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Detail

This Altcoin – NOT Dogecoin or Shiba Inu – Jumped 1,344% in 2021

According to Arcane Research’s Summary of 2021 in Crypto report, Binance Coin (BNB) had a stellar year marked with a 1,344% gain. While Bitcoin and Ethereum also...
This Altcoin – NOT Dogecoin or Shiba Inu – Jumped 1,344% in 2021 This Altcoin – NOT Dogecoin or Shiba Inu – Jumped 1,344% in 2021

According to Arcane Research’s Summary of 2021 in Crypto report, Binance Coin (BNB) had a stellar year marked with a 1,344% gain. While Bitcoin and Ethereum also ended the year in the black, their respective returns of 73% and 455% were anemic by comparison. All are currently ranked in the top four projects by market capitalization: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Binance Coin.

It’s important to note that BNB is the native coin of the largest crypto trading exchange by volume in the world, Binance, and of the Binance Smart Chain (BSC). The BSC platform enables smart contracts, which are necessary for DeFi services and it has low-cost transactions. Those low fees have helped siphon market share away from the current smart contract market leader – the Ethereum blockchain.

Earlier this year, the Ethereum blockchain handled more than 95% of NFT and DeFi transactions. However, the Ethereum network still has scalability and congestion issues that won’t be resolved until upgrades to the blockchain are in place with the rollout of ETH 2.0.

Given the current limitations on the Ethereum blockchain, it has had difficulty keeping up with the network volume demands from the record-setting growth of NFT and DeFi transactions. As a result, the ETH blockchain allows users to “bid up” the fees to complete a transaction, which have been as high as $100-$200 range to complete a purchase during peak periods.

Those costs have anecdotally been higher than the value of the actual NFT asset or DeFi transaction itself. The Arcane report cited that the average transaction fee on Ethereum was $21, while it was $3 for Bitcoin fees. Other blockchains such as Binance’s, Solana, Polygon, Energi, and others have fees that are as low as a few pennies.

Despite its impressive run-up last year, and based on its current market capitalization, BNB still has room to run and could still see additional gains of 3-5x in 2022 but this is not financial advice and you should always do your own research.

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18-01-2022 10:40:41 (UTC+7)

EUR/USD

1.1353

-0.0053 (-0.47%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

EUR/USD

1.1353

-0.0053 (-0.47%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

GBP/USD

1.3585

-0.0060 (-0.44%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

USD/JPY

114.56

-0.04 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (8)

AUD/USD

0.7190

-0.0019 (-0.27%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

USD/CAD

1.2515

-0.0003 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (6)

EUR/JPY

130.06

-0.66 (-0.50%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

EUR/CHF

1.0405

-0.0019 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Gold Futures

1,818.55

+2.05 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Silver Futures

23.527

+0.609 (+2.66%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Copper Futures

4.4180

-0.0025 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Crude Oil WTI Futures

84.77

+1.47 (+1.76%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (2)

Brent Oil Futures

87.48

+1.00 (+1.16%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Natural Gas Futures

4.308

+0.046 (+1.08%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (8)

US Coffee C Futures

239.10

-0.55 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

4,261.45

-40.69 (-0.95%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

S&P 500

4,595.09

-67.76 (-1.45%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

DAX

15,791.54

-142.18 (-0.89%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

FTSE 100

7,569.96

-41.27 (-0.54%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (9)

Hang Seng

24,112.78

-105.25 (-0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,114.60

-46.95 (-2.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

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Sell (8)

IBEX 35

8,776.04

-62.66 (-0.71%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

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Sell (8)

BASF SE NA O.N.

67.970

-0.170 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (4)

Bayer AG NA

51.74

-1.08 (-2.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Allianz SE VNA O.N.

225.85

-1.20 (-0.53%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (6)

Adidas AG

255.78

+3.13 (+1.24%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Deutsche Lufthansa AG

7.125

-0.116 (-1.60%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Siemens AG Class N

143.11

-2.89 (-1.98%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (1)

Deutsche Bank AG

11.955

-0.063 (-0.52%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

 EUR/USD1.1353↑ Sell
 GBP/USD1.3585↑ Buy
 USD/JPY114.56↑ Sell
 AUD/USD0.7190Buy
 USD/CAD1.2515↑ Sell
 EUR/JPY130.06↑ Sell
 EUR/CHF1.0405↑ Sell
 Gold1,818.55↑ Buy
 Silver23.527↑ Buy
 Copper4.4180↑ Sell
 Crude Oil WTI84.77↑ Buy
 Brent Oil87.48Sell
 Natural Gas4.308↑ Sell
 US Coffee C239.10↑ Sell
 Euro Stoxx 504,261.45↑ Sell
 S&P 5004,595.09↑ Sell
 DAX15,791.54Sell
 FTSE 1007,569.96↑ Sell
 Hang Seng24,112.78↑ Buy
 Small Cap 20002,114.60↑ Sell
 IBEX 358,776.04↑ Sell
 BASF67.970↑ Sell
 Bayer51.74↑ Sell
 Allianz225.85↑ Sell
 Adidas255.78↑ Sell
 Lufthansa7.125Neutral
 Siemens AG143.11Buy
 Deutsche Bank AG11.955↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
(-5/ -5) # 1,167
SJC HCM6,110/ 6,170
(0/ 0) # 1,183
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,185
SJC Danang6,110/ 6,172
(0/ 0) # 1,185
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,185
SJC Cantho6,110/ 6,172
(0/ 0) # 1,185
Cập nhật 18-01-2022 10:40:43
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,817.71-1.62-0.09%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
ↂ Giá dầu thô thế giới
WTI$84.68-1.03-1.23%
Brent$86.97-0.88-1.02%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.560,0022.870,00
EUR25.241,6226.656,50
GBP30.202,2531.491,85
JPY191,95203,20
KRW16,5120,11
Cập nhật lúc 18:54:36 18/01/2022
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