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❕NEWS BNB close to surpassing ethereum by market capitalization

Josemendez

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Binance coin (BNB) after reaching a new all time high of $400 has seen a massive rise in it's market capitalization.

Presently , BNB market capitalization is just four times less than the market capitalization of ethereum.
Investors suggest that the rise in price of BNB can be attributed to the numerous launchpad and project making use of Binance platform .
What do you think about this new height by BNB ?
 

Niftyicon

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The way bnb has been growing is just amazing and like you have rightly said, all those launchpads, rewards and staking options have contributed a lot to how far the coin has come. Also, thanks to the huge population making use of the binance platform.
 

Josemendez

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Bnb is soaring high , binance are really doing a good job to improve the price of the coin , by introducing staking ,giveaway and many more
Yeah . Also their conditions of using BNB for launchpad participation is another strategy that they use in promoting the price of the BNB coin
 

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Bnb is having a good movement ,i remember when the coin was worth $40 on binance ,but right now see its worth more ,just keep holding the coin
 

Josemendez

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Whats the meaning of launchpad promotion , i havent heard such name before , its my first time of hearing or seeing something like that online
Is a platform through which new projects are launched . By it , investors are encourage to stake a particular amount of BNB and earn the new project.
 

Josemendez

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Thanks for the information, i need to do my own reasearch and check some new info about the launch pad , and when investing i would be careful because those new project could take a different route, just like one i have witnessed
The ones launched in Binance has always been the best and secured ones . Binance evaluates the project before listing them and this is an assurance for users
 

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This is a surprise for me ,i could remember the price and position of bnb last two years on coin market cap and now the development have increased
 

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This is a surprise for me ,i could remember the price and position of bnb last two years on coin market cap and now the development have increased
I could remember vividly that Binance BNB was once at $56 this year , now the coin is above $400 and it is still rising more and more as days goes by .
 

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I could remember vividly that Binance BNB was once at $56 this year , now the coin is above $400 and it is still rising more and more as days goes by .
I was still monitoring then when it was $20 , just imagine if i had invested only $10 from the beginning ,i would have made some many profit by now
 

Josemendez

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I know the project are legit ,the only thing i need to be more careful of the coin price i mean they could take another dimension and the volatility of some of the new coin is really high
Sure . Such things happens . The best is to watch the price for a while , venture into long term trading of such coin , and you will see how you profit from it
 

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Bianance is really doing well on there coin, and if they continue with this stride it will definitely come close of surpassing ethereum in no distance time.
 

Josemendez

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Bianance is really doing well on there coin, and if they continue with this stride it will definitely come close of surpassing ethereum in no distance time.
I totally agree with you . Binance will be a very big challenge to ethereum and the like very soon . Investing in it should be unavoidable
 

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Good tips from you , i will try that instead of selling on a short term medium , i will take it to long term medium and earn more profit also.
Yeah , and even when you want to think of short term trading , sell 50 % of the coin at good profit and wait more for further rise.
 

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As cryptocurrencies are getting lots of attentions so are exchanges, especially with binance being one of the top exchanges and having their own coin really appreciate this much, I myself am now starting to rack up BNB
 

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I will do that too because i know when it falls to a big Margin ,i wont make too many loss ,because i have sold the coin already
Exactly that is the point with this form of trading . It is always profitable doing so. Always check market gainers and losers to know the coins to invest in

Do you make use of futures or spot when trading , because i make use of futures real well , its more easy to earn more , and i set a high and low stop limit
Am yet to understand how future trading works . I have not used it before , I basically trade through spot. How profitable and risky is future trading ?
 

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BNB is having a tremendous growth and it's amazing how it has come this far. I have been reading lately about this coin and it always about it's growth. So it will an incredible yeR for the coin
 

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Bnb is really moving higher. I was surprised when a friend of mine told me he cashed out over 100k. I'm beginning to give it a thought to see how it will work on my own side.
It will surely be fruitful provided that you will be willing to wait for so time . If you buy now that it is $400 , you should be aiming at $600 to sell .
 

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Binance coin (BNB) after reaching a new all time high of $400 has seen a massive rise in it's market capitalization.

Presently , BNB market capitalization is just four times less than the market capitalization of ethereum.
Investors suggest that the rise in price of BNB can be attributed to the numerous launchpad and project making use of Binance platform .
What do you think about this new height by BNB ?
BNB might be next to ethereum! I'm sure it will soon reach $1000 before the middle of this year.
Comparing BNB to ethereum in terms of fees, BNB is very recommended!
 

microunit

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Considering that the more cryptocurrencies gets attention the more attention also goes to exchanges and binance is one of those exchange and in turn their own coin also greatly gets those attention as most of their users can exchange between their token BNB to other cryptos
 
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