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Topic: Will Binance Coin (BNB) reach $1K? - page 16. (Read 2935 times)

member
Activity: 350
Merit: 15
November 10, 2021, 08:52:34 AM
Correct me if I'm wrong, but the BNB is a pretty centralized coin. It cannot be mined, management is concentrated in one hand, there is no evidence of concession by means of nodes and PoS. Its price is only due to the reputation of the exchange and the presence of BSC + coin burning.
sr. member
Activity: 1344
Merit: 261
November 09, 2021, 05:40:22 PM
Definitely, BNB will probably reach the 4-digit mark soon, and by soon I mean a couple of months, because of its success as a coin, its price will continue to go up, I suggest investing on BNB before it's too late, it's a worthy investment, trust me.
member
Activity: 498
Merit: 56
Buzz App - Spin wheel, farm rewards
November 09, 2021, 04:14:21 PM
The probability of it being 1,000 USD is quite high. Of course, the performance of the market and BTC is very important. Bnb has done very important work and frankly, I think it deserves the place it came from.
The size is indeed high but everyone agrees with the price because BNB is a coin that deserves to be priced at $1000 in cryptocurrency even though it will greatly affect the transaction fees in BSC
What makes people agree with the price of BNB which is priced at $1000 is the current value and level of stability of BNB, coupled with the large number of enthusiasts in making transactions, and in relation to current transaction fees, a solid basis for BNB lies in this price range, the ease and completeness that experienced by BNB at this time is a perfect development carried out by them, so there are not many people who reject BNB being at that price.
hero member
Activity: 1722
Merit: 895
November 09, 2021, 03:24:44 PM
Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
I am sure that this Binance Coin (BNB) will hit $1k in the short term as it is the most popular exchange coin. Also, I think this is an amazing project and most of the new projects will use it, so this will make this coin more popular in the future.
There are two things in my view, firstly BNB will reach $1K because this coin is the most exchanged, secondly the exchanges done on BNB also involve long term and short term, even the project involving BNB at this time looks quite good and successful, if compared to other projects involving altcoins, with these two assumptions then I believe BNB will reach a price of $1K.
full member
Activity: 658
Merit: 189
November 09, 2021, 01:50:11 PM
Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
I am sure that this Binance Coin (BNB) will hit $1k in the short term as it is the most popular exchange coin. Also, I think this is an amazing project and most of the new projects will use it, so this will make this coin more popular in the future.
member
Activity: 350
Merit: 15
November 09, 2021, 08:49:39 AM
A lot depends on coin-burning. I could not find a graph of this, the correlation of token combustion and deluxe growth is observed
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The increase in BNB prices is not only influenced by token burning, but there are many more. Every day there is always good news that makes BNB prices continue to rise such as Launchpad, Launchpool, partnering with big companies or others.

That's right! Now there is still an active development of NFT on Binance https://www.binance.com/en/nft/home it will push the development of technogolia on BSC, which so far lags behind NFT on ETH.
hero member
Activity: 2184
Merit: 599
November 09, 2021, 08:45:30 AM
A lot depends on coin-burning. I could not find a graph of this, the correlation of token combustion and deluxe growth is observed
-
The increase in BNB prices is not only influenced by token burning, but there are many more. Every day there is always good news that makes BNB prices continue to rise such as Launchpad, Launchpool, partnering with big companies or others.
full member
Activity: 518
Merit: 185
November 09, 2021, 08:33:39 AM
#99
The probability of it being 1,000 USD is quite high. Of course, the performance of the market and BTC is very important. Bnb has done very important work and frankly, I think it deserves the place it came from.
member
Activity: 350
Merit: 15
November 09, 2021, 08:29:12 AM
#98
A lot depends on coin-burning. I could not find a graph of this, the correlation of token combustion and deluxe growth is observed
legendary
Activity: 2758
Merit: 1228
November 09, 2021, 08:15:24 AM
#97
BNB is currently $641. Getting to $1k is very easy. Will the next week happen? In recent weeks the BNB trend is very good, plus the launchpad that immediately started in Binance makes BNB potential easily to $ 1k. In addition, BNB always gives a very extraordinary surprise to the community. We're always waiting for BNB to be on top.
BNB won't be at the top even though it can increase tremendously as ETH and BTC are also doing very well too, and for $1K it won't be easy to hit in the next week, as the gap between $641 to $1K is a number which is a bit far for BNB to achieve even though there will be a launchpad program within this month.

Don't close the door for BNB to reach that far and remember that binance is doing a amazing job regarding on their developments and other good future updates, and the potential for it to reach that far is so huge and maybe if ETH will be outdated and BNB will continue to increase their fame and power to invite more holders or investor then for sure this kind of overcoming other crypto at the top is not really impossible for BNB.
hero member
Activity: 952
Merit: 503
November 09, 2021, 08:10:15 AM
#96
BNB is currently $641. Getting to $1k is very easy. Will the next week happen? In recent weeks the BNB trend is very good, plus the launchpad that immediately started in Binance makes BNB potential easily to $ 1k. In addition, BNB always gives a very extraordinary surprise to the community. We're always waiting for BNB to be on top.
BNB won't be at the top even though it can increase tremendously as ETH and BTC are also doing very well too, and for $1K it won't be easy to hit in the next week, as the gap between $641 to $1K is a number which is a bit far for BNB to achieve even though there will be a launchpad program within this month.
sr. member
Activity: 1456
Merit: 267
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November 09, 2021, 08:07:53 AM
#95
BNB is currently $641. Getting to $1k is very easy. Will the next week happen? In recent weeks the BNB trend is very good, plus the launchpad that immediately started in Binance makes BNB potential easily to $ 1k. In addition, BNB always gives a very extraordinary surprise to the community. We're always waiting for BNB to be on top.

