Current price moves around 0.67-0.69 It’s ATH in the last bull run was 9.8$.
So if you add some $SCRT now around 0.67-0.68 you can gain 10X-14X Mathematically.
You may have a question now. “Will it reach the last ATH (All Time High) in this bull run ?”
Definitely. This is not a meme coin or a shit. This a strong project with a good user case.
Don’t wait further a lower price. It’s now or never.
If you invest 100$, you can turn it to a minimum of 1000$ in this ALT season.
One thing to remember. Decide your Take Profit price earlier. My TP is 9.8$ (Last ATH)
Don’t be greedy. Exit when it’s time.
Wish you more profits in this ALT season.
Next ALT season will be around 2030. So don’t miss this opportunity.
Don’t do Futures Tradings if you don’t have enough experiences and knowledge. Spot trading is more than enough to make few thousand dollars with a lower risk.
This is not a Ai generated one. So bear with me if there is any spelling or grammar errors.
Like this if you learnt something. Follow me for more of my personal experiences.
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Binance Coin (BNB): Comparative Analysis, Historical Overview, and Future Plans
Comparative Analysis
🧙♂️What is BNB?
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges globally. It was initially launched in 2017 as an ERC-20 token on the Ethereum blockchain but later migrated to Binance Chain, a blockchain developed by Binance.
🧬Key Features
Utility: BNB is used for trading fee discounts on Binance, token sales on Binance Launchpad, transaction fees on Binance Chain, and much more.
Burn Mechanism: Binance regularly burns (destroys) BNB tokens to reduce supply, increasing its scarcity and value over time.
Ecosystem Integration: BNB is deeply integrated into Binance’s growing ecosystem, which includes DeFi platforms, NFTs, and payment solutions.
Comparisons with Other Cryptocurrencies
1. BNB vs. Ethereum (ETH):
Speed and Cost: Transactions on Binance Chain are faster and cheaper compared to Ethereum, especially during periods of high network congestion.
Use Case: Ethereum focuses on being a decentralized platform for smart contracts, while BNB is heavily tied to the Binance ecosystem.
2. BNB vs. Bitcoin (BTC):
Purpose: Bitcoin is primarily a store of value, while BNB is a utility token with multiple use cases.
Growth Potential: BNB has more room for growth due to its smaller market cap compared to BTC.
Historical Analysis
Price Performance
2017:
BNB launched at $0.10 during its ICO. By the end of the year, it reached around $11, a significant return for early investors.
2018-2019:
During the bear market, BNB proved resilient due to its strong utility, maintaining better price stability than many other altcoins.
2021:
BNB reached an all-time high of around $690 during the crypto bull run, driven by Binance’s growing dominance and the rise of DeFi and NFTs.
2022-2023:
The bear market impacted BNB, but its price remained.