Topic: BNB hits record high at $638 today. Will Standard Protocol be the next BNB? (Read 780 times)

The main reason for the fall is always bitcoin, no matter what support the BNB has in a global trend, the coin will do the same as other coins.
However, it is obvious that this is temporary, which means it is time for a sales.

Yes, hopefully it can increase even more after the correction is complete because considering that BNB has very much and great support so that its capabilities are clearly very large when compared to other Altcoins in the cryptocurrency market.

Yes, I have also said that the cryptocurrency market is very difficult to predict or predict before everything happens, because what we think now could happen the opposite way in the future, as in the current example of BNB, even though in the past there were not many who are interested in this one coin.

Simple. Just learn how to invest properly.

Binance announced a new project in their launchpad launchpool section yesterday and that has caused price increased in addition to overall market movement to the upside in the last 24hrs. I don't know about the automata project well enough but I have added my small bnb to the farm pool instead of to keep them idle in my wallet. I bought back those bnb at $360 last week and I am glad the price has increased. Let's see if it would touch all time high soon. You guys should hodl.

There were also some great news for a new application on the Ethereum blockchain. A financial company started issuing bonds on ETH I believe. I read that somewhere but can't remember where exactly. That's huge because it further legitimizes Ethereum as a reliable a secure global decentralized ledger even for financial products of highest security requirements.

Binance coin selling history is so many, BNB is a new coin compared to other altcoins. From 2017 to now we have taken so many wrong steps by selling this coin. There is no doubt that BNB could hit 1000 USD. Some of us feel sad to sell BNB now, this is called the cryptocurrency market. Prediction doesn't work and the top profit we can't take. Some of us are buying now to get profit during 1k USD.

Don't be too frustrated and get disappointed, maybe at that time you sold it in a hurry or there are other factors that make you think you have to sell it at that time, it can be a correction in the future.

In my opinion, the reason is the updates. The first update was supposed to lower fees - it worked out great. The second is to start burning Ethereum on every transaction. Given that the first update was successful, it is obvious that people believe that the second update will have the same success, which means now is the time to buy.

Most of what you say is true but look at ETH over the last couple of days. It is growing while BTC stagnates. To me it seems that the BTC push might be a bit saturated and now it is ETH turn, whoever is pushing it right now.

I think if you look in retrospect, not only will BNB seem like an excellent choice, but Ethereum and many other coins that have shown remarkable growth due to the growth of bitcoin.
Obviously, the market is moving in the wake of bitcoin, which means that if you expect the growth of bitcoin, then you can expect the growth of the top 100 coins. And if we talk about Ethereum, then now, it is especially clear that this is cryptocurrency gold.

One day left

IDO at PolkaStarter on 29th April

Good projects like 0xMR and FARM are moving to Binance Smart Chain. The chain has a lot of potential but gas fees are rising. A week ago gas fees were a few cents, today they are 5usd. How long before they are 50usd like Ethereum?

yes right, the bnb is still in the development stage right now. I think if later after everything is finished being developed by the developer then I'm sure BNB will be the best token after Bitcoin !!!

BNB starts looknig bullish again hopefully it breaks above 550$ again Let's go!
Sad that the dip ended up affecting it more than other coins tho the recovery is now going to be harder

Perhaps one of the innovations for Binance at the moment is to expand the existing nodes, because currently there are only 200 nodes worldwide and this makes security low, lest this small number of nodes stifle its growth to become one of the big names in the crypto ecosystem.

BNB has seemingly bright future because it is managed by the current number one crypto-exchange. Let us all wish that Binance team will continue to innovate so they can sustain their position in the market. Because sooner or later, there will be platforms trying to surpass what they have. But since they already have the resources to advance their developments, they have the edge over the others. I hope Binance will not fail its supporters.

"Disappointment" is a strong word here: Imagine founding a company that is worth $60 billion after what, 9 years? For some it might have been a disappointment but overall it is an unbelievable success story!

it all depends on how your technique runs the assets you have. what I wrote above is what I did. the investment method that I do in BNB is long-term, no matter how much now the BNB rises in price, I have never sold it, I am sure that in the future the BNB will be better.

Yes it is fine. Even though it seems small, it is still profit. I may do the same thing if I was you. On other side, still consider yourself as a lucky person because you have discovered that coin as early as you did. Right at this moment, I am still wondering where more can I read or research about BNB since I am still not familiar with this even though it is already popular and its price is already good in the market. Yes Im kinda late but it is better late than never, right ? So you're still lucky.

Seems like 600$ didn't last but at least we might be seeing some support at 500$ levels. This kinda makes sense, too many trades had happened at $300 levels so some retrace is healthy before good news can come again to cause another pump.

It seems that the ambition of many people regarding the burning by BNB will experience a little problem due to the correction that is taking place in the market.
There is not much that can be done when BTC is under correction even though the opening is over.
several assets such as LTC have also experienced it. and we'll have to wait for the next moment to see the pump to come.
trust me we will not be disappointed with BNB.

Long holders seems to be ruling the world. As for now BNB is going to keep flying until ethereum network is fixed, just a child of necessity. Sol is another project that is gaining attention but trustwallet is yet to support their native dex.

Why don't you wait for a few weeks? Coinbase listing was a disappointment (the current valuation is around $60 billion instead of the expected $100-$150 billion), and the impact will be felt on BNB very soon. I don't think that BNB can have a valuation that is much higher than that of Coinbase. Right now BNB is having a market cap of $82 billion and I am expecting a 20%-30% correction in the coming days. You can use this opportunity to accumulate BNB.

Yes, I am going to sell some $sushi, can the two items mentioned above be bought?

No need to regret it friends, no one will really know that binance will go up this high, the recent good moves in binance are based on the demand and turnover of ethereum investors who are having trouble at high fees. Binance is making the most of this momentum.

It is what it is, you can not always get it right, some people sold btc and eth way too early as well, it has happened to each and everyone of us, the feeling is like been able to turn back the hands of time, lol, I also sold too early now I don't feel the need to buy back,

Those project you mentioned are new to my ears, but I guess just like you, I will also have a look, nobody knows exactly when the alts season will be over, some people believe it hasn't started yet, hence it is kind of difficult to tell you what will happen next, the only important thing to note is invest what you can afford to lose.

Yes, you are right, no one can predict the price

OP wants to shill his new project and that's why he was mentioning standard protocol but i think it will never replace BNB. BNB is BNB
The new coin will become another major coins or garbage coins but when you wanna try to analyze the standard protocol and then
OP has no clue and that's why he was comparing apple to the orange.

BNB is not even comparable with the new coin.
So many shilling thread these days dude.

I also played around too much with my holdings in the past, buying and selling back and forth. I wish I just leaned back, feel asleep and woke up 3 years later out of a sudden.

I played with my BNB, bought at $7 and sold off at $13 and bought back at $14 and sold off at $21, looking back today, I should have done my mathematics very well to see the problem with EtH network. The problem with the ETH network is giving Bnb a booming season because of its off-chain scaling. I have just staked my leftover BnB.

I never understood people who looked at other projects and find some gems in different ones. You look at how great BNB is and then you ask if standard is good, I am sorry but how can someone do that? You look at BNB and see how great it is, and you say BNB is great, that is the normal approach to things, I believe BNB looks good and it will keep being good that's all.

Obviously it is too high right now, and obviously people are worried that it is a bubble that may crash at anytime and I understand why they think that way, but that doesn't mean that we will have to end up dropping to under 100 dollars like the old days, I believe something was established around 230-360 dollar price range which means if we could actually keep going high we will but if we drop we will be around those prices and that is not really terrible I would be fine with that since I got in earlier.

