This time the Japan conference mentioned that BNB will have significant upgrades coming up, BNB is sure to skyrocket, everyone should pay attention, it can't drop any further, among the top 4 cryptocurrencies, only BNB hasn't had a decent increase yet, this drop presents a rare opportunity! Major cryptocurrencies have high stability and small pullbacks, everyone can start to position themselves! In the past every quarter, the destruction funds for BNB have been around 500 million dollars, with the bull market arriving, a quarterly destruction of 1 billion dollars is not an exaggeration, at an average price of 600 dollars, it can still destroy over 1.5 million coins per quarter, which totals 6 million coins annually, resulting in an annualized deflation rate of 4%.
Secondly, there is new mining, previously when BNB was around 300 dollars, my mining yield could reach 2-3%, now that the price of BNB has risen, the mining yield has decreased somewhat, averaging about 1% per time. Therefore, the quarterly new mining yield is 2.5%. Without considering reinvestment, the annualized return is 30%, which is quite high.
Additionally, there are wealth management and other activities, for instance, currently the annualized wealth management for BNB is 1-2%, and sometimes there are other activities, like the one I participated in where I deposited for a fixed term to receive airdrops, which should also allow me to receive some tokens.
Overall, various activities with BNB can yield an annualized return of about 35% in terms of coin value.
Furthermore, the status of the BSC chain, BNB is not only a platform coin but also a public chain token. BSC is currently around the third position among public chains, which adds considerable value. After CZ gets out of prison, he plans to revitalize BSC, which directly benefits BNB.
That is my understanding of the value of BNB, of course, there are also other empowerments like Binance storage that I do not understand. So I will not pretend to know more than I do.
I remain optimistic about BNB!!!