Binance coin (BNB) is the cryptocurrency of the largest volume trading crypto exchange Binance. BNB allows owners to receive significant discounts (25%) on trading fees within the exchange, participate in initial coin offerings, and earn income through staking.
The BNB price is heavily influenced by the success of the exchange and the popularity of cryptocurrency trading, which makes it quite volatile. In 2021, it was a very successful year for BNB, and the price rose from 40 at the beginning of the year to 690 at its peak, but then there was a decline.
In this regard, many investors wonder if it is worth expecting a repeat of this success?
For investors now, the key question is whether the BNB cryptocurrency is a good investment now, whether the growth of the cryptocurrency will return next year, or in the medium-term perspective of 3-5 years.
I have conducted an analysis and can say that it is definitely worth it:
There are no competitors, and we will not see any in the near future.
The coin trades in an upward channel (an example will be the TWT coin locally).
The coin has good tokenomics, and there is a burning every quarter.
New listings give an allocation.
There are many more factors to consider. Personally, I am actively buying BNB and recommend you to take a closer look at it.
My expectations are HUMEIND , mark this down.
The BNB price is heavily influenced by the success of the exchange and the popularity of cryptocurrency trading, which makes it quite volatile. In 2021, it was a very successful year for BNB, and the price rose from 40 at the beginning of the year to 690 at its peak, but then there was a decline.
In this regard, many investors wonder if it is worth expecting a repeat of this success?
For investors now, the key question is whether the BNB cryptocurrency is a good investment now, whether the growth of the cryptocurrency will return next year, or in the medium-term perspective of 3-5 years.
I have conducted an analysis and can say that it is definitely worth it:
There are no competitors, and we will not see any in the near future.
The coin trades in an upward channel (an example will be the TWT coin locally).
The coin has good tokenomics, and there is a burning every quarter.
New listings give an allocation.
There are many more factors to consider. Personally, I am actively buying BNB and recommend you to take a closer look at it.
My expectations are HUMEIND , mark this down.
Telegram Channel⏩ t.me/AleksDoo