Binance Coin Price Predictions: How Much Will BNB Be Worth In 2021 And Beyond?

Will BNB go up or crash? Read our Binance Coin Price Prediction 2021 – 2030

Last Updated October 7th 2021
17 Min Read

How Much Will Binance Coin Be Worth In 2021 And Beyond?

On the hunt for Binance Coin predictions? Or have you been struggling to answer the question ‘is BNB a good investment?’ Read on. Find out the top Binance Coin BNB Price prediction forecast for 2021 and beyond and discover how much BNB could be worth in 2021-2030.

The market-wide bull run that gathered speed in December 2020 has sent the price of most major cryptocurrencies soaring. But although the media may be consumed with the performance of Bitcoin, one of the most exciting developments has got to be Binance Coin (BNB), which has generated a return on investment (ROI) of 402,637.44% since its launch. 

In an impressive market take-over, BNB has elbowed its way past the competition to become the world’s third-largest cryptocurrency. Back in December 2020, it was the 10th largest — which means it has outstripped big names such as Tether, Ripple XRP, and Litecoin to nab its spot. It’s the first time that Tether has been knocked from its perch in years. So, with such a staggering bull run under its belt, what could be next for Binance Coin? 

According to the recent long-term forecast, Binance coin price could cross the $800 mark price by the end of 2021, rising to $1,250 by the end of 2022 and $2,500 by the end of 2025. Binance coin will rise to $4,000 in 2027, and $8,500 in 2030.

In this article, we’re revisiting the top investment analysts to see what they believe is in store for the price of BNB. At the time of writing, Binance coin has a price of $442 and a market capitalization of $74B. We’ll be examining whether this record-breaking performance is likely to continue in 2021-2025, to answer the burning question ‘is Binance Coin a good investment?’ 

As you can probably guess from the name, Binance Coin is issued by the popular cryptocurrency exchange, Binance. A portmanteau of ‘binary’ and ‘finance’, at the time of writing Binance trades around $41 billion in a 24-hour period and is the biggest crypto exchange in the world by a substantial margin. Part of its success is thanks to its in-house matching engine that matches users who are looking to buy and sell the same asset simultaneously.

Read on to discover some of the key Binance Coin (BNB) price predictions for 2021 and beyond.

If you want to invest in BNB quickly and easily, check out eToro Exchange!

What Is Binance Coin (BNB)?

As we mentioned in the introduction, Binance Coin is a digital asset that’s launched and issued by the Binance exchange. Users can pay their trading fees in BNB and receive discounts for doing so. (Initially, these discounts were supposed to be valid for BNB’s first four years and halve in value every year: 50% in the first year, 25% in the second, 12.5% in the third, and 6.25% in the fourth — but Binance changed their minds and decided to keep the discount at 25% indefinitely). 

Paying trading fees is the primary purpose of Binance Coin, although it can also be spent in a variety of online and physical stores around the world. Another key use case for BNB is to invest it in Initial Coin Offerings (ICOs) that have been founded as part of Binance’s Launchpad program. This is essentially a start-up launcher, exclusively for new digital assets that can be traded on the Binance exchange.

Binance Coin is also one of the major exchange tokens on Binance. Because the Binance platform doesn’t support fiat currencies, users can only trade between different cryptos. BNB acts as a relatively consistent in-house asset that can be easily traded and held if an investor doesn’t wish to purchase a new digital currency.

But most recently, the biggest use case of Binance Coin is as the fuel for the Binance Smart Chain (BSC), a parallel chain for smart contracts and dApps. Though launched in September 2020, it became particularly popular in February 2021 when Ethereum gas fees spiked — the BSC stood out as a cheaper alternative. Today, it is the second-largest DeFi chain after Ethereum.

Excited by Binance Coin’s rapid growth? If you’re wondering whether the price of BNB will continue to rise, you’re in the right place. We’re taking a look at the updated BNB price predictions for 2021-2025. 

Short-Term Binance Coin Price Predictions: 2021

BNB price prediction for 2021

What are crypto experts forecasting for Binance Coin BNB in 2021?

If you’re wondering ‘should I buy Binance Coin today?’ The best place to start is by looking at the cryptocurrency predictions. Let’s look ahead to 2021 and see what some of the top crypto analyst platforms believe is in store for BNB next year.

When we first shared a list of Binance Coin (BNB) price predictions in December 2020, the outlook was largely positive. The platform WalletInvestor gave one of the brightest predictions for 2021, claiming that the price of BNB could grow by 17.31% over the year. Although it expected the price to fall again after hitting $40 in the middle of 2021, it still believed that the asset would remain above $30 — and even above its previous all-time high (ATH) of $38.91, which it achieved in 2019.

