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Topic: Will Binance Coin (BNB) reach $1K? - page 18. (Read 2864 times)

hero member
Activity: 1554
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November 07, 2021, 02:21:13 PM
#66
In this case my answer is that it is almost possible because the BNB is one of the best coin and the other hand BNB fee is very low so all crypto user love of this coin and all support this coin so it is a very easy to say that it will easily to reach this price.
There are two perfections for BNB at the moment, firstly their exchange continues to be in demand and more and more people make transactions, secondly BNB looks pretty good in the market this month, the sign of BNB's stability is convincing enough for many people for now, many other things that influence BNB to achieve what what you say and I don't doubt it at all, it's probably going to happen this month or at the latest at the end of this year.
hero member
Activity: 2030
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November 07, 2021, 06:57:04 PM
#66
While I haven't been paying attention to the price action on BNB lately, I'm impressed to see how far it has come in the last few weeks. I recall when it dumped 50% from ATH when the market had the last serious downtime. Anyway, Binance burned another hefty amount of BNB recently ~ 1-2 weeks. That is also a catalyst for the recent price movement. As for where it's currently headed, no one knows. We might even see a $1500 valuation in this bull cycle... Who knows.
legendary
Activity: 2394
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November 07, 2021, 06:52:47 PM
#65
When seeing the growth of BNB it is possible to affirm that yes, that by this December we can see bnb in 1000USD, at the moment it has grown a lot, it is around 660USD to 664USD, it is not bad at all, BNB which has helped it in A large part is the behavior of BTC, since BTC has a good time above $ 61k, and this gives a lot of confidence to all investors and BNB bulls, for now what is expected is that it will continue to rise in price as they go out many more NFT game projects on the BSC network, not only get more mobility, but people prefer to use the full BNB for the projects than certain parts or shares.
member
Activity: 472
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November 07, 2021, 02:43:54 PM
#64
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 interested in the post you made, the advantages that BNB has are quite large compared to other altcoins, many people are starting to switch today to Binance Smart Chain (BSC), this is not without reason for people to switch to BSC, so what do you think? say according to the tradeoffs of people switching to BSC, to reach the $1K figure I think they will be able to do it, but it's around 12 months or the beginning of the year.
sr. member
Activity: 1680
Merit: 259
November 07, 2021, 02:07:14 PM
#63
yes, of course the main reason is the value of the coin. BNB is indeed the official token on its owner-driven platform, Binance's crypto exchange platform.In addition, this coin is also used in application activities in the Binance Smart Chain ecosystem. Namely, an ecosystem where developers can develop their applications on of Binance blockchain system.
On the other hand, their adoption is very good now because apart from the relatively cheap price, Binance's smart contracts are also relatively gas friendly.
on the other hand they are also still implementing a burning system which is quite good because they burn every 3 months and this makes them more popular.
on the other hand i'm not surprised if they can do a new ath in the near future.
hero member
Activity: 1316
Merit: 718
November 07, 2021, 01:54:08 PM
#62
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?
To ensure Binance is able to reach $1K, it is necessary to review its movement in the previous month, so that comparisons can be studied to make decisions in the analysis, Binance has an exchange that currently has an increasing number of transactions and the transaction price is quite cheap, this also affects the public in choose and use it in transactions.
On that basis, we can conclude, that Binance will be very easy to reach at the price you mentioned, depending on the end or the beginning of the year?
sr. member
Activity: 1002
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November 07, 2021, 12:17:35 PM
#61
In this case my answer is that it is almost possible because the BNB is one of the best coin and the other hand BNB fee is very low so all crypto user love of this coin and all support this coin so it is a very easy to say that it will easily to reach this price.
hero member
Activity: 1470
Merit: 755
November 07, 2021, 11:56:45 AM
#60
Binance Coin (BNB) is the most popular coin currently in the crypto space.
Scratch that.

Bitcoin still remains the most popular. Anyone hearing about cryptocurrencies for the first time must've heard about Bitcoin or ETH, not any other crypto. Even among the alts, I ain't sure BNB is the most popular.

Quote
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?
BNB is yet to surpass its ATH of $686 of May this year. $526 is still short of it. I'm optimistic it's going to zoom past that level and set a new record at the next alts rally that's forming now. $1,000 won't be a great deal to touch if anyone observed how far BNB had come a few years ago from around three cents to where it's now. It's really amazing. Except something ominous happens to the Binance exchange, I don't see its token – BNB– crashing and becoming worthless.
History does prove that Bitcoin is the most popular coin in the crypto space and Ethereum as the most popular altcoin is undeniable. But in terms of age, BNB which is relatively young when compared to Ethereum, I think right now it can also compete with Ethereum in terms of popularity even though there are still many who can't match Ethereum as a whole.
sr. member
Activity: 2366
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November 07, 2021, 11:54:40 AM
#59
Of course, there's no doubt about that with a lot of DeFi, memecoin and other coins that was compatible with BSC I really think BNB will reach $1k in no time. Remember last year or this year the price of the BNB is less than $100 and right now it's around $600 see how the price jumps?
what you said is very true, after entering the period of 2021 it began to move up. this is clearly progress although the possibility of a push from bitcoin could also have an effect. but we also can't turn a blind eye to their hard work to make BNB an option to make a profitable investment.

