Binance uses it's own coin to give users some nice perks:
- The BNB coing ives you a 50% (first year) discount on allready cheap fees, the discount is halved every year and stops after 4 years
- Top BNB coin holders are sometimes eligible for free airdrops
- There is a quarterly burn of the coin, making it more scarce
These perks combined with the enormous growth of Binance make it a very sought after coin!
In the graph we see a second forming, the first led to a big bull-run. Currently the second is close to the apex, also has been painted in the , signalling bears are getting tired. Time to challenge the ATH and to get ready for another moonshot!
BNB still good to go :)
Keep an eye out for RSI which is entering OB-territory