If its previous predictions seemed encouraging, its updated forecasts are even brighter. The graph below shows what WalletInvestor expects to happen to the price of Binance Coin in 2021:

BNB short term prediction chart

There’s nothing bearish about these predictions. By the end of the year, WalletInvestor expects BNB to reach a maximum price of $567, far off its current ATH of $690.93 (as of the 10th of May 2021). They believe its price will accelerate rapidly throughout the remaining months of the year. 

According to WalletInvestor, the outlook is exceptionally good. The platform believes that the price of BNB could grow by +116% over the next year, achieving an average price of $958 by the end of December. WalletInvestor also doesn’t foresee the price of BNB falling below $400 at the lowest either, a huge achievement considering it started the year at around $37!

This prediction is undoubtedly positive, but it pales in comparison to the predictions from The Economy Forecast Agency. Although the platform has a history of making predictions that are more bearish than most, it’s released this staggering forecast for the price of Binance Coin in 2021: 

Month Open Low-High Close Mo,% Total,%
Oct 2021 $387 $381-$607 $519 34.1% 34.1%
Nov 2021 $519 $407-$644 $602 16.0% 55.6%
Dec 2021 $602 $471-$602 $506 -15.9% 30.7%

 

This forecast shows a high of $644 in November followed by a decline by the end of the year. Although they expect the price to drop in December it is still higher than the current price.

Our final short-term price prediction comes from DigitalCoin. Almost any prediction would seem a little disappointing when compared to The Economy Forecast Agency’s outlook, but DigitalCoin blows them away, as we can see from the graph below:

BNB short term prediction chart

For the rest of the year, DigitalCoin doesn’t expect the price of Binance Coin to fall below $600. This is an encouraging sign, as it suggests that the asset’s bull run isn’t purely a fluke. Although it expects a relatively high level of volatility between October and November, with BNB’s price dropping from $708.26 to $599.84, it’s still reassuring to see that it will close the year at a value of around $633.78 — almost $200 higher than its current price. 

Elsewhere, Coinskid’s Binance Coin price prediction for 2021 seems to roughly agree with the numbers we have seen so far.

Binance Coin (BNB) Price Predictions 2021

Month Price Minimum Maximum Average Monthly Change %
October 2021 $494.02 $439.67 $558.24 $498.96 11%
November 2021 $528.60 $422.88 $560.31 $491.60 7%
December 2021 $581.46 $476.80 $616.34 $546.57 10%

 

Their data, also suggests that Binance Coin will not reach prices lower than $400, which agrees with the lows of WalletInvestor. And Coinskid’s maximum high of $616 is similar to that of The Economy Forecast Agency, $644, albeit in different months. While these forecasts do not agree with each other 100%, they do give us a framework to make our own predictions.

And for those asking ‘will Binance Coin be worth $1,000?’ The answer looks like not in 2021, with the highest price predictions reaching close to $730, and that might not be sustainable.

Some experts predict that Binance coin will soar to a staggering $900 by the end of 2021 — that’s less than double its current price in the space of 2 months. If this forecast is correct, Binance Coin could be in for a breakout year. 2021 will see it smash its previous ATH and, having exceeded $900 mark price in December 2021.

What Will Binance Coin Be Worth In 2021?

We could expect Binance Coin to rise to $700 towards the close of 2021. According to DigitalCoin, it could even reach $708 momentarily in 2021. None of the Binance Price prediction forecasters 2021 believe that Binance Coin will fall below $400 in 2021.

Will Binance Coin Go Up In 2021?

It seems almost certain that the price of Binance Coin will go up in 2021. Binance Coin hit record highs in 2021 and experts have expressed their opinion that BNB will be the top-performance crypto-asset of 2021.

Additional Binance Coin (BNB) price predictions for 2021 include:

  • Trading Beasts: $491.49
  • Coin Price Forecast: $579 
  • Cryptocurrency Price Prediction: $489.24
  • Cryptoground: $487
  • Price Prediction: $489

So, is Binance Coin a good investment in 2021?

Short-term Binance coin (BNB) price predictions suggest it could be a a very good investment in 2021. The Binance Coin digital asset could hit a new record high on bullish 2021 forecast after experts predicted it will be the top-performance crypto asset in 2021.

Would you consider buying Binance Coin BNB?

