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Topic: If BNB will reach $500, what's next? - page 4. (Read 810 times)

sr. member
Activity: 1292
Merit: 294
''Vincit qui se vincit''
April 12, 2021, 07:04:35 AM
#55
BNB reached a new ATH, congratulations to you all hodlers of bnb!
Next is $1000.

For me BNB is not an eth killer and both of them need each others for projects to inter-operate differently in both blockchain environment.
full member
Activity: 2002
Merit: 175
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April 12, 2021, 06:56:41 AM
#54
BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
Easy Answer and already happening .

What's that??  of course Reaching 600$ then 700$ then 800 and up to 1k usd?

Well actually BNB now is around $558 and most likely it could even reach more than that. I’ve also read this’ll be an “ETH killer” and could take over ETH too, maybe it’ll even reach $1k before the next coin burn.

Actually it had reached 637$ today and not 558.
legendary
Activity: 2674
Merit: 1226
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April 12, 2021, 06:37:14 AM
#53
Before talking about the BNB you should note that it's a native coin of the Binance exchange. There is the use of BNB like pay trading fees, pay the listing fee and buy Launchpad which is leading to bumping prices. Binance always will try to manipulate the BNB price, because they are one of the reputed exchanges in the crypto world. Binance wouldn't see dump their native coins.

BNB has actually grown in price now not because of their utility for trading fees and listing and what not but because it is the gas needed to pay for transactions on Binance Smart Chain. This is the same way ETH is used for Defi and Dapps, now BNB is doing the same for all those projects and dapps on BSC like pancakeswap.
legendary
Activity: 2548
Merit: 1519
April 12, 2021, 06:05:39 AM
#52
It's obvious, next target will be 600, then 700, 800, 1000 and 2000. Until it reaches and passes ETH there will be bigger price targets. We just don't know when.
Nobody want to pay ridiculous amount of fees anymore. You can do 200 transactions in BSC or 1 transaction in ETH, choose wisely.

BNB passed 600$ and made new ATH at 638$.

Some people took profit and its long term trend is still going on. I wonder if it reaches ETH marketcap before burn, there is still plenty of time this month.
hero member
Activity: 2604
Merit: 816
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April 12, 2021, 05:11:41 AM
#51
Well actually BNB now is around $558 and most likely it could even reach more than that. I’ve also read this’ll be an “ETH killer” and could take over ETH too, maybe it’ll even reach $1k before the next coin burn.
And now, BNB reaches $604 and continues to rise. BSC gets a good place for many projects based on ethereum, and I think it can be a good choice for them to use BSC because they can reduce the fees. BNB will have a big potential to reach $1k soon and maybe that can happen this month or next month because BSC already solves the transaction fees for many projects. Besides that, this month, BNB will be burning and it will reduce the supply if I am not mistaken, so that can make the price increase more than now.
hero member
Activity: 2562
Merit: 577
April 12, 2021, 04:37:05 AM
#50
Well actually BNB now is around $558 and most likely it could even reach more than that. I’ve also read this’ll be an “ETH killer” and could take over ETH too, maybe it’ll even reach $1k before the next coin burn.

Most likely bnb will hit $1000 before year end, and as for being an 'eth killer' i don't think so, i believe this ecosystem is big enough for both binancesmartchain, ethereum, polkadot, cardano, tronix or any other network to strive successfully, it is about finding the best service that suit your needs as a developer or as a firm, institution or what have you,
It is always good to have a competitive market, this way there won't be monoply of any particular project, with so many network to choose from, it is upto the owners to work hard to make their network stand out and attract more users.
sr. member
Activity: 812
Merit: 253
April 12, 2021, 02:35:52 AM
#49
Well actually BNB now is around $558 and most likely it could even reach more than that. I’ve also read this’ll be an “ETH killer” and could take over ETH too, maybe it’ll even reach $1k before the next coin burn.
full member
Activity: 757
Merit: 101
April 12, 2021, 02:26:57 AM
#48
Currently, BNB is growing rapidly, and is unstoppable, where from a time to a time the demand for BNB is increasing, I am sure that one the day BNB will match the achievement of the etherem as altcoin that is ranked the second highest altcoin in CMC, if BNB has reached $500 then the following targets it is $1000,
member
Activity: 658
Merit: 10
April 11, 2021, 09:23:19 PM
#47
Today is the day, finally BNB can hit the peak, as per today BNB's price already hit $500+, to be exact $519.44.
this is a really great achievement from BNB, i think the main reason is because everyone invested their money in Binance Exchange, not only that, the hype is still going on and so many people bought BNB and hold if for a quite long time, because i still remember i bought my first BNB when the price is still $216. what a great development from Binance Team.
hero member
Activity: 2184
Merit: 513
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April 11, 2021, 07:28:55 PM
#46
I am sure that at this level BNB will not linger, a year ago I could not imagine the price of $ 200 and today it is already $ 500 so there is no limit to this coin, we are waiting for new ATH.
When people are seeing BNB from the fundamental and they will know why BNB can reach such rate.
There are lots of reason and CZ is a businessman guy and he knows what should be added to be the utility usage for binance coin.

