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Hi my family and friend welcome back do my daily update and to our new friends who recently joined us we receive you with warm heart and you will never regret joining us. Lets get into today's article and see what we have in-store from BINANCE Smart Chain and Crypto.com.
Binance Smart Chain
This is the Binance Network on which smart contracts and applications are running on and they run as BEP-20 for Binance Smart Chain and BEP2 for Binance Chain. Its native token is called BNB and is ranked number 3 on the coin market cap with circulating supply of 166,801,148.00 BNB. Binance Smart Chain is the Biggest rival of Ethereum smart contract. When 10 tokens are listed you will see that 7-8 will be BEP20 and 2-3 with be On Ethereum Network.
When Binance was first launched it was trading at around $0.11 but now its trading at $577. For those who got in earlier they are eating. You would wonder why BNB Network is hitting the wave an becoming a big rival for Ethereum. Currently Ethereum is facing challenges with higher transaction fees which makes it unfavorable to work with it whereas Binance is very cheaper. Binance got powerful because because its trying to correct the errors on Ethereum so every Mainnet which comes in trying to perfect Ethereum will sky rocket.
Crypto.com CRO
This is the native token for the Cronos Mainnet which was launched on 8 November and its promising fireworks. Its Capitalization increased and its now sitting at $ 12,516,561,981 and the daily volume is $1,042,755,229 and this figure increased with more than 150% from 1 November and with its listing on COINBASE which proved to be successful.
The above screenshot its of Crypto.org Explorer and as we can see it has all the detail showing the price and the capitalization all you need to know is there. Since the Mainnet went live on 8 November but the transactions are now more than $5.4 million and they have 100 validators and also rewards are also shown on the mainnet. This CRO is proving to be a threat as it has lower transaction fees of $0.002 CRO which is almost nothing.
Looking at the current price structure of CRO we can see that it is very bullish and i am sure by en of this year the price will be trading above $0.85 per coin and its promising fireworks. CRO is among big exchanges and if it gets listed on many big exchange platforms it will sky rocked as this will increase its capitalization and daily turnovers and by en of 2021 we expect CRO to be in the top 15.
