In the past four weeks BNB has gotten a new road map, demand for the financing coin has increased considerably, resulting in networkwide delays. However, while the transactions at full capacity are almost seamless for BNB, it has caused a problem for retailers.
The market activity now looks like a wave before a final blow-off top, megabyte in which traders expect the price to be raised beyond $1,000, has gone well in the past six months.
The figure above illustrates again the increase in social volume, since the price correlates very closely with the social volume. The stock is now over $684, it is possible to see a fast advance in the pricing surge just one month before BNB breaks its ATH.
BNB is the dominant altcoin in trade after Dogecoin at present. As far as trade demand is concerned, the BNB is number two on exchange of derivatives. The details from Coingecko are dependent on this. HODLing BNB is perfect for short-term dealers because the altcoin has reached a new ATH over the weekend.
Based on this figure, the ROI is almost 50 percent in the short term (30 days). In the long run, ROI is higher. But the market has improved after the Altcoin reached the next ATH based on the latest feeling in chains. While Twitter crystal is expected to turn around Ethereum by Binance, the network impact could have taken up a price of ETH over $4,000. It could be far-fetched. Despite the high ETH network impact and the coming half-life, BNB is one of the top exchanges. BNB will probably rally more.
Actually the value of the trade is $27 million for #2, and the modified NVT ratio is $27 million for the last 24 hours. This indicates that the feeling is neutral at the moment. The market for Binance Coin is growing with almost 3000 active addresses and along with the rally of prices the number of unique and active addresses is increasing. Over the course of the last 24 hours almost 4000 transactions have been achieved on the BNB network and the price is predicted to rise.
