Post
Topic
Board Altcoin Discussion
Re: Why is BNB facing resistance at that $500 level?
by
John306
on 10/11/2021, 10:02:23 UTC
My opinion is that BNB is owned by a single person whom everyone in social media knows and is a popular person. it makes the token appears as a centralized entity. also there are alternative tokens that offered same quality that bNB offered and it is unfortunate that investors are moving to more decentralized investments like polygon Fantom and avalanche than solana and bNB. i think solana will suffer the same fate.