Yeah I am seeing most people are speculating about end of current bull run by mid of this year but in my opinion they all must be wrong as per past similar bull runs in this crypto space. I guess even bitcoin bull run will be ending, some reputed and potential altcoins will continue on their own bull run. So, if you find real potential projects then you may go investing responsibly as there are possibilities for bull for that particular project also might be happening, who knows?

I didn't really follow the progress of these two projects. but if we talk about BNB it does have a very positive price. because disamo] pin bnb has a trusted market, bnb also has several programs that are very profitable for the holder

I also sold my BNB at $34 in the month of January 2021. My heart aches just like yours but I think it's not over until it is over. I found this topic interesting because I have been researching some projects lately and Standard protocol happens to be among them. After going through the project documents, I would say standard protocol have come to revolutionalize the stablecoin world and it's indeed a gem worths investing. The project announced it will be having it's IDO on polkastarter today and I will surely bag some STND tokens during IDO. I look forward to the best out of Standard protocol.

That means I'm luckier because I earned $ 70 and I still have it today.
To be honest I was tempted to sell some of it but I still hold on to it because of the good potential that BNB provides in the future.
As you said, burning is one of the reasons why BNB's price has gone up even more.

BNB continues to carve out new ATH throughout this year because some big news will come in the future such as the BNB burning which will be done this month.  I was a bit lucky because I had an entry of $100/1 BNB.  I still hold it until now, I believe BNB will reach $1000 this year.

BNB developers are more than serious lol, I'm pretty sure CZ behind the scene also pumping money to the BNB market therefore why the coin could go up so easily compared to other coins but only my assumption though and for BNB
to exceed current ETH price is definitely possible because they always do burning, even if not in the next year they will eventually. but what I like about binance is that they always trying to expand their services world wide making BNB
has more worth as the time goes. I just hope this coin have more utilization than just for staking or IEO through their platform.

Why do we have to wait for next year, see how BNB grew this year, it was just 37 usd last January 2021 and now already over $500... that's more than x10 increase of price, so if BNB will reach $1,000 and the market is still bullish, I think we don't need a next year to see a $2k or even surpass ETH.

But just after reaching that Top , automatically starts to fall down and now almost 100$ less from that ATH.

But Know what? you have a bright IDea in making a easy way of free advertising right ? you use this scenario of Binance increasing to feature your Company .

But Who cares about that Black Ocean?

I don't Give a damn instead i already collected my profit from binance 2 days ago.

If this year BNB has hit a record high then convince all BNB users that next year BNB will exceed the current Ethereum price. I think that will happen with Bnb because seeing the current development it seems as if the BNB developers are really serious in their technology.

What's Standard Protocol, someone says it's polkadot granted project. is it aswesome to be granted? any value behind it?

Finding the bottom and selling at the top is what people try, but it's luck. No trader in the world can really pin down the bottom or the top. Warren Buffet did value investing + he has dividend paying assets and is not dependent on value appreciation alone. That is kind of different compared to many of the crypto assets right now.

yes you're right, that's why BNB is so popular nowadays. Burn token and the increasing popularity of BSC are the main reasons why BNB is rising high. And it's not over yet, I see BNB hasn't shown that it's currently at the top.

Hopefully we will keep seeing support above 500$ levels. The retrace today was kinda big. Ofc it's not unexpected, prices can't keep going up forever. But I hope the momentum will sustain. We've got a flippening to conquer!!!

There are some here that says that they are holding for the long term but the fact remains the smart trading is always entering the market goes down and have the patience for the long term in terms of bitcoin and we are all aware that the market will rally after every halving and that should be the target rather than holding for infinite valuation.

When it comes to BNB, the inefficiencies of ETH forced developers to move to other chains and even if they copy everything and they are centralized people stopped caring about that once they are paying high transaction fees in ETH.

Not only did I not miss BNB, but I was also following the project you mentioned.

I have been following Standard Protocol for a long time. It’s the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate within the Polkadot ecosystem. The first and only Polkadot Web3 foundation granted project from Korea, with a global community growth approach.

I will keep an eye on it. You are welcome to share more info about it.

