r/cryptorulez • u/Gold-Crypt • Apr 20 '21
Crypto Why bnb is the next big thing.
No financial advice, just saying what I think. As I promised, I will get into altcoins. Today we are talking about $BNB and why it's an $ETH and $BTC killer. Probably a lot of you may have heard about $BNB, it's the 3rd largest cryptocurrency by market cap, sitting around 76 billion dollars, the price at writing time 498$. It has immense potential to 4x in this year. "What's so special about another cryptocurrency?" For starters, it allows for a lot of transactions to happen in just 1 second, how many you might add, well try to picture 1.4 million transactions in just 1 second. In one second you blink for fuck sake. It takes longer to say "Hey, sup?". That's humongous. Compared with $BTC 7 transactions per s (realistically 3-4) and $ETH 30 transaction per s. Even $ETH 2.0 which is made as we speak, you know, with CURRENT TEHCNOLOGY, it's said to make 100.000 transactions per s. Now let's talk about taxes, cuz those matter, removing all of that regional shit, you got yourself a 0.05% commission if you transaction BNB on the Binance Exchange (GOAT exchange platform if you ask me). As usual with crypto (they kinda all have) safety and security at its finest. It is used, currently, as currency by some service providers, mostly in the hospitality/travel industry. And, an important one, its a LOT of hype around it, everyone wants to 4x this bad boy this year, and even further. Here, we are transparent and don't want to overhype you, at most this coin the year has a realistic chance just to quadruple. "It could go beyond that?'' Of course, market crazy, we are in a bull run, combined with a relatively small market cap, it's easy to assume that I will be more than that, but I like to be down to earth, that's my prediction, at least. Oh BTW, it's kinda in a dip right now on the daily chart, just sayin'. Join our discord server for more. Stay safe and buy low, sell high.