Long-Term Binance Coin Price Predictions: 2022-2030

What are crypto experts forecasting for Binance Coin in 2022 and beyond?

Now that we’ve seen what some of the top investment analysts believe could happen to the price of Binance Coin in 2021, let’s look ahead to 2022-2025. Will BNB’s recent growth continue in the long term? According to Trading Beasts, the outlook is pretty mixed. After the staggering predictions from The Economy Forecast Agency, you might be wondering ‘will Binance Coin hit $1,500?’

For our first long-term price prediction, we’re returning to DigitalCoin.

After its bullish predictions for 2021, the DigitalCoin platform has given the following long-term price predictions forecasts for Binance Coin:

  • 2022: $829.10
  • 2023: $979.86
  • 2024: $1,145.04
  • 2025: $1,440.19
  • 2026: $1,668.09
  • 2027: $1,811.60
  • 2028: $2,051.18

DigitalCoin’s data suggests that the price of Binance Coin will climb year-on-year.

BNB long term prediction chart

While a price target of $2,000 for 2028 might seem a little sluggish after looking at some other predictions, this prediction is still great news for investors. The (mainly) steady but significant growth suggests that Binance Coin will consistently perform well into the long-term, reaching the $1,000 mark through solid progress rather than a quick bull run. 

According to DigitalCoin’s long-term algorithm, BNB is in for an exceptional period. However, looking at each year individually, the bullish trend that the platform predicted for 2021 is, unfortunately, going to be disrupted in 2022. But despite this volatility, it will still end the year higher than when it started.

The platform thinks the Binance coin price will be $650 in 2021, rising to $829 by the end of 2022, $980 by the end of 2023, $1,145 by the end of 2024, and an impressive $1450 by the end of 2025. 

Torsten Hartmann of Captain Altcoin has given us a similarly mixed forecast. He has predicted that one Binance Coin could be worth more than $3,000 per coin by 2025 — but with the ominous caveat that this will only occur ‘If Binance Coin survives to see 2025’. 

The platform Cryptocurrency Price Prediction is more eccentric in its predictions. They believe that Binance Coin could hit a brand new ATH of over $5,624.42 by 2025, consistently accumulating value almost every month.

As a long-term investment, it projects that Binance Coin could perform very well. According to its predictions, the value of the Binance Coin could rise to $978.16 by the very end of 2021, rising to $1,711.78 in 2022, and achieving an astonishing price of $5,624.42 by 2025.

Cryptocurrency Price Prediction forecasts the following prices for 2022 and 2025.

Binance Coin (BNB) price predictions in 2022:

January 2022

$1,075.98

February 2022

$919.47

March 2022

$1,051.52

April 2022

$1,075.98

May 2022

$1,173.79

June 2022

$1,320.52

July 2022

$1,369.42

August 2022

$1,442.79

September 2022

$1,516.15

October 2022

$1,413.44

November 2022

$1,462.35

December 2022

$1,711.78

 

Binance Coin price predictions in 2025:

January 2025

$3,423.56

March 2025

$3,668.10

May 2025

$4,401.72

July 2025

$4,010.46

September 2025

$4,499.54

October 2025

$4,988.62

December 2025

$5,624.42

 

What Will Binance Coin Be Worth In 2025?

The predictions for Binance coin are very different. By December 2025, Trading Beasts has given an average prediction of $690.516. DigitalCoin, on the other hand, believes the Binance Coin (BNB) asset will be worth $1,590.93 at the start of 2025. 

With a disparity of over $1,100, which is more than double BNB’s current price, it can be difficult to know which of these predictions is the most likely to occur.

For more long-term price predictions, keep reading. We’ve compiled a list of some additional BNB price predictions to see whether we can answer the question ‘will Binance Coin go up in 2025?’

Will the price of Binance Coin go up in 2025?

Yes, even if the lowest Binance Coin price predictions are correct for 2025, the price of Binance coin will go up. They all seem to believe that the price of BNB will steadily rise and doubt there will be any sharp increases or decreases in value. 

