Binance Coin (BNB) $BNB

#Binance #Coin is the largest “crypto exchange coin”

As the largest so-called “exchange coin,” #BNB continues to develop in different directions, offering more and more use cases for the token (e.g. Cosmos chain, EVM chain and bonuses for Binance CEX users). 

Sadly, all of this is still built on a very centralized foundation and could crumble due to regulatory influence or fraudulent behavior of bad actors. 

Ultimately an #investment decision here needs to be somewhat based on trust.

Market Capitalization: High

Trading Volume: High

Liquidity: High

Use Case/Adoption: Great (large user base and continuously new use cases introduced by Binance)

Tokenomics: Medium (burn mechanism to reduce supply is great, but the initial sale is still concentrating a huge amount of the total supply in the hands of founders and early investors, who could enact immense impact on the market)

Development Team: Great

Community Support: Great

Security & Transparency: Bad (sadly Binance Smart Chain, Binance Chain and Binance as an exchange itself are controlled by a small group of powerful entities, which pose a definite security risk)

Performance: Great

Do you hodl BNB ?

By: #cr7ypto