BNB to $1k? - page 41. | Bitcointalksearch.org

kidbounty

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Quote from: kevinzxz on April 30, 2021, 11:06:07 PM

I'm sure BNB price will hit $1k soon, because :
1. BNB will burn every quarter
2. BSC is very popular at this time and many new projects that use BSC
3. Binance exchange is currently the top 5 exchange, which means that Binance exchange has a very high volume and popular

therefore I am sure if the price of BNB will soon increase by at least $1000.

with all this good stuff, I'm also sure $1000 is not impossible. bsc has had a big influence in increasing the bnb this time. When ethereum was judged a failure, smart chains provided a solution and because of this many people started to consider other platforms. the impact of all that is the increase in the price of the BNB.

malikg18

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Ethereum network have lost their usefulness due to their high gas fees.That is why the Binance smart chain came into existence. BNB is the Basic Token of Binance smart chain.Obviously, its use is increasing so that's why BNB price is increasing.within few weeks we can see its price to 1k.

TastyChillySauce00

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It will eventually reach that much, but only if BTC bearish market hasn't come yet. I mean, to reach $1K maybe it gonna takes another 6 months and that's already short enough. The recent BNB burn also just doesn't seem as impactful to the market compared to the burn that has happened before.
But, we need to see how ETH gonna be after EIP 1559 that happens in july fully implemented. Whether it's gonna take up BSC's transaction volume and make many projects coming back to ETH again or not, we don't know for sure but I assume july is an important month for BSC to see whether it's gonna grow further or not thus affecting BNB as a whole.

ancafe

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I think that the BNB price will soon hit a price of $ 1000. in fact, most likely it will happen this year. We all know that Binance is growing rapidly in cryptocurrency, in fact, I feel that it is growing faster than ETH. however, as long as conditions in the crypto world are still like this, I think the price of BNB will be quite easy to reach that price. even now, the price is back above $ 600.

_IRMAN

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Quote from: Abiky on April 30, 2021, 02:45:10 PM

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.

BNB will be over $1k in Q3. When viewed from the history earlier this year BNB has experienced a very significant increase due to events that Binance held such as Launchpad and Quarterly Burning.
The first launchpad this year is SafePal (Q1) BNB's price went up from $40 to $70 almost 2x. TokoCrypto's second launchpad (Q2) BNB $250 price went up to $600 more than 2x. The third Launchpad will be held in Q3, and it should cost BNB over $1k.

manok jepang

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BNB is one of the altcoins that are currently popular, because the growth of this altcoin is fantastic, besides that there is many new projects that used the BSC network, of a course with many BSC users the price will increase, I'm sure BNB will close this year with $1000 ,

BaeSuzy

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It could be worth more than $1k in the next few month, i think $1k is very easy for bnb to reach that price. Already stacking my BNB in binance and i got 14,49%, i hope i can retired with that money.

Mpamaegbu

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Quote from: Abiky on April 30, 2021, 02:45:10 PM

Do you think BNB will reach $1k soon?

Yes, definitely. I see it doing that in this May. Come to think of it, its price is already at $639+ as I type this. It should surpass the price of ETH before the end of 2021, owing to the huge demand for its BSC.

Quote from: Abiky on April 30, 2021, 02:45:10 PM

Is BNB's price sustainable?

Highly sustainable. Though that doesn't mean there won't be corrections once in a while as it journeys up.

Quote from: Abiky on April 30, 2021, 02:45:10 PM

What's your prediction of BNB's price 5-10 years from now?

It's going to top Bitcoin in marketcap in the nearest future. I know this will be hard to believe but that's what I see happening.

kevinzxz

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I'm sure BNB price will hit $1k soon, because :
1. BNB will burn every quarter
2. BSC is very popular at this time and many new projects that use BSC
3. Binance exchange is currently the top 5 exchange, which means that Binance exchange has a very high volume and popular

therefore I am sure if the price of BNB will soon increase by at least $1000.

AzamNurWahid

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binance now has a value of $635 and getting closer to $1000 and maybe in 1 or 2 $ 1000 will soon be reached and for 5 to 6 years binance has a big chance of reaching a price of $3000 to $5000

LogitechMouse

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Quote from: Abiky on April 30, 2021, 02:45:10 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.

With the current situation of Binance right now, BNB to $1,000 is still possible. Its only a question of when it will happen because after all, we've seen Binance upgrading over time adding more and more features to their exchange.

The lowest price of BNB that I've remembered was $18 and at that time I didn't have the money to buy it and weeks after it, it skyrocketed. Another missed opportunity again by me but yeah.. there are more opportunities out there. Just seek for it. Binance has a good future and it being the most popular exchange as of now, I expect a 4 digit price of Binance in the future.

TravelMug

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For now, it seems that BNB might crossed the magical 4 digits in this bull cycle.

I mean they really outperformed others, beyond expectations this quarter. I still remember when the price is just $30k and then boom, $500-$600 and next is $1000.

For the future, not really sure how far can they go, maybe $5000 might be a good ball park number. And if investors continue to patronage them, for sure it can surpassed our expectations in the next five years.

cotton ball

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BNB is likely to hit $ 1k in the near future due to the low cost of gas and investors have moved to binance smart chain exchanges such as pancakeswap which are now getting stronger and making the price of Binance coins even stronger as more and more transactions with BNB pairs are getting stronger. Many also make the price of the BNB will continue to rise time near the burn tokens also has done it will attract more and more investors.

Bitcoinjheta

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there is no doubt BNB will reach to $1K over time , with the help of Binance Smart Contract that makes the ecosystem grow faster and bigger i may say that bnb follows the footsteps of ETH which has a great transaction tools that gives a good choice of crypto users.

Zemomtum

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The way BNB is going, it will pose a great contender with ETH and the price might surpass that of Ethereum in the long run. Fast transactions and the lowest gas fee ever will makes it to rule and stay recognized in the blockchain space

aakay

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That was exactly what i had in mind while purchasing my BNB. Though i still believe it will do more than this before the year runs out. But lets see as it goes.

Baofeng

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Quote from: Abiky on April 30, 2021, 02:45:10 PM

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.

I think its doable this year, it has proven that its price can dramatically go up in this current bull run. Burning + Ethereum woes contributed to BNB's massive spike this year. 5-10 years? hard to say, but probably in the range of $5k-$10k in my opinion. We also have to think the people behind this project, CZ, he knows how to shill and to market his product and maybe in the future he has a lot of 'vision' that can really push BNB in that price range.

romero121

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Ethereum always have its usage and market popularity. Now the Bitcoin dominance have shrunk down to 49% which means the altcoin season has begun. As a result the potential altcoins will make some noise in the market. BNB being one among the potential list has been growing good. Probably with this trend of growth it can easily reach $1000. Ethereum that has been growing good has now stabilizing whereas the bitcoin is in good phase moving above $57000.

AmoreJaz

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Quote from: Ridwan Fauzi on April 30, 2021, 06:01:45 PM

There will always have a chance for a good coin to increase more than the current price. In this case BNB coin, this coin has a good future as long as binance exchange always be a choice for crypto user. More than that, BSC or binance network is becoming a good alternative for the transaction tool than ETH. Yeah, we already know that previously most crypto user using ETH blockchain for the transaction or as a tool to send the coin. But after ETH blockcahin is become busy and make the transaction fee getting high day by day then most crypto user just move to BSC as the alternative. At least this situation has pointed out that there will be many people who will hold BNB coin as their investment place because they will think that BNB will have a high price in the future.

as we speak, bnb is fetching more than 600 bucks in the market. so the op's target of 1k is very feasible for this coin. considering its potential and the devt surrounding this platform, it is bound to reach that level. and being the top 1 crypto exchange in the market, they have very good path of achieving new ATHs.
eth network should fast track their gas efficiency prob. though i read some posts that eth is slowly reducing their fees. but bsc network is like the go-to now of most devs seeking for cheaper tx fees.

Ridwan Fauzi

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There will always have a chance for a good coin to increase more than the current price. In this case BNB coin, this coin has a good future as long as binance exchange always be a choice for crypto user. More than that, BSC or binance network is becoming a good alternative for the transaction tool than ETH. Yeah, we already know that previously most crypto user using ETH blockchain for the transaction or as a tool to send the coin. But after ETH blockcahin is become busy and make the transaction fee getting high day by day then most crypto user just move to BSC as the alternative. At least this situation has pointed out that there will be many people who will hold BNB coin as their investment place because they will think that BNB will have a high price in the future.

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