BNB/BTC 1D Bollinger Bands Compressing
1D Bollinger bands are moving inwards. Of course it could go in either direction. But let's remember:
BNB is the token powering the world's biggest cryptocurrency exchange (the fastest start up in history to reach unicorn status and now more profitable than Deutsche Bank after just eight months of operations). The original supply of BNB was 200 million. Binance uses 20 percent of its profits plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned.
BNB has multpile forms of utility: info.binance.com/currencies/binance-coin
When Binance evolves into a decentralized exchange BNB willl be the token powering that.
Article: oracletimes.com/binance-bnb-rocks-the-business-world-the-coin-fuels-a-new-era-of-token-based-exchange-models/
....with the crypto market looking like it's heating up again you could do much worse :)
BNB is the token powering the world's biggest cryptocurrency exchange (the fastest start up in history to reach unicorn status and now more profitable than Deutsche Bank after just eight months of operations). The original supply of BNB was 200 million. Binance uses 20 percent of its profits plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned.
BNB has multpile forms of utility: info.binance.com/currencies/binance-coin
When Binance evolves into a decentralized exchange BNB willl be the token powering that.
Article: oracletimes.com/binance-bnb-rocks-the-business-world-the-coin-fuels-a-new-era-of-token-based-exchange-models/
....with the crypto market looking like it's heating up again you could do much worse :)
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