BNB is No. 4 (3RD NOW) - 4th/3rd/5th again - page 4.

tabas

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Quote from: Bttzed03 on February 19, 2021, 05:05:50 PM

Just by comparing the two, I felt more bullish on BNB Grin

That's $42 billion compared to $11 billion. There's still a lot of room to grow,

And not a surprise anymore if we get to see BNB will overcome the current locked in value in Ethereum. That's just how it goes. The advantage is always with the bigger investors or the whales that we call. But for those who have been with BNB before this bull run, you'll appreciate the project more this time.
Are there new BNB millionaires this time? we've got many Bitcoin and Ethereum millionaires though so it's kind a new achievement.

Sled

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The ethereum network is now severely congested. People are starting to trade with bsc right now and there are very fast transitions to bsc network. I think Binance will progress even better with bnb in this way. If ETH does not solve this fee issue, unfortunately, it will fall into very bad situations. It does not suit anyone to pay too much fees.

This should be a wake up call for them, otherwise they will loss investors and BNB will become their great competitor, and looking at Binance, they have a great advantage as they own an exchange that people trusted, so let's see what's gonna happen moving forward.

Ridwan Fauzi

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I have told many times about the coin that has a good function or real function will be much choosed by most people. As we now, BNB is binance exchange coin that has been trusted by most people who own crypto currency. Yeah, think 55% crypto user will store and trade in binance exchange.

This is why that will make binance coin can growth and even taking the third place on the top crypto curreny price/market cap. To be honest, when ETH is increasing a lot and its impact to the fee per transaction I never use ETH blockchain anymore to sending my asset. I only use binance smart chain that still has a low fee transaction and also fast to proccess one transaction.

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Quote from: Tipstar on February 19, 2021, 05:12:28 PM

Quote from: Bttzed03 on February 19, 2021, 05:05:50 PM

^ As you can see, there was a tiny drop in TVL the past days. Those who moved to BSC are probably shark traders/investors while whales remained at Ethereum.

This is just the start. As people starts realizing BSC is a better network that gets the job done, they'd keep moving to it. As BNB is now being seen as the direct competitor to ETH, it also depends on how ETH moves. The slower and costly the ETH network is, the faster would BNB grow.

now, this is a challenge for eth to move faster with their eth 2.0. otherwise, they will be left behind by the BSC network. binance is very aggressive with what they are developing and they are delivering it to the community.
now, waiting when will eth network will make a very good announcement to the community. but right now, BSC is gaining attention and maybe some developers are already building their projects under this network, which is not surprising at all.

Tipstar

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Quote from: Bttzed03 on February 19, 2021, 05:05:50 PM

^ As you can see, there was a tiny drop in TVL the past days. Those who moved to BSC are probably shark traders/investors while whales remained at Ethereum.

This is just the start. As people starts realizing BSC is a better network that gets the job done, they'd keep moving to it. As BNB is now being seen as the direct competitor to ETH, it also depends on how ETH moves. The slower and costly the ETH network is, the faster would BNB grow.

Bttzed03

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For those who are still curious to the recent price surge, you can take a look at the Total Value Locked (TVL) in BSC's Defi ecosystem

source
^ Not that It needs to be said but you need BNB to use BSC Grin

Now, let's take a look at Ethereum's Defi ecosystem

Locked ETH - 7.74 Million (from 7.79 in the last 10D)
Locked BTC/WBTC - 48.8K (from 52.2K in the last 10D)

source

^ As you can see, there was a tiny drop in TVL the past days. Those who moved to BSC are probably shark traders/investors while whales remained at Ethereum.

Just by comparing the two, I felt more bullish on BNB Grin

That's $42 billion compared to $11 billion. There's still a lot of room to grow,

ancafe

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no wonder BNB reached this point. I honestly really believe that BNB can reach this point, and I also believe that the best coin after ethereum is currently BNB. however, the developments will continue to this day. in fact, the last time I saw it, the current BNB increase was $ 327 from $ 300. I suspect development could be over $ 350.

tvplus006

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Quote from: Kasabus on February 19, 2021, 04:14:23 PM

For me I $100 is quite max price already, but here we are now, just reach $200 and now already at $300.
As I search on some news, there's no Elon Musk in relation to the pump of BNB, it just happened because BNB is a popular coin of the most popular exchange.

The BNB coin became popular not yesterday and not today, but it was during these last 2 days that the value of the coin increased by 200%. There hasn't been any positive news about this coin in recent days, so I don't understand this incredible rise in the price of BNB. Perhaps this price increase is due to the growing popularity of Binance Smart Chain.

