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RE: Ethereum EIP1559 Approved - The End of the Binance Gold Rush?

in LeoFinance4 years ago

Great article. It will definitely be interesting to see the implementation and how much reduction in gas fees we could achieve. People sure trust ETH due to all reasons that you mentioned in the article. But, I doubt Binance Smart Chain will go back to where it was before. It will still be cheap. Not all but few BSC coins will survive And, as we have seen with bLeo, more and more projects are making their products chain agnostic/compatible making things easier for users :)

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more and more projects are making their products chain agnostic/compatible making things easier for users :)

That is a good point. I see what you're saying, making a project's token compatible on two chains makes sense as you're giving the project even more chance for success.

I guess my main point about BSC is that ETH sorting out the gas fees could see the end of the BSC gold rush. It might not go down catastrophically, but if ETH gets its act together I think BNB and BSC coins level out their growth curve 😂

I agree with your point. We already are seeing price correction with top BSC defi coins. But, BNB could be a beast that will feed into other waves like BSC NFTs. Let's wait for things to develop.