Since today is new Binance launch and coin named SAGA I think it is propriate time to have a nice conversation about BNB
In this article you can read about BNB, I prepared some graphs where my next entry levels will be, popular coins on BNB Chain, a word or two about its DEX Pancakeswap and at the end coins that are going to be listed on Binance in near future and are already backed by Binance Labs
Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.
Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects
Who Are the Founders of BNB's
Changpeng Zhao is the founder and CEO of Binance. In 2001, Zhao joined Bloomberg as head of tradebook futures development. He spent four years with the company and later joined Fusion Systems as a partner.
Since 2013, Changpeng Zhao has been actively involved with blockchain technology and cryptocurrencies. He became head of development at Blockchain, and in 2015 he founded BijieTech. In 2017, Zhao officially launched Binance, and he has been the CEO of the company ever since
He Yi is a co-founder and chief marketing officer at Binance. She started her career as a TV anchor and presenter on China Travel TV in 2012. Later, in 2014, Yi co-founded OKCoin, which was the largest fiat-to-crypto exchange in China at the time. In 2017, she joined forces with Changpeng Zhao, and together they created the largest crypto exchange globally — Binance
Bnb has given us some nice gains this year and I expect the same in the future. In this graph you can see my next entry levels ( in green ) where I am going to load up more. I am always keeping some BNB just because the rewards from launches are very sweet
I see some correction on BNB it is just a normal thing in crypto world but if BNB goes below 200 dollars we will have a different conversation. I think this is not going to happen and I see BNB double around 1000 bucks
Popular coins on BNB Smart Chain and Cake
If you are interested in any of those projects please do your own research some can be very volatile. The one I am going to represent to you is PancakeSwap. In next graph you will see my entry levels ( in green ), exit strategy ( in red ) and how I project the pattern will go in future
On each red line I will convert 15% of CAKE into BNB and leave some for happy days
Projects backed by Binance Labs
Don't confuse Labs whit Binance it is not the same entity but project in Binance Labs usually launches on Binance platform
Check if you have any of those projects in your portfolio if not learn about them and participate in public sales where you can get them very cheap
Hope you learn a thing about the platform you do your trading and I really appreciate you take your time reading this article
I have nothing but mad love and respect for you wish you safe trading and stay GOATED wherever you are in the world