WHY #BNB is different from #FTT❓👇
➡️ In the past few days, several people have claimed that BNB is the next FTT just because of some chart similarity and the fact they both are exchange tokens.
➡️ Remember that during a bear market, most of the #Crypto charts look similar.
➡️ BNB acts as fuel for the BNB Chain.
Some stats about the #BNBChain 🔍🔍
📌 TVL: $3.45B (3rd highest even after last week's crypto bloodbath).
📌 Daily active users: 1.19M (Highest)
📌 Daily transactions: 3.5M (2nd highest)
➡️ Along with that, BNB is also used for getting trading discounts, participating in #Launchpad, earning staking yields, and much more.
➡️ The primary reason BNB is dropping now is because people are fearful about the $200 million liquidation on @VenusProtocol , about which @cz_binance has already clarified that Venus DAO has voted to whitelist BNB Chain as the sole liquidator of the BNB exploiter address.
➡️ So, just because two projects have a few similarities, you can't say their fates will be the same. It's like comparing #Bitcoin with any random POW coin because they have the same consensus.
Nothing is certain in this crypto market so always remember to always #DYOR, as markets have the tendency to transfer wealth from the impatient to the patient.
To celebrate @Binance launching #BAB Token, #Era7 will release #TruthNFT for the BAB Holders who complete our Truth Task✨
Truth NFT will guarantee you exclusive benefits in the subsequent game activities!
✅@Quest3_xyz Task link:https://t.co/hZMSt28Jps
#BNBCHAIN#BNB#NFT#ERA