BNB is the native token of the Binance ecosystem, used for payment of fees, participation in Binance Launchpad, staking, and other financial transactions. Originally issued as an ERC-20 token, BNB later migrated to its own blockchain, BNB Chain (formerly Binance Smart Chain).
🔹 Key features:
Price: (check current)Market cap: Top cryptocurrency by volumeConsensus algorithm: Proof-of-Staked Authority (PoSA)Main use: Fee payment, staking, DeFi, NFT, token launch
Detailed entry/exit plan for BNB:
📌 Login:
Buying in the area of strong support levels (for example, if the asset tests the 200-day moving average). Entering on pullbacks after a rapid rise (38.2% or 50% Fibonacci). Using DCA (Dollar-Cost Averaging) for long-term investments.
📌 Exit:
Profit taking near key resistance levels or ATH. Partial exit when the market is significantly overheated (RSI > 70). Exit the position if Binance or BNB fundamentals change negatively.
Risks and prospects
🔺 Risks: Regulatory pressure on Binance, possible hacker attacks, volatility.
🟢 Prospects: Mass use in Binance, DeFi sector, new integrations.
Conclusion: BNB remains one of the strongest coins due to its connection to the largest exchange. Strategy – buy on corrections, partial exit on peaks.
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