Post
Topic
Board Speculation (Altcoins)
Re: Is the future of Binance bright???
by
savetheFORUM
on 27/03/2022, 20:49:49 UTC
that's what I mean BSC not bcs I made a typo, thanks for reminding me and now it's been replaced.  Yes, as we can see, the number of projects that use the BSC network can increase BNB users so that prices can increase
The price increase on BNB will also not happen easily even though there are many new projects that use the BSC network for their tokens, because it still really depends on market conditions and the validity of projects that use the BSC network itself, because there are also many invalid projects. trying to use the network from BSC to create a new token now.
They only consider bsc because it is popular and they think the chance for their project to get noticed are much higher than if they use other networks but they are wrong with it actually. It's not about how popular the network is but it's about the quality of the project, this is what investors look at.

People mainly invest on the token under the bnb and not directly on bnb although they might still need some bnb in order for them to trade their coin. This still contributes a little to the growth of bnb. Other than projects, market conditions is another factor that can affect the value of binance coin. In this market we have bears or corrections apart from the bull, this can make the price of bnb go down but this don't mean its future is not bright anymore.