bnb is a very strong coin in this market. The price increases it has made is an indicator of this. There are a lot of fans in the market, millions of people already using binance. that is, there are no people who do not know about bnb. A coin that is known and trusted by everyone. but the fact that it is a central coin makes it different. nevertheless bnb will be much more expensive.
Yes, but on the other hand, everyone can also see that BTC and ETH are also much better and even now the price of ETH is still increasing even though BNB has also experienced the same thing, so besides BNB, which has been widely trusted by people in crypto, on the other hand they also like ETH and BTC. 
Topic: BNB still undervalue (Read 1518 times)
LOL.. this thread was created two weeks ago, and back then the BNB exchange rate was $272 per coin. As per Coinmarketcap, the latest exchange rate is $576 per coin, which represents a 111% increase in a span of just two weeks.
Exactly, and guess what let's take a look between those loop weeks/days from the BNB exchange rate of $272 per coin to $576 per coin, Binance truly expands its market exchange rate and from its $576 value it is not undervalued. Though I am expecting that Binance will going to soar high than it was today because BSC was the most used blockchain, Binance project itself was been known by many so I am expecting for another ATH, and having a value of $600 was almost been reached by BNB last night.
Last day BNB back to burn more supply coin and I think best way how to make BNB keep going on to higher price, but still not any impact with price because when burning time last day bitcoin have correction price, just waiting after bitcoin back to higher price BNB keep touch all time high again and many new update from CZ as BNB owner how to make BNB will have the same price with ETH.
As Bitcoin bleeding altcoins also bleeding where Binance coin also another part. Binance coins can't be undervalued coins. Binance coin is making a short time history where some altcoins are still sleeping. Binance coins will surpass 2k or 3k USD where others altcoins could surpass 10-20 times USD. Although NFT will be another big market for Binance coins.
bnb is a very strong coin in this market. The price increases it has made is an indicator of this. There are a lot of fans in the market, millions of people already using binance. that is, there are no people who do not know about bnb. A coin that is known and trusted by everyone. but the fact that it is a central coin makes it different. nevertheless bnb will be much more expensive.
Entering the year 2021 Binance coins are moving very fast, With certain fluctuations, BNB may hit $500 by the end of 2021. This price could have increased if the company announced new improvements. Especially recently CZ made a tweet that made some investors vying for binance coin. Yeah, Binance immediately burned their coins this April, and this is the 15th burning done since Binance hit the market.
After burning is done, BNB supply will decrease from before. This might be a good investment, BNB might hit $1000 in the future.
After burning is done, BNB supply will decrease from before. This might be a good investment, BNB might hit $1000 in the future.
Wow, $1K per BNB sounds great. Perhaps, if another bunch of these coins burns down, we will see such a price even in 2021.
Over the years, the Binance team has been building their own blockchain, but users have not been satisfied with its technology and integrity. These applications were not convenient enough for trading tokens, so BNB did not attract investors. As soon as the Binance company launched the Ethereum-based blockchain, the situation in the global cryptocurrency market changed drastically. The main reason for the success of Binance Smart Chain is that they used the already developed and improved infrastructure with dApps and DeFi and added a huge amount of fiat liquidity.
There is no doubt that in summer of 2020, the Binance team made the right decision, which is why BNB took off to the moon. I totally agree with the OP, it's still undervalued.
If BNB is underestimated, from which side do you think BNB is underestimated?
I have noticed so far in the movement of BNB in every market that BNB is always leading other coins in every volume. and even Bnb until now the price continues to rise in a more fantastic direction. how and who would underestimate the Bnb?
I have noticed so far in the movement of BNB in every market that BNB is always leading other coins in every volume. and even Bnb until now the price continues to rise in a more fantastic direction. how and who would underestimate the Bnb?
Last day BNB back to burn more supply coin and I think best way how to make BNB keep going on to higher price, but still not any impact with price because when burning time last day bitcoin have correction price, just waiting after bitcoin back to higher price BNB keep touch all time high again and many new update from CZ as BNB owner how to make BNB will have the same price with ETH.
Yes, in general CZ has made a very good effort to increase the price of BNB this year and the result is also very clear that BNB is getting stronger day by day even when there was a correction in Bitcoin, BNB did not experience a deep decline in the market. As per my view , Still bnb more potential. now go around 270-300$ per coin. Today announced a new IEO. I think In the end of April 600$ per coin is more viable.
- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular
So what you all think about this?
- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular
So what you all think about this?
I missed all of this. I'm disappointed to have let go of BNB at such a low price and hefty sums. If you can maintain the BNB to date, then you are already a billionaire. BNB is now the main choice of new projects, with the presence of Binance Chain, and Binance Smart Chain. This is something extraordinary.I missed all of this. I'm disappointed to have let go of BNB at such a low price and hefty sums. If you can maintain the BNB to date, then you are already a billionaire. BNB is now the main choice of new projects, with the presence of Binance Chain, and Binance Smart Chain. This is something extraordinary.
LOL.. this thread was created two weeks ago, and back then the BNB exchange rate was $272 per coin. As per Coinmarketcap, the latest exchange rate is $576 per coin, which represents a 111% increase in a span of just two weeks.
Exactly, and guess what let's take a look between those loop weeks/days from the BNB exchange rate of $272 per coin to $576 per coin, Binance truly expands its market exchange rate and from its $576 value it is not undervalued. Though I am expecting that Binance will going to soar high than it was today because BSC was the most used blockchain, Binance project itself was been known by many so I am expecting for another ATH, and having a value of $600 was almost been reached by BNB last night.
Your prediction that BNB will be at a price of 600 $ at the end of April is almost right, and in my opinion, BNB can penetrate 600 $ and even continue to rise throughout this year, because indeed BNB is far superior to ETH in my opinion, so the potential for BNB to go up is still very large
BNB break out again and I think have new launchpad coin the next month because price raise more than 10%, still have chance if you buy now and see BNB have higher price maybe after seven days of launchpad coming. You know how many time BNB launchpad always success collected and get million BNB and become way for BNB touch all time high.
As it is an exaggerated value, it will be pulled back months or years after the fact. The crypto market can characterize the overbought definition that can be totally different than in financial exchange. Binance brilliant chain which can influence the cost as needs be the way individuals lots to it. In any case, as I would see it the cost will in any case increment in the long haul since now Binance set up themselves and furthermore bringing parcel of new turns of events.
Everything will depend on whether the BSC network holds its place or not. If the Commissions in the Ethereum network fall to a minimum, which is quite likely, then there are risks that the BSC will no longer be so attractive.
However, I am sure that CZ Binance has its own plan in this regard, so I absolutely bet on BNB.
But at the current price, I guess its already overvalued because of the bull run and we should be careful with that especially if we are just aiming for short term investment. For long term, obviously its undervalued as BNB could compete with ETH in the long run but I would not ride at the FOMO, wait for the right timing to accumulate if you are a new investor. Problem is, with the FOMO, everyone is riding at a bad timing.
What do you say now? A long-awaited correction took place, but the price has already managed to recover. I cannot say that there is overbought.
However, Ethereum got back on its feet after the update, and now it cannot be argued that the BSC will be able to beat it in the competition. In my opinion, Tron with almost free transactions looks much more attractive.
It's not only base on the fee but on the overall development of a certain project or coin. Comparing TRON and BNB, I guess BNB have already gone too far and it's already way ahead in the competition, people use BNB not only because of the BSC but also because it's a good investment, particularly its popularity is attached to its exchange which is currently the number 1.
As it is an exaggerated value, it will be pulled back months or years after the fact. The crypto market can characterize the overbought definition that can be totally different than in financial exchange. Binance brilliant chain which can influence the cost as needs be the way individuals lots to it. In any case, as I would see it the cost will in any case increment in the long haul since now Binance set up themselves and furthermore bringing parcel of new turns of events.
Everything will depend on whether the BSC network holds its place or not. If the Commissions in the Ethereum network fall to a minimum, which is quite likely, then there are risks that the BSC will no longer be so attractive.
However, I am sure that CZ Binance has its own plan in this regard, so I absolutely bet on BNB.
But at the current price, I guess its already overvalued because of the bull run and we should be careful with that especially if we are just aiming for short term investment. For long term, obviously its undervalued as BNB could compete with ETH in the long run but I would not ride at the FOMO, wait for the right timing to accumulate if you are a new investor. Problem is, with the FOMO, everyone is riding at a bad timing.
What do you say now? A long-awaited correction took place, but the price has already managed to recover. I cannot say that there is overbought.
