When it comes to Binance Coin (BNB), it is becoming increasingly obvious that the coin was, is, and will be one of the best performers in 2019. This is likely the only cryptocurrency that has spent the majority of the year growing, and it even exceeded its former ATH by almost doubling in price earlier this year.
While most of BNB's success is likely a direct consequence of the decisions made by its parent company, Binance — there is no denying that BNB has outperformed pretty much every other notable altcoin out there.
But, what will happen to BNB in the future?
In order to understand where BNB might go next, we should first take a look at its performance so far. The coin's behavior is very similar to Bitcoin in its early days, with sudden sharp surges, corrections, and new surges that have taken it much higher than the previous ones.
This is the same kind of behavior that we see with BNB. The coin was launched back in July 2017, with a price of $0.1 during the first few days of its life. However, a month later, in August 2017, BNB surged to $2. After that, a correction followed, taking its price back down to $0.7. Already, the correction had left the coin much higher than its starting price, and similar behavior has followed it ever since.