Additional Binance Coin (BNB) price predictions in 2022, 2023, 2024, and 2025 include:

2022:

  • Trading Beasts: $597.984
  • Cryptoground: $690.41
  • Coinskid: $1,401.06
  • Price Prediction: $920.05
  • Coin Price Prediction: $1,022
  • WalletInvestor: $1001.950
  • DigitalCoin: $929.13
  • The Economy Forecast Agency: $1,784
  • Cryptocurrency Price Prediction: $1,711.78

2023:

  • Trading Beasts: $661.671
  • Cryptoground: $823.927
  • Coinskid: $2,229.86
  • Price Prediction: $1,261.98
  • Coin Price Prediction: $1,477
  • WalletInvestor: $1,405.100
  • DigitalCoin: $1,122.04
  • The Economy Forecast Agency: $1,930
  • Cryptocurrency Price Prediction: $1,931.87

2024:

  • Trading Beasts: $721.348
  • Cryptoground: $952.379
  • Coinskid: $3,572.42 
  • Price Prediction: $1,904.55
  • Coin Price Prediction: $1,917
  • WalletInvestor: $1,835.380
  • DigitalCoin: $1,382.23
  • The Economy Forecast Agency: $2,419

2025

  • Cryptoground: $1,107.175
  • Coinskid: $4,397.17
  • Price Prediction: $2,673.82
  • Coin Price Prediction: $1,736
  • WalletInvestor: $2,275.230
  • DigitalCoin: $1,590.93
  • The Economy Forecast Agency: $2,063
  • Cryptocurrency Price Prediction: $5,624.42

Just a few months ago, the idea that Binance Coin would reach $1,000 within the next five years would have been ludicrously optimistic — so it goes to show how quickly the crypto market can change.

Conclusion: BNB Price Prediction Forecast

The below prediction figures outline some of the Potential high and low of Binance Coin (BNB) price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $1072.00 $397.30
2022 $1623.50 $458.50
2023 $2795.00 $694.60
2024 $3220.00 $770.00
2025 $5685.00 $1175.00

 

Would you consider buying Binance Coin BNB?

Trading Education Binance Coin Price Predictions:

Taking everything into consideration, we’ll now separate the good from the bad, the crazy from the sane and the smart from the not so smart. As you can see for yourself, some price predictions are pretty extreme while others can be too cautious.

Nevertheless, they all help us get a better picture of what Binance Coin is capable of. So, without further ado, here are Trading Education’s Binance Coin price predictions.

Binance Coin (BNB) price prediction 2021

Binance coin price is expected to valued with bullish momentum and head towards $800 towards the end of 2021. As per the BNB price prediction 2021, the price of Binance coin might be valued above $820 by the end of year. The predicted high for 2021 might be around $850, and on the downside, the low might be around $420.

Price forecasters expect Binance Coin to end 2021 on a bullish note. Though it might not reach its ATH of $690, it will likely end the year at around $500. The most bullish price predictions indicate that a move to $1,000 could be possible. Most likely, it will not dip below $400 for the rest of the year.

Binance Coin (BNB) price prediction 2022

The top price predictions for Binance coin BNB in 2022 point to prices beyond Binance Coin’s ATH of $690 and potentially surpassing $1k. In the worst-case scenario, it may stagnate around $600 or slightly lower. In the best-case scenario, numerous experts predict that it may even reach $1,700.

Binance Coin (BNB) price prediction 2023

By 2023, Binance Coin could break past $2,000, according to the most bullish BNB price prediction forecasters. But even the most cautious believe that by 2023, BNB has gone beyond $1,000, and may be valued at around $1,200-$1,400. Less bullish forecasters suggest it could still be valued at around $600.

Binance Coin (BNB) price prediction 2024

Binance coin price is expected to trade with bullish momentum and head towards $2,000 towards the end of 2024. As per the Binance coin price prediction 2024, the price of BNB  might trade above $2,200 by the end of year. The predicted high for 2023 might be around $2400, and on the downside, the low might be around $520.

Binance Coin (BNB) price prediction 2025

As per our Binance coin price prediction 2025, the coin might be able to touch the $3,000 price mark on the upside, while on the downside, it might fall up to $1000. As per our BNB price prediction and forecast update, the currency price might trade around $2850 by the end of 2025.

Binance Coin (BNB) price prediction 2027

The Binance Coin price prediction for Binance in 2027 foresee BNB dominating above $4,000 for most of the year. If the coin does well, experts seem to suggest that a push to $5,000 could be possible.

Conservative price predictions for BNB in 2027 do not expect prices beyond $1,700 and $1,800. However, bullish price forecasters expect a monumental $5,600 by 2027 at the very most.

Binance Coin (BNB) price prediction 2030

As per our Binance coin price prediction 2030, the coin might be able to touch the $8,000 price mark on the upside, while on the downside, it might fall up to $2,000. As per our BNB price prediction and forecast update, the currency price might trade around $7,540 by the end of 2030.

By 2030, Binance Coin could break past $10,000, according to the most bullish price predictions available. They suggest potential prices between $12,000 and $18,000 per BNB. Elsewhere, more conservative price forecasters estimate a price of around $4,900.

How Has The Price Of Binance Coin Changed Over Time?

On top of judging BNB’s future price forecasts, it’s also important to look back at BNB’s past performance to get a sense of its market behaviour.

When Binance Coin came to the market in 2017, it was one of a huge influx of new digital assets. 2017-2018 is often referred to as the year of cryptocurrency. Thanks to the number of cryptos that were added to exchanges — as well as growing confidence amongst investors that the world of cryptocurrency was here to stay — the price of almost every major crypto underwent enormous growth. Bitcoin hit it’s then ATH of $20,000, while Ripple experienced an incredible growth rate of 36,000%. 

This graph from Coinlib.io illustrates how the price of Binance Coin has changed since its launch in 2017:

BNB price change chart

As this graph shows, Binance Coin has been pretty calm and predictable for most of its existence, though its launch just before the bear market of 2018-9 likely stunted its performance. It wasn’t until almost midway through 2019 did we finally see some growth potential, but this was nothing compared to what would happen in 2021. Before its current bull run, it enjoyed a series of peaks throughout 2020 — leaving many people to wonder how much the asset could be worth. 

As COVID-19 broke out around the globe and the world went into lockdown, a crisis of investor confidence caused the crypto market to lose significant value in March 2020. Between Monday, the 10th of February and Monday the 16th of March, the price of Binance Coin had fallen from $25.24 to just $11.15. Thankfully, its price started climbing again almost straight away. 

By September 2020, it was obvious that Binance Coin had been swept up in the market-wise bull run as institutional investors started to get heavily invested in BTC. Soon after, the price of Bitcoin began to rise, and it dragged the crypto market with it — but it wasn’t until February 2021 that it became clear that BNB was outstripping so many of its competitors. 

Between January 1st and February 1st, Binance Coin had increased from $38.25 to $44.86. This was only the beginning. It’s since broken record after record, consistently achieving new ATHs as its price rose throughout February. By the 10th of May 2021, BNB had reached its current ATH of $690.93 before sliding back down to around $300 by July. BNB’s decline was the result of Tesla dropping Bitcoin as a payment option and then China’s decision to ban all crypto mining.

More recently, BNB — like much of the crypto market — appears to be on the verge of another bull run, or, as some market experts have suggested, a continuation of the bull run that started in early 2021.

Are you ready to invest in Binance Coin BNB?

What Factors Affect The Price Of Binance Coin? 

As well as researching some of the most compelling Binance Coin predictions for 2021-2025, it’s a good idea to study some of the factors that can affect the crypto’s price. This will help you to monitor the market and predict periods of growth or decline based on current events. 

The predictions that we’ve explored here are typically based on the principles of technical analysis. For obvious reasons, they are unable to take unpredictable events into account — so by understanding how different factors can impact the price of a particular asset, you’ll be better placed to make sensible investment decisions based on changing events

Let’s take a look at the three most important factors that can affect the price of Binance Coin:

Supply and Demand

The relationship between supply and demand can be thought of as a ‘catch-all’ factor that will always determine the price of Binance Coin. This relationship is itself dependent on a number of different factors, but the main thing to understand is that the price of an asset will decrease if the supply of it is greater than the demand, and increase if the demand is greater than the price. 

The Total Supply of Binance Coin

We’re all familiar with the Bitcoin halving (or halvening) — an event that happens roughly every four years and cuts the reward for mining new blocks in half. Much like Bitcoin, Binance Coin also has a maximum total supply. When it was first launched, this total supply was capped at 200 million, however, the Binance exchange deliberately destroys Binance Coin tokens over time. 

The aim is to cut the supply in half until there are 100 million Binance Coins in existence. This is done in order to control the supply of the cryptocurrency and keep its price stable. Because the Binance fee rebate that Binance Coin offers its users declines every year, the team expects the value of BNB to decline over time too. 

By reducing the total supply, Binance is able to manipulate the relationship between supply and demand. Over time, this should have a positive impact on the price of Binance Coin. 

The Success of ICOs

Another key factor that can affect the price of Binance Coin is the success of the ICOs that participate in Binance’s Launchpad scheme. If Binance helps to launch a range of new, popular cryptocurrencies, it means that Binance Coin users have more options when it comes to trading their tokens. This should drive up the demand for Binance Coin as there is more incentive to trade on the Binance platform and therefore own BNB. 