However, Ethereum got back on its feet after the update, and now it cannot be argued that the BSC will be able to beat it in the competition. In my opinion, Tron with almost free transactions looks much more attractive.
Last day BNB back to burn more supply coin and I think best way how to make BNB keep going on to higher price, but still not any impact with price because when burning time last day bitcoin have correction price, just waiting after bitcoin back to higher price BNB keep touch all time high again and many new update from CZ as BNB owner how to make BNB will have the same price with ETH.
Personally, I think BNB is a very promising coin that will bring great benefits to its users. At the moment, the coin is gaining momentum and is already becoming very famous for its price increase. So all that remains is to watch this coin and profit from the rise in price.
BNB is work in progress I would say. As for now it is hard to tell. It is quite a high price right now, but maybe it is justified given their overall performance. Heavily investing in R&D as well. BNB is a good bet.
BNB cannot be underestimated by anyone, Binance Coin (BNB) is the best crypto asset after Ethereum and BNB is also in the top 10 cryptocurrencies with the largest market capitalization.
besides that, BNB also has quite rapid price developments, which is why nowadays there are so many who want to invest in BNB
That's right, and don't forget that the BNB increase at this time also has an effect from the TKO Token Launchpad on the Tokocrypto exchange, so that the number of BNB token purchases has increased sharply which can also have an effect on price increases, because when everyone knows there will be Launchpad, which is still owning BNB will sell at a great price.besides that, BNB also has quite rapid price developments, which is why nowadays there are so many who want to invest in BNB
Yes, that is true of what you say, but keep in mind that the fast increase in the price of BNB cannot be separated from the support of many investors and the seriousness of BNB developers to fully support the technology being developed. it seems that are some of the reasons in my opinion the current BNB price movement.
BNB cannot be underestimated by anyone, Binance Coin (BNB) is the best crypto asset after Ethereum and BNB is also in the top 10 cryptocurrencies with the largest market capitalization.
besides that, BNB also has quite rapid price developments, which is why nowadays there are so many who want to invest in BNB
That's right, and don't forget that the BNB increase at this time also has an effect from the TKO Token Launchpad on the Tokocrypto exchange, so that the number of BNB token purchases has increased sharply which can also have an effect on price increases, because when everyone knows there will be Launchpad, which is still owning BNB will sell at a great price.besides that, BNB also has quite rapid price developments, which is why nowadays there are so many who want to invest in BNB
very true to what you say, besides that bnb is also known as a currency that is growing rapidly and provides convenience to all holders. Therefore BNB is in great demand and is a high-priced digital currency
As it is an exaggerated value, it will be pulled back months or years after the fact. The crypto market can characterize the overbought definition that can be totally different than in financial exchange. Binance brilliant chain which can influence the cost as needs be the way individuals lots to it. In any case, as I would see it the cost will in any case increment in the long haul since now Binance set up themselves and furthermore bringing parcel of new turns of events.
Everything will depend on whether the BSC network holds its place or not. If the Commissions in the Ethereum network fall to a minimum, which is quite likely, then there are risks that the BSC will no longer be so attractive.
However, I am sure that CZ Binance has its own plan in this regard, so I absolutely bet on BNB.
But at the current price, I guess its already overvalued because of the bull run and we should be careful with that especially if we are just aiming for short term investment. For long term, obviously its undervalued as BNB could compete with ETH in the long run but I would not ride at the FOMO, wait for the right timing to accumulate if you are a new investor. Problem is, with the FOMO, everyone is riding at a bad timing.
I agree with you, and in some way we have already seen the BNB correction now, which does not look so scary. Now everything will depend on the further movement of the market, as we can see bitcoin went up and all other altcoins fell slightly in price. But as a whole, BNB show fairly good stability in the current correction. In my opinion, now many people are afraid to invest in BNB due to fears of further correction, however, it is far from necessary that we will see worse than what has already happened.
LOL.. this thread was created two weeks ago, and back then the BNB exchange rate was $272 per coin. As per Coinmarketcap, the latest exchange rate is $576 per coin, which represents a 111% increase in a span of just two weeks. There is no doubt that most of this bull run can be attributed to the upcoming listing of Coinbase in NASDAQ. Now the question is what will happen to BNB, in case the Coinbase listing flops. Also, the 15th BNB burn event is very near. That also could have had its impact.
Jump to: