BNB is a potential altcoin that you can buy now, because I believe BNB can beat Ethereum (become top 2 in coinmarketcap) in the future, therefore now is still the right time to buy and hold BNB in the long term, because I'm sure when the next bullrun occurs, then the price of BNB can increase very high from the ATH price (my target is at least $3k).
I also deemed that BNB has huge potential; however, I certainly doubt that it would ever surpass Ethereum. That's impossible. Yes, even now, it's in the top 5 coins—4th place, to be exact. How larger do you want it to become? USDT has 2.5 times the market cap of BNB, so my bet is that it's quite unlikely for the time being.
They are big but it can put a dent on them. Worse thing can only happen if they can not defend their selves anymore. Yes it can take a long time, take XRP case for example but many are glad that they remain to be a victor at the end. Even though it won't be solved completely,
I think the coin can still benefit from the positive happenings that are about to come so we can still invest on it now. In the case of BUSD, Binance already noticed that people should withdraw. But if they can't do it on the designated time, then they are in trouble. BUSD won't bust for now because it's not a volatile crypto but it may stop operating soon. Once all the people convert their token.
Noted. I didn't believe that the lawsuit would have long-term effects because it was resolved relatively quickly, but I was wrong. We're still a few months after the event, and BNB is still quite low, even though the market isn't in a terrible state. With BTC at approximately $28,000 to $30,000, BNB was ranging between $260 and $300; now it's down to $210 to $220. Wasn't the XRP case theoretically resolved, or did it backfire in the end? I remember that they won the case, but XRP didn't experience any significant pump in its price.