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Buying Binance Coin with eToro is a very simple process that can be done in three steps. We’ll show you how.

Step 1. Head over to eToro’s website and click the ‘Join Now’ button in the top right corner and create an account (you can sign up with Facebook or Google if you prefer). You’ll need to provide some proof of ID and address.

Step 2. Next, time to make your first-time deposit. Note that users in the US, UK and several other countries must deposit at least $50, though in most other countries the first-time deposit is $200. However, in a handful of countries, the amount is significantly higher so check first!

Step 3. Now you can proceed to buy BNB. On eToro’s platform, go to ‘Trade Markets’ → ‘Crypto’ → ‘BNB Binance Coin’, choose your terms and buy buy buy!

And now you’re trading Binance Coin!

Key Points

  • Binance Coin was launched by the popular cryptocurrency exchange platform Binance.
  • People can use Binance Coin to invest in ICOs launched as part of the Binance Launchpad program, use it to run dApps and smart contracts on the BSC, or make passive income from staking.
  • By the end of the year, WalletInvestor expects BNB to reach $627.304, not too far off its current ATH of $690.93.
  • The Economy Forecast Agency expects Binance Coin to blast past its ATH to $728 in October.
  • For the remaining months of 2021, DigitalCoin doesn’t expect the price of Binance Coin to fall below $600.
  • Trading Beasts has given a prediction of $597.984 for 2022, $661.671 for 2023, and $721.348 for 2024.
  • DigitalCoin believes that Binance Coin will be worth $1,440.19 by 2025, climbing past the $2,000 milestone by 2028.
  • Before its most recent bull run, Binance Coin’s ATH was $38.91 from June 2019.
  • Factors that can affect the price of BNB include the relationship between supply and demand, the total supply of Binance Coin available, and the success of ICOs.

If you’re wondering ‘is Binance Coin a good investment 2021?’ According to these forecasts, the outlook for 2021 is mainly bullish. 

We hope you found this article about the top Binance Coin price predictions helpful. With many platforms expecting BNB to hit $1,000 within the next five years, it’s an exciting time for investors — although as rumours circulate that Binance Coin can’t sustain its progress for long, anxiety is still high. 

If you’re feeling ready to try trading this asset for yourself, you may be interested to know that the multi-asset trading broker eToro provides the ability to trade with crypto assets (including Binance Coin) and CFDs on up to 90+ cryptocurrencies.

FAQs

How does Binance Coin work?

Binance Coin was created on the Ethereum network as an ERC-20 token but moved to the Binance Chain in 2019. On this chain, it uses a proof-of-work consensus mechanism.

BNB also runs on the Binance Smart Chain, a parallel chain where it acts as fuel for smart contracts and dApps, in the same way that Ether is used for such capabilities. On this blockchain, Binance Coin operates a proof of staked authority consensus mechanism where block validators need to be voted for by BNB holders.

What is the purpose of the Binance Coin?

Initially, Binance Coin was created as a discount token for trading fees at the Binance exchange, but it is now also used for staking, Visa debit cards, and smart contract and dApp creation on the Binance Smart Chain.

How big could Binance Coin get?

$18,166.88 per coin according to Price Prediction at the highest by 2030. That is the highest prediction for Binance Coin in the not-too-distant future.

How much was Binance Coin at its ICO?

$ 0.10 according to CoinCodex. In total Binance raised $15 million and sold approximately 100 million BNB, half of the original supply.

Does Binance Coin have a future?

Yes, Binance Coin does have a future. With all the aspects of the crypto market, Binance Coin has managed to get involved in everything from staking to mining pools and yield farming to the Binance Smart Chain — and not to mention, the largest crypto exchange! — it is hard to see Binance Coin disappearing any time soon.

The main concern about Binance Coin’s future at the moment is that several regulators are actively pursuing the Binance exchange, claiming that it is operating in their country without approval. Not long ago, the UK’s FCA forced Binance to stop operating in the UK.

Secondly, some have noted that as a centralised exchange, Binance could struggle in the face of emerging decentralised exchanges, such as Uniswap.

Read More:

Bitcoin vs Binance Coin: Which Crypto Should You Buy

Is Binance Coin A Good Investment?

Bitcoin Price Prediction Forecast: How Much Will Bitcoin Be Worth In 2021 And Beyond?

BNB Price Predictions discussed in this article are the views of the industry analysts. As such, We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

All trading carries risk. Past performance is no guarantee of future results.

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