I'll say right away, expect a crash #BTC☀ to 55-72k, and then you can buy BNB if you haven't thought of it yet.
The cryptocurrency market is full of uncertainty, but after 10 years in the field, I have learned one main lesson: you must be able to identify assets with real potential and strong fundamentals. Binance Coin (#BNB ) appears to be just that.
Now, as the market experiences a period of consolidation after a tumultuous rise and fall, it is important to choose not speculative projects, but those that have real value and a stable position. BNB meets these criteria for at least three reasons:
1. Binance ecosystem: BNB is not just a coin, but the core of one of the largest and most influential cryptocurrency exchanges in the world – Binance. This provides it with strong fundamental support. Binance continues to expand, adding new services, including derivatives, staking, an NFT platform, and much more. All of this directly affects the demand for BNB, stimulating its growth. Activity on Binance correlates directly with the price of BNB, making it quite predictable in the long term.
2. Utility and token burning: BNB is used to pay fees on Binance, creating a constant demand. Moreover, Binance regularly conducts token burns, reducing the total supply and thereby increasing the value of the remaining coins. This deflationary policy is an important factor contributing to price growth in the long term. It is not just a marketing move, but a real mechanism for regulating supply that works and will continue to work.
3. Long-term perspective: The cryptocurrency world is constantly changing, but Binance continues to be a leader. As long as Binance exists and evolves, BNB will remain an important part of this ecosystem. Of course, there are risks associated with regulatory changes and competition, but considering the scale and influence of Binance, I believe these risks are minimized. BNB is a bet on the long-term success of Binance itself, and in my opinion, it is a fairly reliable investment.
In conclusion: Do not take my advice as financial advice. Always conduct your own research and diversify your portfolio. However, considering my ten years of experience in the cryptocurrency market, I believe that BNB is an asset worthy of the attention of long-term focused investors. It represents an investment not only in cryptocurrency but also in the evolving Binance ecosystem.