A surprise is no longer new to this coin, with a lot of offering the project keeps on gaining interest. Just make sure to position
your entry with accompanied by good knowledge and understanding, you can have that from this forum or other social platforms
who shared information with new updates from the team.
$1K might happen before the year end or also possibly too much earlier stage. We really don't have accurate timeframe but
we should continue to follow and invest with good understanding.
sr. member
Activity: 1918
Merit: 256
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November 09, 2021, 07:23:13 AM
#94
BNB is currently $641. Getting to $1k is very easy. Will the next week happen? In recent weeks the BNB trend is very good, plus the launchpad that immediately started in Binance makes BNB potential easily to $ 1k. In addition, BNB always gives a very extraordinary surprise to the community. We're always waiting for BNB to be on top.
full member
Activity: 926
Merit: 100
November 09, 2021, 07:08:27 AM
#93
Therefore, the opportunity for BNB to reach the price of $1k is still there because many investors have confidence in BNB so it can be seen how the demand for BNB coins is in the current market. Of course, investors have confidence in BNB because Binance has the same high BSC and Exchange.
https://coinmarketcap.com/currencies/binance-coin/
I prefer to see BNB at $800 first even though the price of $1K is also very decent for BNB, but for a very realistic achievement this year it is $800, because the time is not too much, even if it can get to the price of $1k, it is will take until next year.
hero member
Activity: 1540
Merit: 772
November 09, 2021, 06:06:40 AM
#92
Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
I am expecting BNB will be e testing $1k levels along with the current bull run of bitcoins. We need to consider that binance is always conducting burning process for BNB periodically which must be a very big promotion for it to induce FOMO among investors. When they are creating demand for BNB, we can expect it will be e testing new height for sure.

At the same time I am not talking about the BTC value of BNB. Because it will be too difficult for speculating about BTC value because it is truly depending on how many investors are participating but USD value is depending on the value of bitcoins.
Therefore, the opportunity for BNB to reach the price of $1k is still there because many investors have confidence in BNB so it can be seen how the demand for BNB coins is in the current market. Of course, investors have confidence in BNB because Binance has the same high BSC and Exchange.
https://coinmarketcap.com/currencies/binance-coin/
legendary
Activity: 2884
Merit: 1117
November 08, 2021, 05:27:20 PM
#91
If you focus on a price point then you will not be happy about what is going on. Do not focus on exact prices but focus on if it is going up or down, or if it is going up as good as everything else when there is a market up. For example if everything else is going up on average 20% while bnb goes up 10% that is not a good go up, that is losing to inflation basically whereas if everything goes up 10% while bnb goes up 20% that is a great increase. All of these small details that combine together to create something amazing.

You should always be focusing on something that would be beneficial for you and you should always try to make a profit based on which direction and not which price. What the price is only important at the very last moment when you are withdrawing, if you are still holding then do not look at the price but only look at the direction alone.
legendary
Activity: 2282
Merit: 1023
November 08, 2021, 04:02:54 PM
#90
For now the price increase of BNB is very good, until now the price has approached the price of 700 $ of course this is very extraordinary, so to invest in BNB is very good if you want to get extraordinary profits, and for the current BSC network more and more users then this will also affect the price of BNB, and the price of gas on the BSC network is very cheap when compared to the ERC-20 network then many investors are already comfortable using the BSC network now.
There is no debate that the valuation right now is extraordinary, but i do not think this is the right moment to invest in the coin, i still remember the coin trading below $20 a few months back and now everyone is talking about $1000 which is an extraordinary feat in itself, but i do believe that this is not the time to invest in them, if you already did you made a hell of a profit and plan to book your profit accordingly .
sr. member
Activity: 1638
Merit: 278
November 08, 2021, 02:41:09 PM
#89
Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
I am expecting BNB will be e testing $1k levels along with the current bull run of bitcoins. We need to consider that binance is always conducting burning process for BNB periodically which must be a very big promotion for it to induce FOMO among investors. When they are creating demand for BNB, we can expect it will be e testing new height for sure.

At the same time I am not talking about the BTC value of BNB. Because it will be too difficult for speculating about BTC value because it is truly depending on how many investors are participating but USD value is depending on the value of bitcoins.
full member
Activity: 952
Merit: 110
November 08, 2021, 01:06:38 PM
#88
Let's put the hype aside, yes BSC chain and BNB aren't seeing huge hypes like that of meme coins but most of these coins that have the biggest hypes are running through BSC chain, this is more than enough to push BNB over 1000$ any time soon, also with new whole new liquidity coming to binance exchange I'm certain that BnB will reach 1k by the end of this year
legendary
Activity: 2996
Merit: 1054
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November 08, 2021, 01:03:41 PM
#87
Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?

well that only 2x from current price . and to touch 1k i think it's possible. in terms of usability and function, there is no doubt that BNB does have many benefit from their coin, just like ETH. usefull smart contracts and low fees. and also the wrapped coin feature in their chain. This coin is very useful and helps financially in real terms. so I think it's very possible. even I think it could be more.



The usages give the hint that this coin is good for long-term investment, Reaching $1K is not impossible, the market for this coin is very active and with more traders and investors who are willing to work with this coin, it will be more easy for the price to reach that high, remember back then when ETH was below $100, it's also been discussed whether it can surpassed $1K and look how high ETH now.

With that same concept and with more available usages aside from BSC and binance exchange, those investment and initial offering also attract people to invest in this project.
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