Post
Topic
Board Speculation (Altcoins)
Re: Bnb after next 5years
by
Abiky
on 24/11/2023, 11:22:06 UTC
With the recent propaganda that happened with binance and CZ, I would like to argue about the future of the BNB coins although I would say BNB has always been my choice when it comes to paying for so many things online but the purpose of saving I won't really count it a choice I would prefer over the USDT and that's because of the rate at which my country currency devalues so fast against the USD, over the few months if I had held some USDT I would have gotten some profits from it, at least double of the money I would have used For the investment.

There's a lot of negativism surrounding the departure of CZ as Binance's CEO and the $4.3B settlement. But I don't think it's the end for the world's largest crypto exchange. This is a lesson for the company to improve its KYC/AML methods. The recent events will force Binance to leave the US market (unfortunately), but it will manage to gain traction with other countries. Especially those that are extremely-friendly towards crypto/Blockchain tech (UAE, Hong Kong  El Salvador, etc).

I believe this is the perfect opportunity to accumulate BNB before it turns bullish again. Prices are pretty cheap compared to ETH. Not to mention, gas fees are a hell of a lot cheaper on BSC than leading chains such as ETH, Polygon, and even BTC. Binance's new CEO (Richard Teng) must do everything in his power to help restore the image of the company. Otherwise, Binance will collapse. The future is uncertain, so expect the unexpected. Maybe BNB will go to $1k within the next 5 years? Cheesy