I think this alternative tokens in the market is the top altcoins in the market I didn't include other popular altcoins because I don't think that they have enough demand to sustain a great price and also to stay in the game for long term. I think ETH And XRP are at the top since they already have a high demand in the market and also a lot of transactions is also done in every money. XRP is a great altcoin since it doesn't have a high market value making it a like bitcoin but have a low fee in the market.
It seems to me that Binance is trying to monopolize the market and squeeze out its competitors. I dont really like this approach, but the platform offers many different opportunities and tools for trading, and not only that, so the BNB rate will always be kept at a certain level. So investing in BNB looks quite reasonable.
If you are looking for project that already have strong product BNB is one of those favorable investment to hold. Aiming for longer time frame it can
rally high and provide big profits to your investment, You can just let go with the swing and be positive waiting for much bigger blast.
Yes BNB is a strong player in the crypto market for the long term it will definitely be a good pick it has reached the ATH of around $40 from which it evolves to several new products like Binance Launchpad, Labs, Futures, Margin trading, Reduced supply through burns, in terms of adoption, Binance chain, etc FYI holding 30% of my portfolio in BNB.
I think this token is great since it has demand in the market but i think this token demand is just in its own exchanger since it is their token. Surely the market price of their token is going to be manipulated or maybe it is already manipulated in the market because this is what a lot of exchanger tokens do and most of the time the token in just going to die.