Guide To Conduct BNB Coin Fundamental Analysis.
1. Understand the Purpose: BNB is used for various purposes, such as trading fee discounts, participation in token sales, & more.
2. Market Cap: Market cap gives you an idea of the coin's overall value in the market.
3. Technology & Development Team: Check strength of its team.
4. Tokenomics: Examine the tokenomics of BNB, including its inflation rate, token distribution.
5. Adoption and Use Cases: Check for adoption & real-world use cases of BNB.
6. Competitors: Identify other crypto that might affect BNB's market position.
7. Community and Social Sentiment: Positive sentiment can lead to increased interest & demand for the coin.
8. Financial Performance of Binance Exchange
9. News & Events: Keep an eye on relevant news & events that could impact BNB's price.
