Post
Topic
Board Speculation (Altcoins)
Re: BNB reached $200
by
SquallLeonhart
on 12/03/2021, 08:17:46 UTC
I bought BNB at $237.

No regrets I believe BNB will take market share from ETH and rise much higher.

Not to mention the hard cap on supply and coming burns.   BNB will fly.
It's not only hardcap supply and when binance will be announcing another IEO and that will make mullion dollars of binance coin to be bought by the IEO participants. Remember if binance has BSC and so many BNB already locked on the defi on BSC. That was making less BNB coin in the circulation.
Binance has so many ways to earn passive income and capital gain. I think that you are still in a safe position and this time it's going up again.
That locked makes things incredible, the more bnb locked in there means that there are less bnb being traded on exchanges, main place that exchanges bnb is binance obviously but it makes it rare in other places as well, basically that means people who want to buy bnb and lock it somewhere needs to trade on binance and make it go up while they then go and lock it so they don't sell it as well.

Basically CZ figured out a way to make people not sell bnb and want more bnb at the same time, that is as good as it gets for a coin, you have to create a reason for people to buy it and hold and they managed to do that with the tokens on the bsc. I believe we are going to see a lot better results in the long run, it is going to be very fun to keep track of what they are doing, I have some money on bnb and some tokens they have as well, they are looking really good.