5 Reason Why You Should Hold $BNB for the upcoming Bull Run.
1. Binance Ecosystem: Binance Coin ($BNB ) is the backbone of the Binance exchange, the world's largest cryptocurrency platform. Its utility within the ecosystem ensures demand.
2. Token Burns: Binance conducts regular "burns" of BNB, reducing its supply, which historically drives up its value as scarcity increases.
3. DeFi and NFTs: BNB is integrated into numerous DeFi projects and NFT marketplaces, making it essential for users and investors in these booming sectors.
4. Utility & Discounts: Binance users enjoy lower trading fees, staking rewards, and participation in token sales when using $BNB, adding to its allure.
5. Regulatory Compliance: Binance's proactive approach to regulations instills confidence, potentially attracting institutional investors, further boosting $BNB's value.
6. The current supply of $BNB remains 151M which was 169M last bull run of 2021.