If BNB will reach $500, what's next?

LUCKMCFLY

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The growth of BNB is impressive, just going from 500USD is a great achievement, in fact it had a growth of 7%, well it is also necessary to highlight that ETH also reached a new ATH almost 2800USD, this has caused a type of encouragement because many believe that the altcoin season is beginning, and seeing that BNB is beginning to have more demand, investors have a better chance that the price will continue to increase.

Quote

Binance Coin is up by a strong 7% today as the cryptocurrency hits the $600 level. BNB also broke a technical triangle against bitcoin as it smashes past 0.0105 BTC to hit 0.0111 BTC.

Source: https://cryptopotato.com/binance-coin-analysis-bnb-taps-600-again-following-7-daily-surge/

ancafe

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the big thing I'm looking forward to from BNB is breaking the $ 1000 price tag. if BNB manages to break through this price, then the potential will be closer to ethereum. however, BNB's potential isn't just $ 500 or $ 600. we will continue to question what's next after reaching that price. Therefore, when BNB prices catch up to Ethereum prices, BNB has a huge potential to replace Ethereum's position when that happens.

Yamifoud

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Quote from: Pierre 2 on April 25, 2021, 06:26:15 PM

As I lately saw data showing Binance getting nearly more popular than Ethereum I would easily say 1000 dollars will be next big target which is pretty realistic. Pancakeswap carries Binance Smart Chain on its shoulders and BNB becomes lot more lot more valuable over time. But we need big lap from Bitcoin for this to happen don't forget it.

To give an update, the BNB price is currently at $174. Thinking about reaching $500 is even hard to reach and much more for $1,000. I'm not saying there is no chance because if we take a look at the chart, BNB doesn't have that kind of growing demand that we can see it is possible. It may be 10 years from now, who knows.
Anyway, I'm investing in BNB not because I was expecting $500 or $1,000 but it is because this coin could possibly sustain the market competition and this will never give us frustration.

seramania

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BNB's next target is to prove that BNB is a coin that has potential other than ETH. That way, nowadays many investors will look to BNB more, because what we know is that investors like a coin that is clear in the future has the potential to be the best.

JeffBrad12

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Quote from: Cengghengmania21 on April 16, 2021, 09:48:11 PM

There are many things that have made BNB continue to experience improvements in the last few months, and one of them is public trust in using the platform of this coin maker, Binance platform.

The trust from the community already created caused by the mindset if binance was a way to generate instant profit. This opinion was creating a big hype for binance.
Binance is always regularly creating more and more innovation. The binance platform is just an example how good the product already made by binance.
Im not getting surprised to see that binance can surpass 500 USD easily like this time and this deserved to be worthed more than 1k

Pierre 2

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As I lately saw data showing Binance getting nearly more popular than Ethereum I would easily say 1000 dollars will be next big target which is pretty realistic. Pancakeswap carries Binance Smart Chain on its shoulders and BNB becomes lot more lot more valuable over time. But we need big lap from Bitcoin for this to happen don't forget it.

seleme

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Quote from: bocyaj on April 24, 2021, 01:58:55 PM

Prediction of BNB price to the level of 600$, it was positive movement in Ethereum and Binance. If the price of bitcoin will further increase, it was clear that the rise in most of the coin prices. Investment at the peak will not make a good sense.Holding will be better option to gain a little from it.

If BNB reached 600$, in my mind BNB will not stop, but 600$ is a bit hard for BNB right now. BTC has started decreasing and it keeps just getting down. As you said if the price of BTC will start getting up, other currencies will be affected through this movement. However, l think BTC keeps decreasing for a time and nowadays there will not be any great change in the price of BTC. But that doesn't mean we should wait for this time, if we collect BNB, no doubt we can make a great profit from BNB in the future. But as l said it can take a long time, that is why BNB is a greater choice than another project for long-term investment.

retreat

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Quote from: Russlenat on April 10, 2021, 07:46:49 AM

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

the reason why the BNB price is high is of course because of the increasing adoption. so far many ERC20 tokens have migrated to BSC, and also the high number of transactions on the BSC-based defi platform such as pancakes and others.

it is very likely that the BNB price will break through $ 1k before the year ends.

bocyaj

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Prediction of BNB price to the level of 600$, it was positive movement in Ethereum and Binance. If the price of bitcoin will further increase, it was clear that the rise in most of the coin prices. Investment at the peak will not make a good sense.Holding will be better option to gain a little from it.

