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Topic: Will BNB become the king of all coins - page 3. (Read 23788 times)

member
Activity: 568
Merit: 18
Chainjoes.com
December 23, 2021, 03:41:44 PM
As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?

the king of all coins is Bitcoin. but if you mention the king of all ALTCOINs then I say yes. because bitcoin no one can compete. however Ethereum can still be rivaled by Binance at this time. we can see the current popularity of Bnb which is getting more and more enthusiasts and users of the Binance smart chain. and binance has such a large volume that it has a chance to become the king of all altcoins. 1 level below bitcoin.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
December 22, 2021, 08:02:24 AM
Nope! Ethereum ETH is already the king of altcoins then followed by the Binance coin BNB. A lot of new projects still believe Ethereum is their best option for launching their projects because the Ethereum blockchain is more secure, decentralized, and has a bigger community, user base than Binance coin.
Actually, if we look at the scale, ETH and BNB are almost the same size, it's just that in terms of volume, ETH is still much larger than BNB, so ETH can still be the leader of all Altcoins by being second after Bitcoin, so it's not only about safer and decentralized only that is in ETH but also because of the power that has become a trust for ETH.
full member
Activity: 694
Merit: 108
santacoin.io
December 20, 2021, 07:44:56 PM
Personally I expect that at some point BSC will lose its leadership as the best EVM blockchain and if you look at https://defillama.com/chains you can see how BSC has only been losing TVL since March.
Also don't forget that the network has recently worked poorly and it's far from the fact that this wont happen again.
I agree with your point. In fact, BNB as well as Solana are experiencing major network congestion problems, they have traded off (most block confirmations) the nature of security to increase performance.vLower block confirmation means it will be more centralized, which is a big vulnerability for users.
I think that BNB might not be able to keep the top 3 in the market if a bigger boom and L2 roles are becoming more and more important like Avax or Polygon. Any compatibility has to be implemented, which is a higher level of competition for user preferences and needs. 2022, could be the big game in Web3...
Nope! Ethereum ETH is already the king of altcoins then followed by the Binance coin BNB. A lot of new projects still believe Ethereum is their best option for launching their projects because the Ethereum blockchain is more secure, decentralized, and has a bigger community, user base than Binance coin.
full member
Activity: 378
Merit: 167
betfury
December 20, 2021, 07:34:42 PM
You say your prediction is correct, in the future that (he is BNB) will be the king of coins, will you be affected if there is news that every second happens / is informed as the main reference in the analysis? In my opinion altcoins are still altcoins.
but big transactions and any coin/token I think so in terms of popularity/hype,

although not shifting as the throne, the king is still only 1.(btc)

how does bsc have anything in common with the king?
full member
Activity: 1372
Merit: 110
December 20, 2021, 07:29:02 PM
I think BNB will never be the king of all coins. But it may become the king of altcoins. However, its current growth must be maintained. The main reason for the popularity of BNB is Binance Smart Chain. At present BSC has also a competitor and that is Polygon Network.
jr. member
Activity: 1162
Merit: 7
December 20, 2021, 07:12:35 PM
BNB specifically gained attention and popularity due to the Binance Smart Chain (BSC). Being the preferred alternative to the Ethereum high gas fees, BNB gained wide acceptance. Most new tokens nowadays exist on BSC contract.  Though BNB is waxing strong, it is still behind Bitcoin in terms of acceptance and popularity. Bitcoin paved way for the cryptocurrency world. At coinmarketcap, a fall or rise in price of Bitcoin, have away of inflencing the price of other coins/tokens. It will really take time for BNB to measure up to Bitcoin. Bitcoin is the king of all crypto. Other coins are called Altcoins.
jr. member
Activity: 382
Merit: 1
December 19, 2021, 09:09:58 AM
The market until now was controlled by the so-called bitcoin, because bitcoin is a decentralized digital currency and a lot of market influence when the bears and bulls came, the BNB coin was only used by many people or companies to exchange their tokens because the gas fee was relatively cheap. So btc is one of the kings of the market influencing the rise/fall in the value of all altcoins in the crypto market.
            
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 18, 2021, 05:24:10 PM
........ so it is highly unlikely that BNB will surpass the popularity of bitcoin and binance.
BNB is a Binance coin, why would it surpass itself?

If BNB will surpass some coin, that would be ETH but definitely not bitcoin as bitcoin will always be the king of crypto and it will control the entire market with a very high dominant rate, currently at 40% overall.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
December 18, 2021, 11:22:05 AM
May be what therevis some competitor which will try to be  king. Avax is good competitor of Bsc and proof himself in bear market and now in no 9 position.
Similary Sol and Matic also doing good job.
If Bsc network improve and bring something big in metaverse and Web 3.0 then no one can  stop it from being a king of crypto.
jr. member
Activity: 111
Merit: 1
December 18, 2021, 10:23:36 AM
Yes may b this is possible because this is exchange coin and also many projects build on this in future if exchange become more popular then bnb pump too much
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
December 17, 2021, 11:46:23 PM
Since the first cryptocurrency, the king of Coin is Bitcoin while others are just altcoins, another term for coin associations that exist in crypto, BNB is now a centralized altcoin in exchange or delivery with low fees and has a network of binance smart chain(bsc) so BNB it will never happen to be the King of all coins BNB forever remains the position as an altcoin.