Burn, launch pad, launch pool, discount fees, and many more features were making binance coin goes to the moon now. 1k is a real thing soon.
legendary
Activity: 3108
Merit: 1138
April 11, 2021, 07:27:16 PM
#45
I don't want to add exchange coins to the altcoin portfolio and it is not going to hit $1k hit per BNB soon. Maybe in 1 year, the price target looks reasonable but for the short term I dunno it will happen IMHO. Btw, missed the latest rally on BNB while the price was below $300 and I still regret not investing it.
We do always have regret when i do look BNB was still below $200- price which i have thought that it was already the peak but as usual where im wrong again with that presumption.
BNB hitting $500 is a great thing for those who had able to buy when its still cheap but i dont see for it to reach $1000 that fast.Its not bad to be optimistic but dont
anticipate much because it would just frustrate you and same as yours im not really holding that much for some exchange tokens.
legendary
Activity: 2772
Merit: 1028
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April 11, 2021, 04:59:09 PM
#44
I don't want to add exchange coins to the altcoin portfolio and it is not going to hit $1k hit per BNB soon. Maybe in 1 year, the price target looks reasonable but for the short term I dunno it will happen IMHO. Btw, missed the latest rally on BNB while the price was below $300 and I still regret not investing it. $500 is big jump considering the price was below $200 price stage few weeks ago, now it can climb up to $700 if the market circumstances let the altcoins for new rally.
legendary
Activity: 2282
Merit: 1023
April 11, 2021, 03:50:06 PM
#43
I am sure that at this level BNB will not linger, a year ago I could not imagine the price of $ 200 and today it is already $ 500 so there is no limit to this coin, we are waiting for new ATH.
I would not believe that a week before the rally started, i was converting some coins and was withdrawing coins through Binance because of the lower fees and i had around 50 BNB and the price was well below $15 and now it is around $500 is mind boggling and if was patient enough to hold a week longer i would have benefited from the rally but unfortunately i was not thinking about it when i sold  Embarrassed.
member
Activity: 896
Merit: 17
April 11, 2021, 03:04:19 PM
#42
I am sure that at this level BNB will not linger, a year ago I could not imagine the price of $ 200 and today it is already $ 500 so there is no limit to this coin, we are waiting for new ATH.
sr. member
Activity: 1428
Merit: 275
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April 11, 2021, 01:31:55 PM
#41
I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

As long as binance create more oppertunity for BNB hodlers, it'll continue the bullish rally and it can be the best rival of ETH. Also, sooner or later BNB will get into rank two if it's continued the bullish rally and eth get more correction with small bounce back.

What do you think are the reasons for this pump?

BNB increased a lot whenever it's going to do an IEO for new projects as participants need to stake bnb in order to get allocation. Also, yield farming is introduced by binance through launchpool where most of the allocation goes for the BNB staking. So, BNB started its bullish rally when TKO IEO was started and there will be a quarterly burn event in the upcoming months which help BNB to maintain the bullish rally to target for $750 or even $1000, IMO.
legendary
Activity: 2240
Merit: 2174
Signature Space For Rent
April 11, 2021, 01:30:59 PM
#40
Before talking about the BNB you should note that it's a native coin of the Binance exchange. There is the use of BNB like pay trading fees, pay the listing fee and buy Launchpad which is leading to bumping prices. Binance always will try to manipulate the BNB price, because they are one of the reputed exchanges in the crypto world. Binance wouldn't see dump their native coins.

Achieve $500 for BNB in just a matter of time. But most likely it doesn't mean it can overtake ETH in value. Keep in mind the value and the price isn't the same things. Still, now there is huge community support for ETH, so it wouldn't easy to overtake. But eventually, we know everything would happen in crypto, I just express my opinion.
copper member
Activity: 44
Merit: 1
April 11, 2021, 12:48:44 PM
#39
BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
ETH does not seem to really solve the serious problem of transaction fees because GAS is quite high, people are switching to binance smart chain networks that are cheaper to do transactions even many large projects from ETH networks move to BSC networks, for example 1iNCH also has a network in the BSC maybe UNiswap as the biggest contributor to transactions on the ETH network also has a network at BSC, I think it will look interesting, people think the BNB price will touch above $ 1000
sr. member
Activity: 1988
Merit: 283
April 11, 2021, 10:44:13 AM
#38
The reason behind of this full swing of alts especially top altcoin in CMC, its because bitcoin dominance gradually decreasing after reaching the new ATH price in the market,  actually this always happened, wherein even before since alt season usually take over after bitcoin making good progress or break new ATH price. And its very rare to see that, both BTC and alternative coin will do the same performance in the market especially top altcoin as they have different seasonality.
And base on your title. Well if you will make a TA in the market (BNB) you will see there's actually a fluctuation, and it's now below $500. But since alt season still not end, probably there's still a chance it will make new correction again on my opinion.
hero member
Activity: 2240
Merit: 953
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April 11, 2021, 08:54:49 AM
#37
Good news for BNB holders and to give more confidence to collect more BNB. We are very enthusiastic about welcoming BNB, which will soon join ETH. There is no mistaking it with the burning that continues to be carried out, so it is possible that this year we will witness a significant increase. So, there's still time to get hold of BNB, before it jumps to $ 500 or even more. Gradually BNB will be at the most ideal stage.

Probably. But let us see first. Right now struggling to maintain strength above $500 as it is still hovering but this could be because BTC itself is having problems to overcome 60k.

I think we need to wait for more BTC to lock itself on Binance Smart Chain first before we see a next milestone for price gain.

Not a fan by the way,,, just watching;)
hero member
Activity: 2716
Merit: 904
April 11, 2021, 08:14:54 AM
#36
The only thing that holding it back though, the fact that it's centralized, it could go south like anytime.

Honestly, this is one of the main concern, for centralized coin in a decentralized space to succeed does not make sense, maybe BNB are just overvalued at the moment and ETH would really pump more than BNB can are doing once their ETH 2.0 is successfully launch. People have been talking about it that it will resolve the high fees problem, but until now it's not yet fully implemented, but still good for ETH as its stable and it has also pump in this bull run period.
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