Currently cryptocurrencies are going through a time of high volatility, caused mainly by problems in BTC splashing to other alternative currencies, but there is one that follows its own path, without being affected by the fall of others, it is known as the currency of transactions, we present the case of Binance.
Success in the Storm
The reason that BNB, the currency of this successful platform, is running to development while the others are reeling is due to its risk management, responding correctly when deciding not to improve the uses of the currency, but to expand the efficiency of its platform , making impacts such as offering promotions and launches of several tokens, including yours, which makes it a positive currency to invest.
In addition, users who trade with BNB can cut commercial rates in half instead of directly. Binance is constantly expanding with the news that it will soon offer Malta fiat operations and another move to Jersey to take advantage of the UK market, keeping the exchange at the top of its game.
Although this decision is considered as a leap of faith by EthereumWorldNews analysts, because others have tried, but failed to not have a positive response from the market.
They think that the success of Binance happened to be able to predict this volatile and complicated market, causing that it is able to determine its own way and to separate itself from the fall of the others.
Today the currency has a value of US $ 16.95, standing as one of the 15 best coins in the crypto market, with the data and graphics extracted from CoinMarketCap.
The analysts of EthereumWorldNews when studying the behavior of this currency were aware of the fact that currently the resistance of the currency is at US $ 17.05, explaining that if they manage to overcome this, they will enter their period of sustained growth, stating that it could be achieved in the best case, a price between the range of US $ 50 to US $ 70 by the end of this year.
Can others imitate it?
This is a question that has been discussed in various forums, reaching a negative conclusion in most cases, because the fall has impacted both the currency that now require original and individual changes, copy Binance methods could even make them worse .