Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seemingly doing way better than most altcoins.
I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse?
Edit: While the topic may confuse some, I'm not talking about on a product level, I'm more concerned about the price actions. Like it or not, most cryptocurrencies lack utility, to say the least; still, their price actions have been impressive, and for now, the easiest way to know the healthy states of cryptocurrencies in comparison with one another is through market capitalization (whether or not wash trades are involved), else we won't be talking about 'moons', 'bulls' and 'bears'.
The maximum supply for BNB is slightly larger than Ethereum is currently. If BNB is going to beat Ethereum, at least the price of BNB should reach $1800 without any price increase on Ethereum. But if the price of BNB increases, then the price of Ethereum will also increase. So how is it possible that BNB can beat Ethereum, or the Ethereum killer.
You guys overcomplicate the things, no need to crack head over this discussion. The potential of ETH is much higher than BNB, Binance will not be able to pump exchange altcoin forever. Token burn and other factors also affect this circulation/price ratio but ETH has a higher advantage over any kind of exchange altcoin, IMHO.