Post
Topic
Board Altcoin Discussion
Re: Will Binance Coin (BNB) reach $1K?
by
kodtycoon
on 02/11/2021, 10:02:15 UTC
But not in the near future or the end of this year huh?
The supporting factors that have allowed Binance Coin to reach a price of $1K are very strong, namely the Binance Smart Chain Network and the large Exchange. Regarding the relatively cheap transaction fees, it is still inferior to the Matic network. I don't think it's a grip.
There are four things that always make BNB superior to others and that is not owned by Polygon or Matic even though the transaction fees on Matic are much lower than BSC at this time.
1. An already very strong network (BSC)
2. A very popular exchange for a long time (Binance.com)
3. The fees are still very low and the transaction speed is quite fast
4. Lots of support from other parties that can help BNB coins stay at a good value