BNB to take over Global Finance? Interesting Macro ScenarioCRYPTOCAP:BNB BINANCE:BNBUSDT CRYPTOCAP:BNB.D
In the chart,
1. Trend based fibonacci levels. Shouldn't disappoint.
2. BNB is forming an ascending pattern on macro levels
3. Exchange's popularity and usage metrics are off the charts that will attract more institutional investors in both short term and long term
4. Binance acquires anything that can make their presence more exponential. Whether its banks or exchanges in multiple countries.
Binance is the largest crypto exchange with the biggest presence in countries. NO S***
It's better to look at BNB coin more than what it presently is. HIGH TIME we take notice.
This is not a financial advice
I still don't know what to think of this-
It's the biggest exchange so far
Has a crypto thats actually being used for payments, defi, transfers and can even be treated as an asset class.
Enjoys zero maintenance margin on multiple instruments
Coins are pegged against BNB and has a dedicated exchange for the same on its network
Almost started to feel like a bank
Is it a tech giant? Is it a financial giant? Is it Both? I don't know
I've started to have interest in Binance as a new generation asset class that really could dominate global finance.
I don't believe in this strongly but the trends have been positive and consistent. Fundamentals are way too strong - so is the dominance and presence.
Could be wrong but I'm still taking a DCA oriented long position for the next 5 year cycle on this coin. Also I have no complains from the exchange. Seamless experience since 2017.
