$BNB Rise benefits from token destruction and lock-up plans, BNB chain is seriously undervalued!

As the BNB token reaches a record price of more than $710, projects across the BNB chain ecosystem have seen a sharp increase in activity, token prices, and trading volumes. While there is no direct catalyst for BNB's price increase, some market observers say some existing activities have boosted the token's fundamentals.

Bitcoin $BTC Earnings Projects BitU's head of growth Nick Ruck said BNB's price has benefited from token destruction and token lock-up plans that have been carried out over the years. Due to low gas fees, the BNB protocol has also stepped up publicity and activities and cultivated a large and vibrant user base.

$ATOM developer said: "The BNB chain is probably the most underrated chain of all cryptocurrencies, partly because of some anti-Binance/BNB rhetoric pushed by certain parties. However, from a fundamental point of view, the BNB chain is one of the best chains: it is fast, scalable, and arguably the most used chain by most of the non-Western world.

Ps: 3000 dollars as the bottom, it is only a matter of time before it surpasses ETH!