Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.
Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.