Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.
But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.
Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.
Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.
We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.
Binance acquire Trust Wallet, WazirX Indian Market.
Binance coin will make history buy using like these above mentioned features and many more.
I think someday BNB will beat ETH, What you Think
But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.
Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.
Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.
We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.
- Binance Exchange
- Binance DEX
- Binance Chain
- Binance Fiat services
- Binance Launchpad
- Having giant partners
Binance acquire Trust Wallet, WazirX Indian Market.
Binance coin will make history buy using like these above mentioned features and many more.
I think someday BNB will beat ETH, What you Think
Anyway I can't categorically say it's not possible, almost nothing is impossible in life. But this is going to be a hard thing and might take a whole lots of time for BNB to beat ETH. Ethereum has been well established and many financial institutions are building/leveraging on its smart contract technology. It might be an almost impossible to task for BNB to beat ETH.
I can't also see that coming although there are possibilities but still I can't even think on why would people shift on most establish coin, I'm not saying binance is not good but they need to take a lot of efforts to convince the Ethereum supporters to move on BNB since even though they provide the quality of products for sure those people earn more benefits with etheruem rather than BNB especially on what you say the smart contract technology where many huge whales used this.