Accumulate Bancor before its too late.
BNT
Justin Howard
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Joshua Young
When is this shit gonna pump again? Can it hit $10?
This token has been killing it for 2 weeks straight.
Thank you biz for this one.
Wyatt Wright
$1 this week?
Benjamin Cruz
Lincoln Robinson
BNT the ultimate alpha chad token. fucking rips it
Carson Powell
already done long time ago
not selling anytime soon
so comfy
Bentley Wilson
Seriously. This one just wins.
A ton of hype everywhere about their new liquidity pool design and how all DEX liquidity in defi will converge on Bancor.
Coinbase soon?
Carson Green
“The most undervalued project among its peers is Bancor, with a ratio of 56. This value is in line with some technology stocks, where PE ratios are generally higher than for established industrial companies.”
Justin Mitchell
why is this pumping? i remember everyone getting BTFO back then lmfao
Andrew Perry
The combination of Bancor V2, BNT being highly undervalued, and an upcoming staking rewards system (similar to Synthetix) has the potential to make Bancor's liquidity pools the strongest and largest in DeFi and to generate massive use and exposure for BNT.
Grayson Moore
no thanks you jewish scamers
Isaac Russell
don't forget USDB minting using BNT as collateral.
David Edwards
Can you explain that a little more detail? Is it a stable coin USDB and what is its use inside the network?
Anthony Torres
wish i put way more money in this... crazy run up so far. been trading it on the way up, now waiting for a pullback to $0.50 before loading up more
Jacob Mitchell
Yeah i put some in at 40 ish cents then bought more yesterday thinking it pulled back now its dumping so i feel like my timing was shit but anyway im all in now and I think this is a powderkeg waiting to erupt.
Dominic King
yeah as long as TVL keeps steadily rising, hard to see how this isnt a good bet
Sebastian Lewis
>maybe my picture of a smoking hot girl will convince them to do something idiotic
Gabriel Diaz
what is tvl and what is usdb
how much a make it stack
Robert Rivera
tvl is total value locked, meaning the amt of $ deposited into bancor network protocol (check on defipulse.com
i can see bnt cannabilizing uniswaps marketshare, getting to maybe 60M TVL. not expecting token price to do more than 2-3X at this point however
Xavier Price
why not go more than 2-3x
Kevin Roberts
im just doing a relative comparison with other defi projects that have launched link integrations successfully.
AAVE (LEND): TVL = 65M, MC = 75M
SNX: TVL = 116M, MC = 82M
lets say BNT is as successful as these other defi projects, that takes it current market cap of 40M to maybe 80M which is a 2X. ofc it's fees and token structure completely different, but still u can get a relative idea of what it might be worth if it sees similar adoption pattern to these other defi projects
Asher Rogers
Are you factoring in that if they solved the impermanent loss issue with Uniswap and the fact that the inflation staking rewards goes to those who lock up BNT on the platform. Could this potentially cause even more of a pump beyond 2-3x?
Leo Powell
Yes. $2 is inevitable. The journey may take a couple of months but you will be there. Some point to a double digit BNT but that's unlikely. However, given the performance of LEND and SNX its not out of the realm. Whatever you decide to do, be patient and don't put more than you can afford to lose.
Jonathan Jones
Forgot to add, there is already a liquidity problem with BNT. Binance no longer controls the price of BNT (by supply) and they are forced to follow fake-vol exchange like coinbene. In a couple of months none of this will matter, TVL will dictate the price.
Oliver Russell
Will the liquidity problem contribute to the bullish case or bearish case for future price? I agree with you on TVL though more value locked in Bancor thats a good sign for BNT>
Ayden Johnson
u think it will pull back that far before firing up again? BNT did the same thing earlier this week. I was waiting for it to go lower but then it just started moonshotting wildly and i missed my entry.
Christopher White
If BNT price rises, TVL rises and vice versa.
Right now it’s mostly price (BNT buying) pushing TVL up, but once Bancor V2 is out in early July, lots of liquidity will start flowing into Bancor’s new pools and this will push the token price up hard.
Austin Powell
If I’m not mistaken, most BNT supply is on the Bancor DEX itself ( bancor.network ) and due to the BNT supply shortage on Binance, there is a big arbitrage opportunity between bancor.network and Binance. Arbs have been filling the gap and profiting from it.
Christian Green
Based on what happened with Kyber's KNC, which recently jumped from around 120th on CoinMarketCap to a top 50 token in less than a few months, it seems feasible for BNT to rapidly progress along a similar trajectory at this rate. If there’s a Coinbase listing that will seal the deal.
Jose Turner
Sound advice user. There are definite similarities when comparing BNT’s current run up with SNX’s turn around in late 2019.
Not only do the charts look very similar, but the impetus that sparked the price rise is also very similar and related to a strategic token redesign and eventual implementation of staking rewards / inflation.
Samuel Jackson
If Bancor has really solved these issues with AMMs, it could for sure overtake Uniswap as the #1 DEX. And unlike Uniswap, Bancor has a protocol token to capture value, BNT. This means that more liquidity flowing into the protocol increases demand for BNT.