Quote from: Abiky on Today at 05:01:25 PM

Quote from: Ultegra134 on July 23, 2023, 06:16:58 PM

But since the lawsuit with the SEC has been resolved, I don't believe that there's any major reason to worry at the moment. Although BNB's price has yet to recover to pre-lawsuit levels, it's still not that low to raise any major concerns. On the contrary, it might be a decent opportunity to acquire it now that it's more affordable. I've already bought some, hoping that I don't regret it in the future; however, it's very unlikely for BNB to crash, especially after a resolution is found, because that would cause a chain reaction to other altcoins and ultimately to Bitcoin, due to the excessive trading volume Binance has.

BNB is still a bargain. Prices are relatively stagnant, making it a great opportunity to buy and hold for the future. Once the US government embraces crypto with open arms, market prices will be a lot higher than what they are right now. Congress already introduced a new crypto regulatory framework, so it should only be a matter of time before the SEC softens its stance against the industry.

One thing for sure is that BNB with a huge advantage over its competitors. After all, Binance is the world's largest crypto exchange. Let's hope all goes well in the long run for BNB holders. Just my thoughts Grin

I also have high hopes for BNB, and to be honest, I don't see why not. Binance is currently the largest exchange, which plays a huge role in its livelihood and its distant future. While the existence of the Binance Smart Chain is vital for Decentralized finance platforms, this combination is the best of both worlds.

On the one hand, I'm surprised that BNB hasn't recovered after the resolution of the SEC lawsuit yet and has stayed pretty stagnant. On the other hand, this might be a great opportunity to acquire more, because before the lawsuit, it was worth over $320, and now it's barely at $250.