing money in binance coin. With binance smartchain , BNB will soon become equal to ethereum. Its market cap is more than 1/3 of ethereum

In crypto is always have unpredictable movements whether it can go up or down that's why we always say profit is profit, big or small. So, cheer up mate your crypto journey is not yet over and there are still hidden gems you can find to hold and wait for the right moment to take profit.

Not your fault mate, no one knew that BSC will be this successful, every new projects are now finding all means necessary to avoid Ethereum blockchain just because if it's high transaction fee, even those that are already on Ethereum are switching back to BSC, this is why there is huge demand on BNB