BNB - Burning coins > Printing fiat

Binance is a unique ecosystem of decentralized, blockchain-based networks. The company has grown to be the leading crypto exchange in a number of countries, and their side organizations are attracting significant interest as well. One of the biggest competitive advantages Binance has is its drive for development. While the company started only as a crypto exchange back in 2017, today, Binance has spread its services among numerous different spheres. According to the company website, its mission is to become the infrastructure services provider for the entire blockchain ecosystem. Since launching the Binance Coin, the exchange has also benefited from increased investor interest in the token. BNB went through a significant price increase at the beginning of 2021, which has put it on the map of enterprise investors. https://coinmarketcap.com/currencies/binance-coin/ 

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BNB - Burning coins > Printing fiat

Jun 2, 2021

bullish

general Analysis

[< 1 min Read]

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Binance is a unique ecosystem of decentralized, blockchain-based networks. The company has grown to be the leading crypto exchange in a number of countries, and their side organizations are attracting significant interest as well.

One of the biggest competitive advantages Binance has is its drive for development. While the company started only as a crypto exchange back in 2017, today, Binance has spread its services among numerous different spheres. According to the company website, its mission is to become the infrastructure services provider for the entire blockchain ecosystem.

Since launching the Binance Coin, the exchange has also benefited from increased investor interest in the token. BNB went through a significant price increase at the beginning of 2021, which has put it on the map of enterprise investors.

https://coinmarketcap.com/currencies/binance-coin/

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BNB

binancecoin

236.04

-1.74
-0.73%

Return

-41.89%
Change % Since Posting
-170.19
Change Since Posting
406.23
Price When Posted

Metrics

507.01
Target Price
8/ 10
Confidence
2-6 Months
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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