What is the next big plan for BNB

[Crypto Fella]

As we see BNB keeps growing and along the line CZ stepped down for whatever reasons, the movement of BNB has not been too interesting compared to when it just came and was always on the rise, it was a hot coin then but now it seems the token's velocity has reduce.

What went wrong, was there anything wrong in the first place or there has been a reduction in the plans and activities for it. Any technical explanation for what is happening to it now?

[joniboini]

I believe many factors push BNB up, exclusively linking that to CZ is a bit too much IMO. Not to mention the recent BTC swings affect all adults, so it should not be a surprise if BNB is also dumping. I think you can follow their social media to see whether they have a new plan for BNB or not. I'm pretty sure they will try to follow the trend just like what they've been doing in the past. If anything I hoped they'd tone down their launchpad a bit since it seems there've been too many projects that the novelty wears off. Kinda similar to how ICO lose its attraction in the past.

[MrSpasybo]

I believe many factors push BNB up, exclusively linking that to CZ is a bit too much IMO. Not to mention the recent BTC swings affect all adults, so it should not be a surprise if BNB is also dumping. I think you can follow their social media to see whether they have a new plan for BNB or not. I'm pretty sure they will try to follow the trend just like what they've been doing in the past. If anything I hoped they'd tone down their launchpad a bit since it seems there've been too many projects that the novelty wears off. Kinda similar to how ICO lose its attraction in the past.

I believe that Launchpool and Launchpad have helped Binance regain market share after the FUDs and the $4B fine. New tokens have seen significant growth immediately after IEO but have still accepted the general market adjustment under pressure from many negative news.

I think that in the future, if the FED reduces interest rates, the crypto market will also grow and the tokens from new IEOs on Binance will explode extremely strongly thanks to the support of large investment funds. BNB itself is also a potential token supported by Binance and BNB chain ecosystem, it will still be a token worth investing in and holding in this bullrun!

[Muneeb22]

BNB is a good coin and through this coin so many peoples will make good money. This time so many peoples will start staking in this coin and also so many investors this coin becasue the future plan of this coin is very high and it will touches the $2600 in a short time.

[joniboini]

What makes you so sure about that? The current price for BNB is around $560. Reaching $2600 means more or less 5x gain, even if it did happen how quickly are we talking about here? I don't remember seeing any new hype about BNB, which social media/forums/platform you used to determine that people will pump it asap? I'm on the camp that it is a solid pick for long-term holding, but I'd not bet on BNB pumping 5x within a week or so. CMIIW.

[Husires]

I think that in the future, if the FED reduces interest rates, the crypto market will also grow and the tokens from new IEOs on Binance will explode extremely strongly thanks to the support of large investment funds. BNB itself is also a potential token supported by Binance and BNB chain ecosystem, it will still be a token worth investing in and holding in this bullrun!

After the employment data and the recent readings of the US market, I believe that we are ready for a near interest rate hike, but if this happens, liquidity will go to Bitcoin and Ethereum, considering that the profit is guaranteed and good.

So if there is no change in interest rates, no more projects will go to BNB and its value will not increase.

If there is a change in interest rates, liquidity will go to Bitcoin and the value of BNB will not increase.

I do not expect anything special in the bull market, but the situation may be different in the bear market.

[MrSpasybo]

After the employment data and the recent readings of the US market, I believe that we are ready for a near interest rate hike, but if this happens, liquidity will go to Bitcoin and Ethereum, considering that the profit is guaranteed and good.

So if there is no change in interest rates, no more projects will go to BNB and its value will not increase.

If there is a change in interest rates, liquidity will go to Bitcoin and the value of BNB will not increase.

I do not expect anything special in the bull market, but the situation may be different in the bear market.

Currently, the probability of the FED cutting interest rates in September has become very high, ironically causing investors to feel anxious rather than optimistic. They fear history repeating itself and the FED once again being too late in cutting interest rates, plunging the market into a financial crisis. The crypto market has also been negatively affected, but the BNB price continues to be held above $500. I think this is a good signal for BNB and the entire BNB chain ecosystem.

I still expect a bullrun after interest rates are cut, although the volatility immediately after that event will be very crazy. Money can't stay in BTC or ETH forever, in the long term, money will still flow into the crypto market and the BNB chain will also receive momentum to grow and develop.

[LogitechMouse]

As we see BNB keeps growing and along the line CZ stepped down for whatever reasons, the movement of BNB has not been too interesting compared to when it just came and was always on the rise, it was a hot coin then but now it seems the token's velocity has reduce.

What went wrong, was there anything wrong in the first place or there has been a reduction in the plans and activities for it. Any technical explanation for what is happening to it now?

