Post
Topic
Board Trading Discussion
Re: Binance as the third largest coin
by
elisabetheva
on 22/02/2021, 05:38:50 UTC
It's true. If decentralized platform can't solve that main problem (gas fees) on cryptoverse, people don't care anymore if it centralized or not as long as it gives more benefit using them. Bsc gives solution while ethereum still on the old track (high fees). That's why the price keep mooning. But I don't know, with this hype I still think the current price of bnb is overpriced. Imho
Now it must be admitted that among bounty hunters this has become a big obstacle because the gas fees in Ethereum are so high that many are unable or even lose money when they receive the coin on their wallet because they cannot make deliveries. I agree that people don't really care anymore. If gas fees are still high, they will look for other alternatives to avoid these high gas fees.

ethereum must start to improve because many have started to look to try to replace it to reduce gas fees that are too high and of course this is bad news for ethereum.

but whether BNB is increasing now because it is one of the alternatives to find gas fees that are more acceptable to people because of the situation that may not be supportive
Currently BNB is in a fairly convincing ranking and the price has increased quite a bit, but it seems likely that what people are saying is that it's an altcoin year, as a lot of old and new altcoins have been surprising in recent times.
we will wait for other altcoins that can develop again.