Do you think BNB has the potential of becoming and staying the #2 crypto asset, especially with all the BSC activity and Binance backing? I do you think its connection to CZ and Binance will be its downfall?
BNB has a chance even to surpass ethereum in the future. Despite the hacked case that happened with BSC but binance has a solution for that by doing burn even longer to make sure the supply will be going back again to the 100 millions BNB, Binance is the main reason why BNB can do that easily even breaking new ATH against bitcoin. It's caused by the trust that came for CZ is starting to increase even higher. The recent problem that happened with FTX was making some people feel not confidence with FTT and they were moving their assets into the BNB.
Binance backing is the main reason why binance coin can have a good performance during the bearish market. I can imagine how big the growth that will be happening to the binance coin once the bullish market will come back later.