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Topic: BNB to $1k? - page 32. (Read 8274 times)

hero member
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May 08, 2021, 01:12:57 AM
Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley
I think BNB will not cross 1k$ in this year. It's maximum limit is 700-800$ in 2021, because BNB has been stable at 600$. You are asking prediction of BNB's price 5-10 years from now, so I think I will approximately near to 5k$.
full member
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May 08, 2021, 01:03:53 AM
with current binance fundamental and price movement in few weeks ago , i am confidence binance could achieve 1k in next few weeks ago months. it getting attention now beside dogecoin, much investors believe binance do the best in crypto market with its usecase that needed in any projects. moreover binance CEO always shilling it.
jr. member
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May 07, 2021, 06:54:27 PM
in the present bullish market landscape anything is possible, the price of BNB already ctossed the $500 threshold a while ago and the token has all the fundamentals to make the price go higher. First is binance being the top exchange in the market today and secondly, BSC binance smart chain is making big strides through its blockchain which provides fast transactions at a very low cost
For these reasons i have o doubt that BNB can be worth more than $1k
full member
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May 07, 2021, 05:31:10 PM
I think Binance coin BNB is still undervalued presently, it will surpass 100 dollars in the next few months. The main driving force behind this project is because it solves the major shortcomings of the ethereum network. I see BNB surpassing 5000 dollars in the next 5 to 10 years.

It doesn't take a very long time for a BNB price increase, make sure in the next few months, I think a BNB price increase to $ 1000 dollars is not necessary in a matter of years, it's just a few months and it will be realized if seen from the consistency of the team and developers in developing BNB.
full member
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May 07, 2021, 03:26:43 PM
Everyone's wish if the coins they own go up in price including BNB if it reaches $ 1000 will definitely be very happy but the time it will take will be very long for the next few years, except for a large community that can raise it quickly.
For a $ 1000 price point for a coin like BNB, it doesn't seem like it took too long to prove it, because as long as enthusiasts continue to like BNB, the price will always increase even though slowly, but it will definitely happen.
member
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May 07, 2021, 03:05:38 PM
Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

If we look at how to start to increase the price of BNB, then I am very confident that BNB will hit $1k. Every time a bull run, the BNB price increases 100%. Current price is around $600, it goes from $200 to $400.
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May 07, 2021, 12:05:41 PM
Everyone's wish if the coins they own go up in price including BNB if it reaches $ 1000 will definitely be very happy but the time it will take will be very long for the next few years, except for a large community that can raise it quickly.

This coin always had a potential and those who figured it early are enjoying the results now with the price rise. Soon we will even witness BNB coin leading the way to 1k mark and might cross much more than that as well. On any dip its is always a good thing to accumulate such coins which have a good potential for the further growth.
sr. member
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May 07, 2021, 12:01:49 PM
     Well it's quite unquestionable how great of an exchange binane is which is why it became so famous in this industry. And thus, in a bullish market, it is obviously bound to go up in price a lot. And if this bullish market really does go on, I think BNB can really make it to 1k. But if not, a huge dump will happen. Solely for the reason that it has no other utility than being a coin of a famous exchange. And compared to other stable coins that actually have great features and utility, I am pretty sure investors whould choose these coins instead of BNB for a long term investment.
legendary
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May 07, 2021, 11:14:50 AM
If BNB hits $1,000 per token, then its market cap needs to be around $150 billion. That may be possible by 2024 or 2025, but definitely not this year. Let's first compare the market cap of Coinbase with that of BNB. Coinbase is having a market cap of only around $56 billion, and even at this level, it is considered as overpriced by some of the analysts. And IMO, the market cap of BNB should be less than that of Coinbase. The current valuation is a long way away from the fair price, IMO.

Nice observation. Still, I believe that BNB will heading towards $1k very soon considering how fast it rose towards new ATHs. If the pace keeps up, the year might end with BNB reaching said milestone. Adoption for Binance's own blockchain network is soaring like crazy because people are tired of dealing with ETH's high fees and slow transaction processing times. The clock is ticking for Ethereum as competing platforms race towards dominating the altcoin market. I believe Binance Chain's biggest success has been "De-Fi" applications like PancakeSwap and Cream.Finance. NFTs are also starting to gain traction, so people will use a platform that's cheaper and faster to use (like Binance Chain) on top of the existing Ethereum blockchain. $1k per coin is nothing if BNB continues to grow in mainstream adoption.

