Binance Chain Could Send Ethereum Price Back to Double-Digits: Analyst

Crypto exchange Binance has launched its custom blockchain solution Binance Chain on April 18. But the move might threaten to burn a hole in Ethereum’s pocket.

Telegram-based market analysis and trading log, the Gem Club, said Thursday that new cryptocurrency projects had no benefit while choosing the Ethereum blockchain over Binance Chain. The analyst noted the new custom chain could replace Ethereum when it comes to listing projects and issuing their tokens.

BNB is going to have a...

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