There's nothing wrong about it. It's just that, they've been at the top for a very long time that no other exchanges comes near to them especially in terms of popularity. BNB being a hot coin? Nah, I don't think so. It just became popular when they created BSC and aside from that, the hype went down, but they still remain popular.

There was nothing wrong with them and no technical explanation to what you're feeling as you created this thread. Like I said, it's pretty normal for a company to not release anything whenever they know that they're on the top already. Of course, that doesn't mean that they will not release any new features on their project or app anymore. They need to so that their popularity will remain on the top.

[Lucius]

I think that the next big plan would be how the company tries to prevent their token from losing another 25% in value, because in the last 2 months that drop is as much as 27%, which certainly causes a certain fear of further collapse in many people.

I would say that the token price is only a reflection of trust in the company, and after everything that has happened, I am not surprised that this trust is much less than before.

[Husires]

I still expect a bullrun after interest rates are cut, although the volatility immediately after that event will be very crazy. Money can't stay in BTC or ETH forever, in the long term, money will still flow into the crypto market and the BNB chain will also receive momentum to grow and develop.

Interest rate expectations will be seriously tested by what happened in the past hours but BNB at its current value is almost bigger than binance even though it is supposed to be part of binance. So it is time to replace binance but it did not happen because the closest competitor is very bad.

[armanda90]

I don't have big plan for BNB except take profit as possibility before price dropping drastically, I know how trusted with BNB coins because as Binance exchange coins they have many offer for holding but can't guarantee keep higher price. Last two days, BNB price dropping drastically and reach to $400 from most higher price above $600.
I think take profit when having moment they pre pare to buy back when price of BNB decreasing, take big plan with BNB after success buying back on lower price and hold it for longer time until how possibility with BNB up to $1k in short term during staking for launchpool project in Binance exchange.

[MrSpasybo]

Interest rate expectations will be seriously tested by what happened in the past hours but BNB at its current value is almost bigger than binance even though it is supposed to be part of binance. So it is time to replace binance but it did not happen because the closest competitor is very bad.

Investor fear has created wild market swings in the past few days, and BNB has also faced a drop from $575 to $400. The price of the BNB token is perhaps not dependent on the value of Binance; it simply comes from investor expectations of future returns based on the potential of the BNB chain and the token burning event from Binance CEX.

Binance has gone through tough times and lost market share to other competitors such as ByBit and Bitget, but Binance is still much larger than them. I don't think Binance will be defeated in the crypto market anytime soon, unless it encounters an extremely bad event related to hackers or legal issues. That possibility is also very low because Binance has SAFU and is trying to comply in order to survive and develop after the explosive period under CZ.

[KryptoBull]

I don't have big plan for BNB except take profit as possibility before price dropping drastically, I know how trusted with BNB coins because as Binance exchange coins they have many offer for holding but can't guarantee keep higher price. Last two days, BNB price dropping drastically and reach to $400 from most higher price above $600.
I think take profit when having moment they pre pare to buy back when price of BNB decreasing, take big plan with BNB after success buying back on lower price and hold it for longer time until how possibility with BNB up to $1k in short term during staking for launchpool project in Binance exchange.

Earn, staking, launchpool & launchpad, token burn... are all methods that Binance has applied for many years to support BNB price in the market. It is indeed valuable but not enough to help BNB price increase strongly when investors have become accustomed to this. Binance really needs new initiatives to boost the value of BNB in the Bnb chain ecosystem.

Restaking and L2 are big trends that have been very successful. It would be better if we saw them operating on the Bnb chain instead of just within the Ethereum ecosystem. RWA and AI trends are also very attractive, but unfortunately, they are not happening on the Bnb chain. I believe that to create a price increase for BNB, Bnb chain needs to support more trends and at the same time have enough budget to support potential projects in these trends to help the Bnb chain become more vibrant and have more users.

[hugeblack]

If your investment is based on betting on the success of a company why not choose the stock market. BNB is good as a short term investment, trying to reduce your fees but I did not consider it as a long term investment even though its value is increasing.

[Fivestar4everMVP]

As we see BNB keeps growing and along the line CZ stepped down for whatever reasons, the movement of BNB has not been too interesting compared to when it just came and was always on the rise, it was a hot coin then but now it seems the token's velocity has reduce.

What went wrong, was there anything wrong in the first place or there has been a reduction in the plans and activities for it. Any technical explanation for what is happening to it now?

No asset in the world, no matter how good, will continue to grow forever, they all have their time, and once their time of reigning is over, they either become more stable in price, or start to decline non-stop.

BNB is a good crypto assets, with lots of usecaes, and this is why the price have remained relatively stable, only crashing significantly when ever there is a major crypto crash.
And to say what I do think, I personally see a better potentials for BNB than I see for ETH, and with CZ returning back soon, there is definitely some hopes that BNB will possibly return back to its glory days again some day, specially when the bull run comes.