Binance coin (BNB) is quickly becoming the number one utility token and the way things are going it seems like the price could follow.
Since most ICOs failed, some utility tokens haven't and are promising real utility. The growth of any company drives demand for its utility, and BNB is perfect for its users needs.
Binance originally launched BNB to offer savings to the exchanges users. Since the early days, however, the token is now being used for many more functions.
As a consequence, the token has seen astronomical growth, even if a correction has materialised since the highs of June 2019.
With Binance being the number one exchange, and the way BNB is needed to fund and develop new projects created on the blockchain, I believe BNB could be one of the big winners in the next alt season.
As well as token sales for IEOs, BNB can be used to pay for different services on the Binance Chain. It can also be used to pay for fees on any of Binance's exchanges or its DEX. Read More