Binance Coin – or simply BNB crypto – is one of the most valuable cryptocurrencies in circulation… but it pales in comparison (at least in regard to value) with some of its big brothers. However, its worth lies in more than just its dollar value. That’s because, unlike many other cryptos, it’s much more than a “store of value.”
Let’s start with the easiest example. Bitcoin started the year trading just under $30,000 a token. It’s since doubled in value. Any way you slice it, that’s impressive growth. And naturally, Bitcoin has gobbled up a lot of the headlines in the cryptosphere. This makes perfect sense, of course. Bitcoin was the first crypto to elbow its way into the marketplace. So in many ways it’s the benchmark against which other coins are measured. But that comparison just doesn’t hold up anymore. Here’s an analogy.