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What Ronaldo NFTs on Binance Means To TRON and These Two Rivals

Market Trends

The recent big announcement from the Binance team is the coming of the Cristiano Ronaldo NFTs on its NFT ecosystem. This is big news for the BNB team. Ronaldo is a renowned football player who enjoys millions of followers on his social media platforms.

Ronaldo has over 480 million followers on Instagram and 104 million on Twitter just to mention a few of his social media platforms. Therefore, this partnership means tough competition to other crypto coins due to the expected mass adoption of the Binance NFT marketplace.

How Ronaldo NFTs Will Affect Binance Coin

The coming of Ronaldo gives Binance an edge in the market over the likes of TRON (TRX), Solana, Ethereum, and other cryptocurrencies that have NFT marketplaces. The Binance project is going to get more visibility than these crypto coins upon the launch of these NFTs.

Already the announcement of the coming of the NFTs has already excited the crypto community. This is evident from the massive comments that these announcements have gotten from various platforms, including Twitter. 

Immediately after the launch, which is happening today, 18th November 2022, these NFTs will skyrocket the adoption of the BNB coin. This is because they will be traded on the Binance NFT marketplaces, and the currency used will be BNB. That's how Binance will have an edge over TRON and other coins.

Why Bitgert and Centcex Will Remain Tough Rivals

For the last few months and the whole of 2022, Bitgert (BRISE) and Centcex (CENX) have remained the biggest competitors of Binance, TRON, and many other coins. In fact, both Bitgert and Centcex have performed better than Binance in the last few months. In fact, they have done better than all the big players in 2022.

However, the Bitgert NFT marketplace remains the biggest threat to the Binance NFT marketplace, even with the coming of Ronaldo's NFTs. The major areas that the Bitgert project will remain stronger than Binance is the cost of transaction NFTs and the speed of transactions.

Because of the zero-gas fee BRC20 blockchain that the Bitgert team just launched and the 100k TPS the chain offers, the Bitgert NFT marketplace is deemed more powerful than Binance. Therefore, the coming of Ronaldo will not make BNB better than BRISE and CENX in the long run.

Bottom Line

As the Ronaldo NFTs launch today, Binance coin (BNB) might post a spike in price performance. However, it will not grow better than Bitgert (BRISE) and Centcex (CENX) in the long run.

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