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Topic: Binance price prediction for 2020 - page 3. (Read 983 times)

sr. member
Activity: 2128
Merit: 259
SOL.BIOKRIPT.COM
January 27, 2020, 03:28:16 AM
#58
Maybe BNB the price will go down again.The price of BNB is influenced by IEO activities, but after several IEO projects, most IEOs are only at the beginning of the binance pump listing, but cannot last long, then dump into IEO prices. maybe Binance will find other ways to pump up BNB prices.
Yes! BNB coin price highly influenced from a few IEO launchpad projects otherwise BNB cannot touched big milestone within short time. For these IEO's a lot of investors bought BNB token this is best reason to price increased. BNB trying to grow in many ways likes supply reduced in three times more than 34$ millions worth of coins burned. IEO's hype already gone so need different way to raise.                  
copper member
Activity: 238
Merit: 1
January 27, 2020, 02:11:56 AM
#57
It's rather very funny to read through price predictions of several people. Some believe that the value of bnb would increase by 70%, others by 50% and some predict that the value would decrease. In all these estimates and predictions, non was able to give us a reason for the expected value. This is simply because there's non available, the predictions are purely subjective.
newbie
Activity: 72
Merit: 0
January 27, 2020, 01:30:23 AM
#56
Now Binance equals to $17.498. The expected maximum price is $19.822, minimum price $13.479. But Binance Coin at $24 is only investors' daydream.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 27, 2020, 01:36:40 AM
#56
BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.
last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.
It's last year but that looks very different with what already happened with this year when so many people are saying that binance looks go down again caused by some problems with it. BNB is a good coin with a good utility usage. it will be a very difficult task to bring back the IEO trend again. That means binance less promising compared with when it was getting a huge demand last year.
Just try to put sense prediction as its ATH could be the top price that will be a very difficult price to be achieved.
sr. member
Activity: 756
Merit: 251
January 27, 2020, 01:20:49 AM
#55
According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?

Agree on which one? They have different views and that is always the case. BNB could rise as much as it could also fall. That's the reality of a coin. That is the reality of the crypto market.
hero member
Activity: 1302
Merit: 532
January 26, 2020, 08:09:35 AM
#54
In my opinion BNB value will rise again just like other coins. Binance is one of the top exchange and surely more projects will have their IEOs there that will cause BNB price to rise up again.
The shitty IEO projects will not last forever, the ICO reinvented with the help of exchanges and it will not make any difference as you will see many exchanges make money along with the developers and then they die off ripping off the investors and if you think Binance coin will be useful for that purpose and for the exchange activities what is the prospect you are seeing in this coin, it might ride high as the team behind it can pump and dump and make a ton of money as they are running a very successful business.
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
January 27, 2020, 12:46:18 AM
#54
It has seen over 30 dollars in 2019 and I don't see why it can't see the similar prices this year as well, I know 2x may sound too optimistic however this is one of the few coins that actually has a use case in their exchanges. People can invest with it, can lessen their trading fee on the largest altcoin exchange in the world with true volume without faking, people could just earn it with affiliates and many other stuff whilst also getting burnt by the ownership (done just recently for the latest one for example).

So, basically BNB is optimistic itself without you actually putting any of your own optimism into it. Right now its around 16 dollars and looks like a solid investment for the future, I have plenty of it that I earned over the years and I will keep not selling it for longer.
sr. member
Activity: 1056
Merit: 251
January 26, 2020, 01:28:21 PM
#53
For me BNB is a promising coin, I think this year BNB is able to grow to $ 25-30 and even this price is not the limit, in a couple of years BNB will cost even more.
hero member
Activity: 2912
Merit: 674
January 26, 2020, 09:27:48 AM
#52
When the market is good, it will make investors confident to invest again, and since ICO cannot anymore sell in the market, it should be IEO that will take care for the investors and Binance is a reputable exchange, so a demand of IEO will increase the demand of BNB, that's the simple logic I arrived.
Therefore, I believe the prediction stated in OP is just so conservative, I am thinking of a new ATH for BNB, so price would probably rise to $50.
hero member
Activity: 1470
Merit: 509
January 25, 2020, 05:29:43 PM
#51
BNB is one of a few coins that actually have a use case so if it doesn't grow then there is something fundamentally wrong with this industry. Binance user base is growing and all of them are using BNB, so it is like auto-fulfilling BTC adoption prophecy which actually happens for this one. There is no better price stimulator than many people in need of a possession of the same asset.
If these are the use cases you are talking about, I disagree with you. Without Binance, can BNB survive with other use cases? IMO absolutely no. BNB is nothing more than altcoin that everybody talks about extravagantly. And unfortunately I know that this will continue and the price will be higher than expected.
full member
Activity: 1848
Merit: 158
January 25, 2020, 06:04:19 PM
#51
Bnb is a good coin to reckon with. There's every tendency it will grow above $20 before the year ends. Binance will do their possible best for their own coin to skyrocket than ever when the bull season starts. The future seems very promising, investing and hodling bnb coin