Nonetheless, it's been shown from time to time that crypto behaves in many strange and bizarre ways. Binance Chain (powered by BNB) will go as far as people are willing to let it go. Convenience/ease-of-use is what matters for any crypto/Blockchain project to become a big hit. Ethereum may be decentralized, but user experience is terrible (high fees, slow processing times, etc.). Binance Smart Chain is a winner in this regard, as the experience is flawless. Who'd want to pay hundreds of dollars just to interact with a dApp on the ETH blockchain? Only whales are willing to do this since they've got nothing to lose. The average person like you and me will be forced to look for other solutions to save money in the long run. As long as BNB provides low fees and blazing-fast processing times, its price will only go higher in the future. Time will tell us whenever ETH will be able to stay ahead of the game or fade into oblivion as BNB becomes the world's second-largest cryptocurrency by market cap. Just my thoughts Grin
sr. member
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May 07, 2021, 11:11:52 AM
Everyone's wish if the coins they own go up in price including BNB if it reaches $ 1000 will definitely be very happy but the time it will take will be very long for the next few years, except for a large community that can raise it quickly.
in this case I don't agree with you, because factor to the increase and decrease in prices that occur in the cryptocurrency world cannot be completely guessed, because it depends on the market sentiment that is happening to the altcoin, simply it might take years for an altcoin to rise if it is negative sentiment continues to occur in the market towards these altcoins, but if the altcoin continues in a fairly positive trend, even in a month the altcoin price can increase by 1000%, try to check again how long it will take BNB to increase its price from $37 to price $635?
It only took 4 months bro, then did it take years for BNB to rise to a price of $1000 from $635 ?
I DONT THINK SO..!!
hero member
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May 07, 2021, 10:59:02 AM
BNB road for $1k? Well,  I think it is possible to reach that value but maybe it takes more time before bnb's value increase that much. And there is always a possibility that it can be compared to other coins like ethereum when suddenly falls in year 2018 but  here comes year 2020 and as to date the value of ETH fly so high. It is always depend on the investors, traders and users of the coins. The more demand in the market, the value will go high. We can never tell what will happen in the future.

But why? I mean we have our own technical analysis when it comes to token price prediction and probable soar high of the token but for me I guess Binance has a huge potential to a road of $1000 exchange rate.
What I mean is the mass adoption of Binance in a smart contracts and blockchain of new rising projects today give way for a betterment of exchange rate of Binance.
To be exact, the market of Binance today are still doing great and hopefully a road to $1000 new ATH be possible soonest.
hero member
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May 07, 2021, 10:49:28 AM
Everyone's wish if the coins they own go up in price including BNB if it reaches $ 1000 will definitely be very happy but the time it will take will be very long for the next few years, except for a large community that can raise it quickly.
It might take another year for BNB to reach $1k just to be sure but in this bull run, you expect things to happen quickly, and just like how did it reach $600+.
Then, that's likely to happen as it reaches $1k anytime soon. That's very common in cryptocurrencies whenever you think of the pumps that happened.
full member
Activity: 910
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May 07, 2021, 10:42:14 AM
Everyone's wish if the coins they own go up in price including BNB if it reaches $ 1000 will definitely be very happy but the time it will take will be very long for the next few years, except for a large community that can raise it quickly.
full member
Activity: 532
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May 07, 2021, 07:11:54 AM
BNB road for $1k? Well,  I think it is possible to reach that value but maybe it takes more time before bnb's value increase that much. And there is always a possibility that it can be compared to other coins like ethereum when suddenly falls in year 2018 but  here comes year 2020 and as to date the value of ETH fly so high. It is always depend on the investors, traders and users of the coins. The more demand in the market, the value will go high. We can never tell what will happen in the future.
jr. member
Activity: 420
Merit: 1
May 06, 2021, 07:35:25 PM
Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

In general I have the same questions as you, but BNB is like a jet engine heating the engine. he will fly high when ready in time, but now investors are more interested in choosing ethereum because ethereum will fork in july, i am sure before BNB does the 16th Burn the price will go up to $1000.
I don't think the BNB price will go up when Burn is done, I hope that more and more new projects use BSC, the BNB price will continue to increase because some projects require BNB for every transaction on the BSC network
hero member
Activity: 2002
Merit: 535
May 06, 2021, 06:47:46 PM
So holding BNB is the best thing we have to do right now, my advice is
not to rush to sell our BNB. We have to be patient until the target of $ 1000 can be achieved, hopefully by the end of this year BNB
can reach the price of $ 1000.
There is nothing wrong the holding the coin as long as the market is in the bull run, i wonder what would be the price once the market starts its correction. I am expecting a huge fall in price and i wont be surprised if the valuation goes below $50 as well because the rally happened recently and anything can happen when the market is falling like we saw in ETH during the last correction.
member
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May 06, 2021, 05:58:17 PM
I think Binance coin BNB is still undervalued presently, it will surpass 100 dollars in the next few months. The main driving force behind this project is because it solves the major shortcomings of the ethereum network. I see BNB surpassing 5000 dollars in the next 5 to 10 years.
sr. member
Activity: 1876
Merit: 318
May 06, 2021, 05:21:20 PM
I think BNB can still go up higher than the current price, even though BNB has already crossed 640 $ but I am sure BNB will reach 1000 $ soon, because the potential of BSC is still very large, even after ETH lowered their gas fee, the BSC gas fee is still keep it cheaper

Even though BNB's achievements are very good now, I agree that BNB can still go higher. Therefore, the target price of $ 1000 is very likely
to be achieved, especially since BSC's popularity is still quite high. So holding BNB is the best thing we have to do right now, my advice is
not to rush to sell our BNB. We have to be patient until the target of $ 1000 can be achieved, hopefully by the end of this year BNB
can reach the price of $ 1000.
full member
Activity: 644
Merit: 100
May 06, 2021, 05:16:59 PM
The holder will feel the increase in the price of BNB when seen from the estimates obtained on their account. but the price of $ 1000 has not been reached until now, maybe in a few months or 1 year the bnb will find that price, hopefully it will be achieved by bnb
sr. member
Activity: 604
Merit: 252
May 06, 2021, 05:15:55 PM
Nothing prevents the BNB price from reaching $1000, but this will depend on the massive increase in the use of the BSC platform, so it's difficult to set a deadline for when this will happen, but this is the trend. The BNB price is sustainable because there is liquidity between investors and users. For 5-10 days I think the price will be above $10k.
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