actually if you look at the BNB chart aligned with bitcoin, it's still below the average bitcoin earned, there should still be an opportunity to increase it even more and maybe in the future. it seems that by the end of this year the target that will be achieved by BNB to reach $1K+ will be easily achieved. because the development of BNB with the help of the Binance exchange is very visible and in harmony, to continue to be able to contribute.
hero member
Activity: 1470
Merit: 755
November 07, 2021, 11:43:20 AM
#58
But not in the near future or the end of this year huh?
The supporting factors that have allowed Binance Coin to reach a price of $1K are very strong, namely the Binance Smart Chain Network and the large Exchange. Regarding the relatively cheap transaction fees, it is still inferior to the Matic network. I don't think it's a grip.
There are four things that always make BNB superior to others and that is not owned by Polygon or Matic even though the transaction fees on Matic are much lower than BSC at this time.
1. An already very strong network (BSC)
2. A very popular exchange for a long time (Binance.com)
3. The fees are still very low and the transaction speed is quite fast
4. Lots of support from other parties that can help BNB coins stay at a good value
All of the factors you mentioned are very true that is what makes Binance Coin different from other coins besides the already very large BSC and Exchange network, so I said above that transaction fees are not a benchmark to compare the greatness of Binance Coin with other coins that have a network. Binance Coin still excels.
hero member
Activity: 2562
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Dimon6969
November 07, 2021, 10:39:29 AM
#57
Now a days you can see the hype in bnb. And actually for the binance it is no so hard to touch $1k . Its a very big exchange currency . And having a very large  and strong community. So i think yes it can easily .

There’s no much hype honestly, we can only see the real work of Binance here and that’s why they keep on growing and its values continues to increase as well. There’s no need to hype BNB, its already the top exchange and they continue to innovate, that $1k can happen this year so better to have it now.

Actually there's a hype on holding BNB right now because of there back to back launchpad that requires holding of BNB for a certain period of time to get allocation on the upcoming token. There is also an active launch pool  for a famous and hype game Mines of Dalarnia which many is waiting for this game token. I agree that this is the result of Binance work but the hype of people who wants to participate on this project is Thea main reason why the price keeps growing. This is not hype if the BNB price didn't pull back once these said event is already over which I highly doubt.
full member
Activity: 2128
Merit: 180
November 07, 2021, 10:34:34 AM
#56
Now a days you can see the hype in bnb. And actually for the binance it is no so hard to touch $1k . Its a very big exchange currency . And having a very large  and strong community. So i think yes it can easily .

There’s no much hype honestly, we can only see the real work of Binance here and that’s why they keep on growing and its values continues to increase as well. There’s no need to hype BNB, its already the top exchange and they continue to innovate, that $1k can happen this year so better to have it now.
full member
Activity: 524
Merit: 100
November 07, 2021, 10:31:45 AM
#55
Now a days you can see the hype in bnb. And actually for the binance it is no so hard to touch $1k . Its a very big exchange currency . And having a very large  and strong community. So i think yes it can easily .
full member
Activity: 743
Merit: 110
November 07, 2021, 09:38:09 AM
#54
yes, of course the main reason is the value of the coin. BNB is indeed the official token on its owner-driven platform, Binance's crypto exchange platform.In addition, this coin is also used in application activities in the Binance Smart Chain ecosystem. Namely, an ecosystem where developers can develop their applications on of Binance blockchain system.
member
Activity: 283
Merit: 10
November 07, 2021, 06:29:37 AM
#53
I'm positive that this BnB coin will hit 1k$ in the short term since this is the exchange coin most popular. Also, I think that 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.
legendary
Activity: 2212
Merit: 1008
November 07, 2021, 04:14:22 AM
#52
Of course, there's no doubt about that with a lot of DeFi, memecoin and other coins that was compatible with BSC I really think BNB will reach $1k in no time. Remember last year or this year the price of the BNB is less than $100 and right now it's around $600 see how the price jumps?
sr. member
Activity: 771
Merit: 258
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November 07, 2021, 03:53:58 AM
#51
There is no doubt that the Binance coin is one of the most popular coins. Additionally, it is also a BSC network, so it becomes even more popular. Every day many projects are added to the BSC network, so this is easily going to become a 1K $ coin in this year and for the long-term, it is a good choice.
full member
Activity: 1274
Merit: 104
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November 07, 2021, 02:35:47 AM
#50
BNB is very possible to reach a price of 1000$ even in my opinion if 90% of popular projects that previously used ETH blockchains had migrated to BNB it would make the price of BNB even higher and could even potentially match the current price of ETH
Another reason is related to features and also gas Fee which is much cheaper and more stable than others
legendary
Activity: 1680
Merit: 1853
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November 06, 2021, 04:13:02 PM
#49
It is very normal for Binance Coin (BNB) to reach this price, I also expect it to cross this price to 1200$ within a short period, BNB achieved ATH about 6 months ago at 686$, now its price is 624$, which means that it is very close to breaking its previous high and inevitably It will continue on the way to the new high which might be 1200$ as per my prediction.
Binance Coin (BNB) is a very strong currency and its use is wide, especially in the Binance network, which is constantly growing with thousands of transactions using (BNB) gas. Not only that, but Binance has a plan to burn the (BNB) token in order to reach the Total Supply ( 100 million) only, and this, when it happens, will cause the currency price to explode unexpectedly.
full member
Activity: 546
Merit: 148
November 06, 2021, 03:41:10 PM
#48
Bnb is deflationary in nature and very utilized products, there are also demand from different communities who want to hold bnb, I believe it's only a matter of time before bnb reached $1k.

I still cry inside anytime I remember how I sold my bnb on loss during covid-19 market collapse, the trauma and regret is something I have tried to overcome but anytime I set my eyes on how it's increasing every month, it used to weak me.  Cry
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