Kasabus

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Quote from: m2017 on February 19, 2021, 01:55:28 PM

Did Mask tweet about BNB?

You mean musk?

Quote from: m2017 on February 19, 2021, 01:55:28 PM

What a sudden jump in prices for this coin. It's amazing. What predictions can you make on BNB before the end of the alt-season or bullrun? 500$? 1000$?
If BNB is not transfered from ETH address into BNB mainnet, are they irretrievably lost?

For me I $100 is quite max price already, but here we are now, just reach $200 and now already at $300.
As I search on some news, there's no Elon Musk in relation to the pump of BNB, it just happened because BNB is a popular coin of the most popular exchange.

silverston

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Quote from: Bttzed03 on February 18, 2021, 09:17:17 PM

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.

^ Checking the price reminded me of the time I sold my BNBs at $45 Grin

(taken from CoinGecko)

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

You can use Metamask to access DEXes and DAPPs on BSC (Tutorial). Gas fees only at 10 Gwei.

Considering how much Coinbase was estimated at, Binance still has the potential to grow several times! Another question is that the network sometimes cannot withstand the load and does not work. If there is a load like on Ethereum, then everything will definitely freeze ...

m2017

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Did Mask tweet about BNB?

What a sudden jump in prices for this coin. It's amazing. What predictions can you make on BNB before the end of the alt-season or bullrun? 500$? 1000$?
If BNB is not transfered from ETH address into BNB mainnet, are they irretrievably lost?

SaShiRaJaVu

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Quote from: Bttzed03 on February 18, 2021, 09:17:17 PM

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.

All the credits goes to ETH and its higher transaction charges and many users are tired of paying huge amount of money for every transaction but the sad part is that i was holding a few coins in the past and i sold when it crossed around $140 and i did not expect the price keeping on rallying and it looks like we will see further rally. With these changes i would like to see ETH going down Grin

.

fulled

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I believe BNB will grow, but today price is still beyond my prediction, what CZ doing for developing BNB is amazing, and i think Binance and BNB will grow more and more in future

Lagduf

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Quote from: slaman29 on February 19, 2021, 07:03:15 AM

Surely this all has to crash sooner or later? If BNB was expensive, it's now totally overrated I would say.

I don't think so. Binance has been building very good fundamental since a long time ago started from its successful centralized exchange site that makes a lot of profit for the binance company. Binance was also doing various expansion like investing in FTX, Jex and many more new platforms that have been getting funded by binance.
That's why it's quite difficult for BNB to crash again. it will remain stable

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Quote from: Bttzed03 on February 18, 2021, 09:17:17 PM

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.

^ Checking the price reminded me of the time I sold my BNBs at $45 Grin

(taken from CoinGecko)

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

You can use Metamask to access DEXes and DAPPs on BSC (Tutorial). Gas fees only at 10 Gwei.

That is indeed amazing performance from bnb coin and it has really shocked many bnb critics because no one expected that its value will increase so quickly. Looks like bnb will continue with the bullish momentum and can lead the market with the big movement.

michellee

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It is a surprise to me as BNB can beat USDT, DOT, and ADA, especially XRP, which is high. But now, we already saw what BNB did, and that coin is in the 3rd position. I am happy to see this and I already sold some BNB that I hold from a long time ago, and I still have more BNB that will wait for the next high price. I am sure that the price can increase more than today, but we need to calm down and wait for more. BNB will increase more in the next weeks.

cryptoperkele

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I am guessing that this is happening because Uniswap users are running to Pancakeswap. If ETH doesn't scale quickly this could really hurt them in terms of Uniswap adoption.

ameliana

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yes, surprise came to the BNB coin. I also didn't think that BNB can pump more than the previous price and has even taken over the DOT position according to CMC market cap. and it looks like BNB is really ethereum's toughest competitor. Since the cost of eth gas is expensive, investors are now turning to investing BNB or making transactions using the BSC platform.

Gorosden

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BNB has every reason to grow higher in value because the token belongs to binance exchange and as a matter of fact presently there is no any other exchange that is far better than binance exchange, their customer services is very good and can't be compared to any other exchanges, now I'm expecting $300 more per BNB token, the project deserves it

semobo

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Binance smart chain is causing the price to bump hard in the last 24 hours, no one expected BNB to reach 3rd position in the marketcap and this is sign of centralization adoption in the cryptocurrency market. BNB is helpful for reducing the fees but which isn't enough to make as one of the best cryptocurrency.

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