Post
Topic
Board Speculation (Altcoins)
Re: Bnb after next 5years
by
kotajikikox
on 07/11/2023, 07:56:22 UTC
looking at the journey of BNB till now, the potential looks promising. Since the gas fee is vey low, many projects are preferring BSC blockchain over ETH and other networks. Also I see the userbase of Binance is huge and increasing day by day. As per the technical analysis, BNB may touch $400 by this year end. And if no negative news for Binance, it should be around thousand bugs in coming years. Since The price of BNB is dependent on exchange, any hacking or regulation related news may drag the price downwards to a great extent. I am also holding few BNBs in my portfolio and would like to hold for long term and grab the chance to accumulate if it drops extensively.
if binance are going to break 400 dollars this year meaning BNB will climb more than what Bitcoin does? from 250Dollars now means that is 60-70% increase before the year of 2023 ends .
but looking at it, it is not just about the intensity of the bad news but also how bitcoin will grow that the exchange coin prices will increase.
if you are already holding BNB in your folio then there is no reason why you need to feel worry because looks like you bought when the price is in low so holding till it reached thousand will make you multiple times richer.