A lot of traders and speculators are waiting for the top cryptocurrencies to move in the green again. By the look of things, that might take a while at this rate. Nothing is happening in an exciting manner as of yet. The only top currency noting some momentum is BNB, as the Binance Coin price is moving up ever so slightly. A promising sign, although nothing to get overly excited about either.
Binance Coin Price Keeps Traders Happy
It is very difficult to determine which – if any – projects one should invest in in the cryptocurrency world. Since all markets are on very wobbly legs since late 2017 there is no guarantee of making a profit whatsoever. Binance Coin is perhaps one of the more solid choices, as it is tied to the world’s largest cryptocurrency exchange. Moreover, its use cases also transcend the platform itself.
With these most recent price gains in the books, BNB is firing on all cylinders again. A 1.7% increase in USD and BTC value has shown some sign of promise. There is also the 2% increase in BNB/ETH, although fewer people care about that. With the Binance Coin price now sitting at $11.51, or 298,613 Satoshi, the current momentum looks rather promising.
It is evident a lot of people are smitten by both Binance and their Binance Coin. Hugo, for example, is a firm believer in BNB. The Binance Launchpad strategy to incorporate BNB has paid off so far. Even so, a price target of $50 seems rather unlikely under these uncertain market circumstances. The token keeps moving up the ranks, though, which cannot be overlooked.
#BNB #binance With the pre sale token strategy on #binancelauchpad and activating payment by #BNB , I believe the #BNB future will reach the top 3 #CMC
Wow , hold BNB
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Thank you for Share!