HanaTenun

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Currently, many traders hold BNB because Binance Exchange is the largest exchange in the world which has a large total transaction value. Therefore, many traders have decided to hold BNB because they believe in the prospects for the future development of the Binance Exchange. BNB price was at the level of US $ 556.09 or decreased by 5.96% compared to the previous day.

However, yesterday BNB nearly touched the US $ 600 level. Binance has a policy of purchasing 100 million BNB tokens on the market and then burning them. This means that the total BNB tokens of nearly 200 million will be halved. With a reduced supply but increasing demand, the BNB price will automatically increase. In the long term, at least 2 years - the next 5 years, it is estimated that the BNB price will penetrate US $ 1,500. after passing through the correction first before reaching that level.

Kocret02

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BNB has managed to reach the ATH price of $ 637, meaning that BNB has managed to cross the $ 500 price. Then just go to the next target,
because BNB holders definitely want the price of BNB to continue to rise as high as possible. But unfortunately now the BNB price is corrected
to a price of $ 512, which means down 20% from the ATH price reached by BNB 5 days ago. I think this is a pretty deep decline for BNB,
so if anyone wants to buy BNB now is the right time and BNB holders don't need to panic. Because I believe BNB can recover soon,
so we still have HODL the BNB that we have until the price goes up again.

I think the decline in BNB prices is a correction, even though BNB burned millions of tokens. I think this is purely a correction and in the future BNB can bounce back and even be able to pass ahrga $ 650 in a fast time this year.

elisabetheva

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Quote from: Xinarae* on April 16, 2021, 11:55:09 PM

Following the BNB charts its price has gone up a lot compared to the last few months the market for these currencies is improving with the rise in the price of bitcoin. This is a good time to invest as 500 may go up further there is nothing to be frustrated about these currencies may have a higher growth rate with ethereum.

BNB has made a surprise that was not expected to quickly increase and reached ATH $ 610.06 - Apr 12, 2021, even though the price is currently falling again even though bitcoin is not showing the direction of correction, it is unfortunate that BNB cannot maintain this good price. the possibility of going up again will still be there for BNB because this year is the alt season which will affect all the top-ranking altcoins will improve well even to reach renewable ATH.
yes, I agree don't hesitate to invest in BNB even though it is currently down, it's the right time because there will be an opportunity to receive profits when renewable ATH is created again later.

Xinarae*

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Quote from: Vinaa77 on April 16, 2021, 11:36:26 PM

Quote from: Cengghengmania21 on April 16, 2021, 09:48:11 PM

There are many things that have made BNB continue to experience improvements in the last few months, and one of them is public trust in using the platform of this coin maker, Binance platform.

The boom that occurred from BNB was due to the development factor of the Binance Smart Chain. You can see from the chart the spike in transactions on the Binance Smart Chain in the last 6 months https://bscscan.com/chart/tx. the successful Launchpad is an attraction for investors to keep BNB HOLD so they can follow the next Launchpad.A few days ago it was also agreed that this month there would be Burn Token

Following the BNB charts its price has gone up a lot compared to the last few months the market for these currencies is improving with the rise in the price of bitcoin. This is a good time to invest as 500 may go up further there is nothing to be frustrated about these currencies may have a higher growth rate with ethereum.

Vinaa77

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Quote from: Cengghengmania21 on April 16, 2021, 09:48:11 PM

There are many things that have made BNB continue to experience improvements in the last few months, and one of them is public trust in using the platform of this coin maker, Binance platform.

