BNB is half the price now from its ATH

BNB is a kind of coin in the market which is considered as a valuable coin and the reason is that because it is from a very popular worldwide exchange. The exchange is growing and expanding its operations in a lot of countries, which means it is going to get more adoption, and with that, the demand for BNB coin is also going to rise.

In any market, the price is determined based on supply and demand, so if there is more demand with the same supply, then the prices are expected to increase. This is how the overall token economy works. Now BNB gone down where it's all time high price, which was more than 1200 US dollars, and currently it is trading around 620 US dollars. So, from its all-time high price, now this coin is available at 50% discount. Booking is really important, but I think a lot of people would have missed it because they must have been expecting that the BNB price is going to be around 1500 US dollars or maybe more.

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I also did not book the profit because I was expecting great appreciation, which did not happen, but it's fine. Now this price is down by 50%, which can be an alarming situation for a lot of people who invested in the coin when its price was much higher than what it is now in the market.

I still believe that BNB has the potential, and it will grow, which I think can be a matter of time, so obviously, we don't know when is it going to happen when the price for BNB will grow exponentially but it is hard to talk about the time when we will see a great rally coming to the BNB price in the market.

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