Topic: Will BNB become the king of all coins - page 8. (Read 23870 times)
I'm not sure bnb can become king of other alcoins so far there have been many transactions through bnb because gas costs are cheap compared to eth but I believe bnb's position is still under eth, if it becomes king of alcoin it's definitely bitcoin.
Currently, BNB is one of the best investment options. However, how will the price of BNB change if the authorities increase their regulatory influence on the Binance system?
BNB was one of the best investment options 6 months ago, but I doubt whether that is the case now. A coin, that is still regarded by many of the users as an "exchange token", is currently being valued at $83 billion. There are quite a few drawbacks with BNB when you compare it to competitors such as Cardano. First one obviously is the association with the Binance exchange. Binance has seen a spike in their hostile interactions with the authorities recently. And the second concern is that BNB is centralized (which is not true, IMO).
Currently, BNB is one of the best investment options. However, how will the price of BNB change if the authorities increase their regulatory influence on the Binance system?
binance is always making ways for increased adoption of their BNB coin. some of the updates that have been carried out certainly have the same goal of increasing the value of BNB.Of course in the future, BNB has the opportunity to be the best in the market. even today BNB has become one of the best choices for long-term investment. whose value in the future will definitely continue to increase.
Currently, BNB is one of the best investment options. However, how will the price of BNB change if the authorities increase their regulatory influence on the Binance system?
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?
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?
Nah, although there's a possibility, the chance are very slim and will need a lot more time to climb up like Bitcoin. For now i think the king of coin is still BTC
They are only good at business, I see little creativity in BSC projects because they are mostly projects that are copied from each other and Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
This might be a big advantage for BNB against Ethereum in the long run actually. Because people prefer a faster network and lower fees first. And it needs to be secure also of course. As long as BNB provides these conditions all the time, BNB may draw many more people's attention to itself. However, I've been hearing that BNB fees are also starting to be expensive. This could be a bad sign for it if its developers don't create a solution for it.
They are only good at business, I see little creativity in BSC projects because they are mostly projects that are copied from each other and Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
BSC is just a high-speed, low-cost version of Ethereum. I do like the advantage of BSC though, as they drew developers from their rival Ethereum.
I'm not sure about this. BNB has a really big potential in itself actually. But when it comes to getting to top, it is not easy for any altcoins for now. Bitcoin has a really big dominance and it manages the market in general with the movements in its price. BNB should be able to break out of this loop somehow to get a really big chance for the top place. Recently, BNB transactions fees have started to increase also. If they find a solution to this for example, it would affect its value quite positively in the long run as more people will start using BNB.
I doubt if BNB will ever get to beat ETH, talk less of beating the master of them all Bitcoin. Remember Bitcoin move have so much influence on all these altcoins.
No mate It is not possible because you can see the price of BNB and. the king of all coins is BTC. After BTC ETH is the king of all coins. because ETH is a very good project and it is also more famous in the world so I think after BTC ETH will become king of all coins
I agree that bitcoin is the king of all currencies, not BNB. Although ethereum is in the second position the value of these currencies increases depending on the increase in the price of bitcoin according to the current market demand the price of BNB is much higher but can never be king.BNB is now ranked 4th with a market cap of around 84 billion, a difference of about 15 billion with Cardano in the 3rd, to become king and beat bitcoin it takes up to 12x. I think BNB will be under bitcoin and ethereum, especially since BNB's transaction volume relies too much on the Binance market so it's hard to beat bitcoin and ethereum.
I agree that bitcoin is the king of all currencies, not BNB. Although ethereum is in the second position the value of these currencies increases depending on the increase in the price of bitcoin according to the current market demand the price of BNB is much higher but can never be king.
You should understand the content of the thread carefully that no one said BNB will replace the King of Coins, because BTC will forever be the King of Bitcoin so no single altcoin can replace him but it is not impossible for the King of Altcoins because that position was once taken over by XRP though just a moment. 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?
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?
Good analysis, BNB itself besides having many excellent features such as getting discount trading fees, being able to join farming Launchpool, BNB Deposits, getting ICO Lottery rights on Binance, Binance Credit Cards, and others have a very strong appeal for users.
So, the longer I study crypto, the more I understand and change, now I'm not looking for coins that can go up high, but I'm looking for coins based on their function.
It will take time for BNB to become king of all coins because BNB is still following the movement of BTC and ETH.
By the end of 2020, we knew how the potential Binance coin. Since then, people's confidence in its coin has increased numerously. Moreover, we all know about the basement of this coin. Currently, most of the new smart contracts are built in this chain. So it is safe to say that Binance will be the future leader in the crypto space.
I like BNB.. everything else is good.. low transaction fee.. good technology and algorithm.etc. But in cryptocurrency sector, a lot of importance is given to decentralization. And that means that a coin that is issued by an exchange is much lower in priority for the ordinary cryptocurrency users. BNB doesn't seems to be that centralized, although it is issued by Binance. But the normal user think so. BUSD may be completely centralized, but not BNB. Unfortunately the users don't differentiate between them.
Ethereun looks more strong and has more strong ecosystem. BNB will hardly beat ETH. BNB with its Smart Chain is just an easy instrument to create new coins with simple idea.
BNB is definitely one of the biggest altcoins in the market now. Its being backed by Binance assures people about making an investment into it without worrying about it. And I think that this is still nothing for BNB. It has a really bright future ahead. Maybe it comes after Cardano (ADA) in the list of coins considering their marketcap. But BNB is the third best coin for me.
But when it comes to becoming the king of all coins in the market, I don't think so. I think that Ethereum has more chance than BNB to become like that.
But when it comes to becoming the king of all coins in the market, I don't think so. I think that Ethereum has more chance than BNB to become like that.
Yes, we know that BNB is a good coin, but for the king it have to become best. At this time BTC is king of all altcoins and next can be Ethereum, As Ethereum is moving rapidly, so all altcoins can follow it. Hope for the BNB to become succesful.
Currently the BSC network is now expensive, and nodes are always broken, people complain of anonymous validators. ADA already overtaken BNB bin market capitalization. Soon, DOT may overthrow it.
It’s possible. They have their hands in all PoS coins and stake them without telling lazy customers who keep their crypto on Binance. If they sell all of their staking interest for BNB, they could flip ADA/ETH at LEAST lol
No, BNB will not become the king of all coins. If Ethereum is hard to surpass bitcoin, how much more BNB? Maybe it will surpass the ETH but not the king of all coins. BNB has a lot of competitors in altcoin market with potential to increase it's value in the future.
I agree with you, the difference in value from the king of altcoins is still far apart, let alone being the king of all coins, indeed at this time BNB is experiencing good development, but if you expect that BNB will be the king of all coins, it will only be a wishful thinking. wishful thinking.
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