Binance Coin (BNB) Reached it's all time high today soaring at $302 on Coinmarket cap. People were waiting for bnb to reach 300 for several weeks now. Finally it reached 300 and above. This coin seems to be stable between the prices 230 USD to 300 USD.
BNB was around $35 starting of this year, that was 3 months ago. In these 3 moths price got increased almost 716% . That's a lot in a short time.
Most of the project holders and crypto enthusiasts seem to be investing in binance due to the less gas fee compared to ETH and other factors.
Does BNB Go as High as ETH or Bitcoin?
Answer is yes because BNB has so much potential since it's attracting new project holders and crypto enthusiasts.
Like Binance CEO mentioned in his recent tweets, bitcoin was around 200$ few years ago, now bnb around $200 buy bnb now, he said.
In my opinion a good way to hold BNB is to buy and give it for staking on defi platforms like pancakeswap and Cubdefi. I am personally staking on Cubdefi and Pancakeswap they both are pretty similar in design.
Hopefully BNB gets more high and give a chance to all holders to sell at high price ever.
Note : This is not a financial advice to buy any crypto currencies. It's just a market analysis about Binance Coin. Have your own research before you invest on any cryopto coins. Thanks for reading.
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