📢 18th Post 🚀 #CRYPTOFACIL (05/02/2025)
💡 Strategy with the currency $BNB (Binance Coin)
Today, we will talk about Binance Coin (BNB), the native cryptocurrency of the world's largest cryptocurrency exchange, Binance.
Currently holding the 6th position in the market capitalization ranking.
📈 MY Opinion on BNB:
In my view, it is a strong coin, with many features and great potential, given the robust ecosystem that supports it.
BNB is one of the most relevant cryptocurrencies in the market, backed by one of the largest infrastructures in the sector.
Its success is directly linked to Binance, and its wide range of applications makes it a cryptocurrency with high appreciation potential in the long term.
📊 My Positions in BNB:
🔹 Average purchase price: $549.29
🔹 Average selling price: $694.01 (partial sales made)
🔹 Most recent peak: $793.96
🔹 Buyback point: below $540.00
🔍 BNB was launched in July 2017 through an ICO (Initial Coin Offering) and its INITIAL PURPOSE was to offer discounts on Binance trading fees.
However, over time, its utility has grown significantly, currently being widely used for:
✅ Payment of fees on Binance Smart Chain (BSC)
✅ Participation in token sales on Binance Launchpad
✅ Use on various partner platforms and services
✅ Payment for services and products
💬 Points of Reflection:
1️⃣ Do you believe that BNB can continue to appreciate in the long term, even in the face of regulatory challenges and competition from other blockchains?
2️⃣ Is Binance's success as an exchange the main factor for BNB's growth, or does the cryptocurrency already have enough strength and utility to sustain itself independently?
🔽 Share your analysis and opinion in the comments!
📌 Notice: This post only reflects my personal view and is not a recommendation to buy or sell. Always do your own research before investing!
