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Lazy Tips: How much money can you make by the end of the year by holding 10 BNBs and making money on Binance with compound interest?

Take 10 $BNB as an example:

1. Currency price increase income

Take January 1, 2024 as the starting date for the cycle calculation. On January 1, the closing price of BNB was US$313.5. At that time, the total principal required to buy 10 BNBs was about US$3,135.

As of December 31, the price of BNB was about 702.3, an increase of about 124% from the beginning of the year. Based on this calculation, the income from holding BNB is about US$3,880.

2. Launchpool+Megadrop+HodlerAirdrop income

In 2024, Binance launched a total of 21 Launchpool activities.

If you participate in the Launchpool activities of these projects from the beginning of the year, you can get an average of about 1.6% of the token amount income for each participation in the activity. If we look at the highest price of the rewarded tokens, the average income for each participation is $70. The total income can reach up to $1,481. The overall rate of return for 21 participations is about 47.2%.

In addition, Binance has launched 2 Megadrop and 5 HodlerAirdrop activities this year. If you participate in these 7 activities at the same time, the total income is about $557, and the rate of return is about 17.7%.

The highest combined income from participating in Binance's Launchpool, Megadrop and HodlerAirdrop is 65%. Combined with the increase in the coin price, it is 124%, and the total rate of return can reach 187%.

Overall, participating in these activities can eventually increase the principal of the investment of $3,135 to $9,087.

Compared with the maximum increase and decrease of the 182 spot and contract trading pairs of tokens launched on Binance this year, this income exceeds the performance of 73.6% of the tokens in the sample!

$BNB #Megadrop