If you were given a chance to do it again, would you bet on BNB or ETH?
If BNB falls back again, will you enter the market?
1️⃣ BNB core value: As the world's largest crypto trading platform, Binance uses BNB to enable multiple services such as transaction fees, Launchpad, and Binance Chain. With the expansion of the ecosystem, the future value of BNB will surely increase further.
2️⃣ Token economics advantage: BNB has a "destruction mechanism". Binance destroys part of BNB based on profits every quarter, and implements it for a long time, so that the market supply gradually decreases. In addition, Binance's strong liquidity helps to promote the long-term growth of BNB prices.
3️⃣ Team revenue comparison: The Ethereum Foundation's revenue comes from initial token issuance, ETH appreciation, investment returns and donations, while Binance's revenue is more diversified, including transaction fees, Launchpad, lending and financial products. Binance's huge user base provides it with a stable cash flow, and CZ has never sold BNB. In contrast, the founder and foundation of ETH have sold it.
4️⃣ Governance and Centralization Advantages: Although decentralization is often advocated, for large ecosystems like Binance, centralized governance can respond to market demand more quickly. For example, Binance has reduced the frequency of listing based on market feedback and has a 7x24-hour multi-channel customer support system to ensure that user opinions can be quickly communicated and processed.
In summary, do you think BNB is worth it? Anyway, I think BNB has potential. Xiao Miao has already reminded me to enter the market. Have you followed up?