Not on other people's perspective. Remember Warren Buffet said. Just keep on buying when they are fearful and hold for long term. Now look where he is. One of the richest person in the whole world. Sometime depends on the strategy that we are working right. Buying at super low is fortunate and a good set of skill if he is finding the bottom and eventually sell at the top.

will probably come true. after all, bep20 and erc20 have similarities, and the ethereum network is still struggling due to high GAS fees. so BSC becomes an alternative choice for new projects. low cost and friendly enough to make BSC the best choice at this time. maybe if ethereum can't solve the problem, their platform will be abandoned and there will be a big wave turning to BNB.

BNB WILL BEAT ETH SOON in 2022

In retrospect it is easy to say the opposite because BNB was so strong all the time and unprecedented growth with the perfect business model. Yet it is another thing to have the guts and invest a lot of money. Now looking at the price I'd say it could be expected if you compare it to other coins.

It is a dream story when it comes to Binance. Started with just a few people and within months a billion dollar company. Really awesome and it happened in crypto, yay!

$ 1000 in BNB tokens seems like it will be very easy to achieve if the development continues and also the interest continues to increase over time, because I see that there are already several new projects using the Binance network which will also affect the price of BNB in the future.

I think that no one expected this. It's funny to see how people write here that they sold their BNBs for a much cheaper price than they could sell now, it is obvious that no one suspected that the crypto market would show itself from this side, or did someone suspect? It seems that most of those who write here include me had no idea about such an event. In any case, the market has taught us an excellent lesson from which the best we can do is draw the right conclusions.

Holding for too long also doesn't pay off. You shouldn't be hunting the highs and the lows all the time. That's risky, but holding onto something forever isn't the right strategy in most cases either. Not an easy game.

If the projects or coin you mentioned has no backing as large as BNB then just forget about it becoming the next BNB. the success of BNB itself thanks to binance that already has really good reputation among many people who uses cryptocurrency due to their services. If it's a new coin that has no community base, maybe they could catch up to BNB another decade which gonna be a really long time except they have many popular investors behind them.

but not the fact that there will be such growth as in BNB. I think that the binance token will reach $ 1000. In general, I expect this for 2 months.

Super rich indeed. I've seen your registration and you are an old member here. Means you really are a pioneer on investment and even the time when forum had only few members.

Holding isn't really my specialty but I'm trying my best to hold as much as I can.

Personally I'd be happy even if BNB found support at $500. It's a good price relative to how fast it went up. Many people are buying for momentum but I guess they'd have tight stop losses in the event of a retrace. Who knows... Really it's all too complicated but remember that ETH is also bringing updates this summer supposedly.

I remember it was 2000 ETH per BTC yes and you had to wait 15 months or so until the mainnet went live. 25 cents per ETH, calculate that ROI, but you need balls to hold all the way through right?

I understand the feeling you guys are expressing right now, it's surprising and looks depressed when such event happened, I bought BNB at $40 approximately 5bnb, I sold it at $140 and now I'm regretting. This happens to so many investors and not only one person alone , another user might have the same story to tell too.

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

The exchange tokens  $BNB all the way High

that's way I am looking for a new one  ， I do agree with urs .


both ur following looks AWESOME ，

To see is to believe  THUS to buy is to fly

So sad, I sold BNB at $110 
When $sushi to the moon, I have 3,000

I bought 10,000 BNB at $1.2 and sold it at $9, regarding it as one of my best investment moves. Literally, my heart is aching seeing its current price. Can someone tell me who is gonna be the next BNB? What projects are you following lately?

Here are some projects I have been following lately: Standard Protocol(https://standard.tech/) and Black Ocean( https://bo.market ).

Both teams are not bad and the investment portfolio are both good. I am waiting for their public sale and am seeing a 200%+ ROI. But some people said that bull market will end soon and it is not wise to invest any more.


How do you think? Do you think they will be profitable?


FYI，Black Ocean will launch IEO on gate.io to sell its FLy token on 15th April.