$BNB (Binance Smart Chain) is hitting the crypto world in stride. Going from $38 and approaching in on $600 once more. What a crazy ride. I have been buying this along the way and honestly should have just held instead of trading it but it has become a force to reckon with. The fees are immensely lower than ETH with the same if not better computing skills and power.
Many projects are moving over to the BSC chain because of fees and there is no doubt that fees are going to play a HUGE role as the crypto projects grow. What was stunning was as BNB held above 200 it appeared that there were buyers that had an endless bid there. It would not drop. I am not sure how much CZ and Binance actually own on BNB but this was very interesting. Even as crypto had some pressure the endless bid was there. There is no doubt it is growing rapidly but can it keep growing? And this is why it is important to talk about and understand. The real question is...
is BNB for real, or has CZ cornered this market?