Post
Topic
Board Speculation (Altcoins)
Re: Let's pay attention to BNB?
by
South Park
on 15/10/2021, 20:30:33 UTC
While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.

It would be true, but i suggest to spread investment not only on BNB, bullish season is coming and vary profits among projects would come soon. Spread it to 5 or 10 coins, because probably one of our pick reach 10x investment.
Thanks to bitcoin which had increased in volatility making other capable altcoin to meet up with the trend without slowing down. BNB had always been a good and volatile coin that can reach the price of Ethereum if the market is favourable without mess. Before bitcoin falls to $30k, bitcoin had been doing well and making investors to be proud of it.

Bitcoin would continue rise, its will followed by most of altcoin that still have value on the investors sight. It will reach peak probably on the beginning of 2022.
BNB could became one of it, if the trends of project deployed on its chain continue.
You have a point but I want to see if the recent changes on the policies of binance are going to affect the performance of their coin, after all the coin was not just to speculate with it as it is the case with many coins, you could actually reduce the fees you needed to pay at the binance exchange, but if now a great deal of the traders that used the exchange decide to move on then the demand for the coin could drop and we know this has a huge effect on the price.