One of the primary drivers of BNB's growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart Chain (BSC) emerged as an alternative, meeting the rapidly growing decentralized finance (DeFi) sector's demands.
Interesting article about Binance and the why the price of the token might be going up so much. I look this morning and see that the price is closer to $600, the crazy run continues, no that I'm complaining, I own a couple of the tokens. Like the article points out, token holders aren't shareholders in the company, which has always made me nervous. Anyway people need to know the risks and rewards, I hope that I'm educating people a little from the post.....
Read the full story here....
https://cointelegraph.com/news/binance-coin-bnb-market-cap-passes-santander-and-ubs-what-s-next
Is bitcoin going to stay above 60k this time?
Looks like it, my biggest concern is the overall stock market, when that tanks people will be looking for something with a bid to sell to pay off other obligations
What's the next Binance?
Maybe someone else can chime in on that one, I'm looking.....