It’s true that Binance Coin was a great disappointment for investors in 2019. BNB price went down from $6.124 on January 1st 2019 to $14.049 on December 31 2019. However, it is worth monitoring our Binance Coin price prediction algorithm: Binance Coin might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, BNB might be the coin to watch closely now.
The current Binance Coin price is $17.68, its circulating supply is 155 536 713 BNB. Our algorithm predicts that based on historical data Binance Coin price will be at $20.14 in 1 week and $28.55 in 1 month. Our deep learning algorithm predicts the BNB price will be at $41.29 in 6 months. Analysis of the cryptocurrency market shows that Binance Coin price may reach $50.51 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that BNB will stay around $45.55 in 2020, $50.51 in 2021, $53.33 in 2022, $61.18 in 2023 and $68.05 in 2024.
While creating the Binance Coin prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $41.29 and lowest possible predicted price is $31.16.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Binance Coin has the potential to stay within "survivors" team. Our Binance Coin short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Binance Coin Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Binance Coin forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Binance Coin (BNB)?
The current price of Binance Coin is $17.68.
What is the current market capitalization of Binance Coin (BNB)?
The current market capitalization of Binance Coin is $2 750 019 039.
What will be the price of Binance Coin (BNB) Tomorrow?
Our algorithm forecasts that the price of Binance Coin will reach $18.22 tomorrow.
In 1 year from now what will 1 Binance Coin be worth?
As per the forecast and algorithmic analysis, the the price of 1 Binance Coin will be around $45.55.
Is it profitable to invest in Binance Coin (BNB)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Binance Coin (BNB) as a short term investment. Binance Coin can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Binance Coin be growing in the Future?
Binance Coin is potentially one of the most profitable among digital coins.
How high can the Price of Binance Coin go?
Our algorithm forecasts that the price of Binance Coin will reach $68.05 by 2023.
Is Binance Coin (BNB) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Binance Coin now.
Binance Coin is the only altcoin worthy of attention this year, perhaps along with Litecoin. Changpeng Zhao and his team did a tremendous job of developing and expanding the Binance ecosystem, which had a positive effect on the price of BNB throughout this spring/summer. Frankly speaking, I am so glad that I had a nice stash of BNB on the exchange. It gave me decent profits even without trading, I just held it and watched the price hitting the all-time high. Gonna continue holding BNB, I think it will double in value over the next few months.
BNB keeps going because CZ and company understand how to run a profitable business. They originally introduced the idea of IEOs, and these have taken off with such wide success that every exchange currently has their own IEO platform. It seems that every IEO these days is having huge numbers, from 2x to 10x+. BNB was also the first to introduce the idea of requiring participants to hold a certain amount of BNB to enter lotteries, which has drastically increased the price. As IEOs remain profitable, BNBs value will continue to rise as people require more BNB to have more chances to participate in lotteries.
Binance Coin isn’t going to stop mooning. If you’re not buying BNB, then you hate money. Don’t get caught in the dark without any BNB, especially once its worth $100 per coin. It’s pretty crazy because now that they invented IEOs, they are the de-facto platform to participate in these. BNB does token burns, IEOs and even community projects, so it makes sense that BNB is going to triple in price in literally no time. Just make sure you’re not left holding someone’s bag at the top. BNB is the biggest project in crypto without that many people actually realizing its potential. It’s still early to jump into the coin.
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