#BNB金鏟子

If you just entered the cryptocurrency space this year and have no positions, I wouldn't buy BTC and ETH, let alone DOGE, with USDT.

I might only dare to buy BNB, the logic is simple: from a traditional finance perspective, BTC, ETH, and DOGE are all driven by market sentiment and news.

Only BNB has fundamentals and financial data. BNB has dividends and buybacks.

It adheres to the requirements of public company systems, BNB performs worse than traditional finance but is overwhelmingly superior compared to the cryptocurrency space. In a market where valuation cannot be reasonably determined, BNB is like an ADR that holds 15% of Binance's shares; its buybacks are equivalent to a public company's 'buybacks', and its dividends are similar to BNB's various new offerings and airdrops. From this perspective, by adding BNB's dividends and buybacks, you can calculate a reasonable PE ratio and thus determine BNB's price.

A quarterly buyback of about 1 billion USD of BNB, with a current market capitalization of about 100 billion USD and a price-to-earnings ratio of approximately 25 times. Considering that BNB also has a 10-20% return from new offerings each year, how much do you think BNB is worth?