but remember all those prices are just mere speculation. everything should be taken with high precaution especially if you are a big-time investor. you may gain a lot or you may lose a lot. so what will happen to your investments depends on your choices, so you should do your own assessment before making any decision. don't just rely with someone else's prediction even if they are self-proclaimed experts. in the end, they do not care about your investments.
member
Activity: 672
Merit: 29
January 25, 2020, 05:49:08 PM
#50
Bnb is a good coin to reckon with. There's every tendency it will grow above $20 before the year ends. Binance will do their possible best for their own coin to skyrocket than ever when the bull season starts. The future seems very promising, investing and hodling bnb coin
full member
Activity: 1078
Merit: 102
January 25, 2020, 04:52:09 PM
#49
In my opinion BNB value will rise again just like other coins. Binance is one of the top exchange and surely more projects will have their IEOs there that will cause BNB price to rise up again.
legendary
Activity: 2100
Merit: 1058
January 25, 2020, 01:33:26 PM
#48
Three votes are mentioned over think. What I think is that BNB price can boost up to $24.1 as there is no doubt is in's utility. That coin is already been used in mass volume and there is no doubt that the price for that coin would surely rise in the coming markets. Many people are having their trading accounts on binance and binancedex.

Majority of those peoples use BNB as their base coin on that exchange only because binance provides a number of benefits for BNB holders like less trading fees, etc. Utility tokens like BNB have great demand in the market if they have a strong product behind and here binance exchange is really a strong product which would only be in an ascending graph so investors would keep on buying BNB.
hero member
Activity: 1400
Merit: 505
January 25, 2020, 12:38:23 PM
#47
The BNB is used to cover the commission fee which is popular amongst all Binance trading bots who aim to minimum margin and high trading volume. It is a definitely a coin that has value and used within the exchange, It might be a good time to buy some BNB just because the overall trend is looking good. And it totally depends on the stuff you are currently holding. If you have a lot of money so you can afford taking risk, it is a way to go for sure. The might have a pretty decent price growth in the near future to $25.
This is the biggest problem in this coin, it is created for the purpose of the exchange activities and it will die off if there is any legal action against the exchange and the risk is really high if you are looking for a trusted coin that can be held for a long time in the name of investment, make money when it is possible, it is well and good but it is a risky investment in my opinion.
hero member
Activity: 2520
Merit: 783
January 25, 2020, 09:52:11 AM
#46
BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.
last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.

Almost all of the coins suffer from the lose past year but actually I'm still impressed for the BNB since they actually maintain to became a reliable option and maybe in future we can see a progress especially when market condition will be alive and we can predict that growth is 100% possible since the exchange itself creates awesome success.
RBF
full member
Activity: 212
Merit: 114
January 25, 2020, 08:50:31 AM
#45
Yes, I agree. Binance price won't hit even 30 USD throughout the whole year. Because in 2019, when Binance was leading the crypto market in different ways. When BNB has so much hype because of successful IEO, Binance DEX, Binance Chain, Binance Academy but still it failed to reach 40 USD. This year Binance has nothing new, so the growth will be less than the previous year. But if Bitcoin halving changes the market like 2017, then Binance coin will easily cross 59$!
copper member
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
January 25, 2020, 08:58:00 AM
#45
BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.
last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.
sr. member
Activity: 672
Merit: 254
January 25, 2020, 07:19:15 AM
#44
BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
January 25, 2020, 06:38:26 AM
#43
According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?
BNB is one of a few coins that actually have a use case so if it doesn't grow then there is something fundamentally wrong with this industry. Binance user base is growing and all of them are using BNB, so it is like auto-fulfilling BTC adoption prophecy which actually happens for this one. There is no better price stimulator than many people in need of a possession of the same asset.
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