$BNB BNB, as Binance's platform currency, has unique value attributes. First, its value can be estimated through Binance's net profit repurchase and destruction mechanism. It is known that Binance destroys about $1 billion every quarter. If 20% of its profits are taken out every quarter to repurchase BNB as previously stated, it can be estimated that Binance's annual profit is about $20 billion.
At the current price of $580 for BNB, its market value is $85 billion. From this perspective, if Binance does not change the repurchase rules privately, BNB's price-to-earnings ratio is only about 4, which is significantly lower than the price-to-earnings ratio of 15 to 20 for general brokerage stocks, which means that BNB may be undervalued. Secondly, BNB's new issuance can bring real profits. Even if it is conservatively calculated at 0.5% once a month, it can still have a 6% net return on currency basis every year. At the same time, the ecological development level of the BSC chain is outstanding among many blockchains, second only to the Ethereum chain and the Sol chain, and may not be weaker than the Sol chain. Overall, BNB has a high investment value and is a value investment target worthy of attention.
As a newbie who entered the currency circle in 20223, the first one I came into contact with was $BNB . At that time, it was about 300u. I bought 3 400u and sold it. In more than a year, it rose to around 550 and fluctuated, with a maximum of 720. I regretted not holding it at the time. In the middle, there was continuous mining of new coins #新币挖矿TON #新币挖矿DOGS DOGS, which are all considerable income😎