I very much agree with you, and seeing that NFT games have dropped greatly, I see that many projects do not have the same luck or the same success rate that they had a few months ago, and it is because of the same devs, and If we take into account that the fewer projects through the BSC network, the lower the price of BNB will be, and as for being the King, for me the King will also be BTC, because if BTC goes down as we are at the moment, all altcoins They will drop in price without hesitation, it is a consequence that BNB and another currency other than BTC is and will always have that condition of depending on BTC directly or indirectly.
sr. member
Activity: 533
Merit: 250
December 17, 2021, 03:20:12 PM
BNB is one of the altcoins that has good potential and prospects in crypto, so its popularity is increasing from time to time, and many crypto users love this altcoin, but I never thought that binance would be the king in crypto, because currently dominance BTC and ETH are much higher than binance, so it is highly unlikely that BNB will surpass the popularity of bitcoin and binance.
full member
Activity: 784
Merit: 108
December 17, 2021, 01:58:18 PM
Personally I expect that at some point BSC will lose its leadership as the best EVM blockchain and if you look at https://defillama.com/chains you can see how BSC has only been losing TVL since March.
Also don't forget that the network has recently worked poorly and it's far from the fact that this wont happen again.
I agree with your point. In fact, BNB as well as Solana are experiencing major network congestion problems, they have traded off (most block confirmations) the nature of security to increase performance.vLower block confirmation means it will be more centralized, which is a big vulnerability for users.
I think that BNB might not be able to keep the top 3 in the market if a bigger boom and L2 roles are becoming more and more important like Avax or Polygon. Any compatibility has to be implemented, which is a higher level of competition for user preferences and needs. 2022, could be the big game in Web3...
fvb
member
Activity: 1470
Merit: 13
December 17, 2021, 01:31:42 PM
This coin is already in the royal retinue. And whether she becomes king is irrelevant. You can walk alongside and be in demand and needed by your users and fans.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
December 17, 2021, 01:26:10 PM
I think this issue its true many people support and use a BNB and the bnb is a best coin and the people use a bnb because there Transection fee is very low then compare to other but this is not mean that they made king of the crypto so my idea is that in which time bnb fee is rise so the people not use bnb .
But one point is that the people support continuously so it a chance is that bnb cross many best coins.
sr. member
Activity: 742
Merit: 250
December 17, 2021, 12:20:44 PM
Since the first cryptocurrency, the king of Coin is Bitcoin while others are just altcoins, another term for coin associations that exist in crypto, BNB is now a centralized altcoin in exchange or delivery with low fees and has a network of binance smart chain(bsc) so BNB it will never happen to be the King of all coins BNB forever remains the position as an altcoin.
I agree with your opinion, in the last 10 years, Bitcoin has always been the number 1 cryptocurrency, it has always dominated the crypto market. BNB has a very good ecosystem and network, their potential for development in the future is great, but to become the king of cryptocurrencies, I think BNB is not yet capable.
jr. member
Activity: 546
Merit: 4
December 17, 2021, 12:10:24 PM
BNB, one of the best coin, with its platform and its network, and You know that binance has has many partnerships and now made it become the best platform for now.

Being a king of all coins probably, but being the number 1 platform is right.

Almost all of users of crypto have ever used binance as its payment or may be just using it to transaction or swap tokens.
member
Activity: 672
Merit: 10
December 17, 2021, 11:35:38 AM
it is a pity that now the transaction does not cost 0.0015¢ as in 2019, it would not be bad, although now with a price of up to $ 1 it is also good, compared to ETH, I can say for sure that BSC finally and irrevocably lured me into its network, after high commissions in the ETH network, and I will stay here.

ETH has long been the main choice for investors, with conditions that are too high fees that make only people who have large assets or can be called rich people who are not too influential with high costs, this can be a momentum for coins that have great potential to grow like polygons take their place as coins worth choosing.
newbie
Activity: 9
Merit: 0
December 16, 2021, 04:38:08 AM
Considering the current crypto market, the etherium blockchain is a prevalent one in the past experience and tokens which based on it are not affordable to small investors whenever they have to withdraw. Binance Coin is the Native Token of binance exchange.So the main reason why the new tokens currently in circulation in the market are based on binance blockchain is its low transaction fee and speed is very important also. The bnb coin was initially valued in cents Only, which today has risen to 500-600 $. It shows that it is moving at a record breaking pace and that is why I believe that long term investment in BNB will be of great benefit to the investor in future also.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
December 16, 2021, 03:33:40 AM
I've known 7 is close to the lucky numbers just like a jackpot in any gamble which labeled to 777.
But anyway there is nothing correlation between the lucky numbers with the crypto success because it's all depends on the demand of the market, as long as the market demand is high, the crypto must be succeed no matter how good the project is, is all about the demand as we could see from any meme tokens which create a massive marketcap. But the susatainity of the coins becomes on the top needs some real good projects.
Success has nothing to do with any number and things that actually happened by chance are also not worth being associated with the success of all projects including Bitcoin, because in general, as you have said, the thing that is closely related to success is how much the amount of market demand is not how good the numbers are.
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