Post
Topic
Board Speculation (Altcoins)
Re: BNB reached $300
by
elisabetheva
on 09/11/2021, 08:11:27 UTC
Congratulations to all holders, I've made more than $100,000 with BNB from $100 to $300 in just a few days

I posted about it at $100 and also at $200 yesterday.

We are on the road to $1,000!


Its price has more than doubled since you started discussion about BNB price. Its price is increasing non-stop and soon it is going to break its ATH record of above 700$. Binance Exchange has put in place Burning mechanism same as Ethereum Network does. So as a result BNB will burn with every transaction which will eventually reduce supply of BNB in the market. Thus, Price of BNB will increase at fast pace and we might see BNB surpassing 1000$ soon.

I am curious if the OP already exit from BNB or is he still holding the BNB that he was talking about when he posted this thread? Because if he managed to keep at least some, and with the current price, he will have a very handsome profit as it seems he invested quite a sum of money. BNB is very promising to hold as it has solid backer, which is the top exchange. So it won't disappear anytime but will continue to grow as their BSC network is also growing. So for me, this alt is worth holding and keeping.
other than ethereum at this time the best altcoin is BNB and I agree with you, because BNB is helped by the network they have. where we know their network is being used by many projects because the ethereum network is still constrained by high costs. so this momentum adds to the strengthening of BNB itself.

but what is still constrained is that the increase from BNB does not seem linear with what bitcoin is doing, currently bitcoin has created its newest ATH and so has ethereum has reached ATH. but ATH BNB $686.31 - May 10, 2021, is long and unable to make changes at the same time. we will wait for the next steps in the days ahead so that BNB will not be left behind with the top ones.