BNB is a coin that I have been tracking for a long time. I like this coin because it has shown significant appreciation over time. This coin is backed by a leading crypto exchange called Binance, and we all know that it is the top exchange operating worldwide. The potential of BNB is amazing, and it is currently trading around $728, but with this potential, it is easily possible that the coin could cross the $1,000 mark.
We know that the coin has already made its all-time high, which was around US$1,300, and that was really a good price. So people who booked profit at that price can buy it back again because now the price is roughly half of that. With this strategy, one can easily double the holding, provided the person has taken the right decision at the right time, which seems difficult because sometimes we also get greedy, which stops us from making decisions.
I am anticipating that this coin is going to perform well in the next cycle. However, the cycle is not confirmed, and we have no idea when we are going to witness it. I heard some people say that we are going to experience a supercycle since that 4-year cycle does not exist anymore in the market. If we are going to witness a supercycle, then surely coins like BNB and many others will perform amazingly. The bigger question here is when that will happen, and the answer is really difficult because nobody can predict when something like this is going to happen.
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