The boom that occurred from BNB was due to the development factor of the Binance Smart Chain. You can see from the chart the spike in transactions on the Binance Smart Chain in the last 6 months https://bscscan.com/chart/tx. the successful Launchpad is an attraction for investors to keep BNB HOLD so they can follow the next Launchpad.A few days ago it was also agreed that this month there would be Burn Token

FrozenBit

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Quote from: Cengghengmania21 on April 16, 2021, 09:48:11 PM

There are many things that have made BNB continue to experience improvements in the last few months, and one of them is public trust in using the platform of this coin maker, Binance platform.

Well it is clear that people's confidence in this coin is enormous. I understand why we believe in this coin, what Binance has done so far is a great achievement in the crypto space, in addition to a good marketing strategy and vision for the future. From the leader, BNB will always keep its position in the market. I also think that it will most likely take the place of ETH in the future.

Cengghengmania21

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There are many things that have made BNB continue to experience improvements in the last few months, and one of them is public trust in using the platform of this coin maker, Binance platform.

martina14

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Quote from: Russlenat on April 10, 2021, 07:46:49 AM

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

Its already more than 500 plus now each BNB dude, and it was rising up because of the BSC and we can see all this through each new projects adopted it using the BSC blockchain. And I think it will get more than 1000$ or more this year each BNB, so this is the right chance for us to buy em then hold in the long term.

tippytoes

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Quote from: Aubameyang on April 16, 2021, 05:43:32 PM

Quote from: bakasabo on April 15, 2021, 06:45:43 AM

By lookin on how BNB steadily goes down after setting new ATH I am a little confused. What had causes such a price drop? Yesterday I was planning to use price reduction as an opportunity to buy cheap BNB, but after seen that today the reduction continues I have changed my mind.
During the rest of todays day, I'm going to decide whether to buy few BNB or skip that. What are your thought about it ?

Well, this situatuon is common in crypto market. The little correction of BNB price after its bullish and i think its okay. For me, it is the sign of good market, because there wouldn't be possible if the price increase all the time.

For me, it is not good if the price continue to rapidly increase as it is not an organic growth. So the drop is just normal and it will go up again. The main reason why I believe BNB is rising because a lot of projects are now going to BSC network instead of ETH. With their cheap fees, it is very favorable to developers as well as traders. And since it is under the top exchange, they can easily gain trust from the community. Maybe, this drop is the opportunity to buy before it goes up again. But that is your prerogative on this coin.

Aubameyang

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Quote from: bakasabo on April 15, 2021, 06:45:43 AM

By lookin on how BNB steadily goes down after setting new ATH I am a little confused. What had causes such a price drop? Yesterday I was planning to use price reduction as an opportunity to buy cheap BNB, but after seen that today the reduction continues I have changed my mind.
During the rest of todays day, I'm going to decide whether to buy few BNB or skip that. What are your thought about it ?

Well, this situatuon is common in crypto market. The little correction of BNB price after its bullish and i think its okay. For me, it is the sign of good market, because there wouldn't be possible if the price increase all the time.

bakasabo

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Quote from: Sled on April 15, 2021, 07:15:28 AM

If you look on the other side, you'll see that BNB has really pumped a lot in the past few days, a minor pull back is not really a problem, as bitcoin continues to be bullish, so does BNB because it always follow.

BNB has 37% increase in a week, isn't it huge? (https://coinmarketcap.com/currencies/binance-coin/)

That is why I have made a decision buy only 1 BNB. Of course someone will laugh at me, because this is just ~$550. But I'm planning to hold it for a very long period. Probably I would consider selling it only when BNB surpass four digit price.
Bitcoin volatility taught me not to pay much attention to any insignificant price changes. So a minor BNB price pull back does not scare me.

Topic: If BNB will reach $500, what's next? (Read 945 times)