Quote from: JeffBrad12 on November 11, 2023, 12:06:26 AM

even though this coin have such huge market capitalization but never once i even have the mind of investing it around this "soon-to-be" bullrun, and even the market sentiment is showing just that.
the coin itself just keep stagnating and even BUSD is nowhere to be seen, idk, but the performance of anything related to BNB has been quite ugly right now.
even the shitcoin ftt fare well in this market than BNB, right now there are many better coin than BNB out there in the market that it actually make me concerned about the future of BNB
whether it could still hold its market capitalization in the next bullrun but i guess even though the price just climbing up slowly it could mean that this coin still relevant.

BNB has lost its luster because of the SEC "getting behind its tail". Investors are more interested in crypto assets with a favorable stance towards the US regulatory agency. You can see why XRP surged in price after the SEC lost its battle in the court. A victory for Binance as well, would have a positive effect over BNB's market price. As far as BUSD is concerned, the issuing company (Paxos) stopped adding new units into circulation because of fears from the SEC. It is now focusing on its other stablecoin product endorsed by PayPal (which is called PayPal USD).

Without momentum for Binance, don't expect BNB to go anywhere soon. Considering that the exchange is still the largest one in the world, there's a high chance BNB will reach $1k in the future. It could be 5 years from now, or even a decade. The crypto market is unpredictable, so I'd suggest you proceed with caution to avoid losing it all in an instant.