Will Binance Coin (BNB) reach $1K? - page 20.

aylabadia05

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If Bitcoin can hit 100k then I can't see why BNB wouldn't hit 1k

If BTC can reach $100K, why can't BNB go up to $1K?.
What if we look at and analyze every opinion given by those who have had much higher experience above us about the journey of coins in the crypto space, from top coins to junk coins. Wink

pragna

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

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 think this is very normal thing and that will happen very soon. After the high gas fee of ETH, BNB has reached their goal in very easily and continuing also. So if they maintain their present standard and if market did not down, soon it will hit to 1k$. Stay here.

bamb

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Binance coin is heavily manipulated and big supply is in few hands. Bnb can definitely reach $1k with it's supply structure, burning mechanism and it's utility both on bsc and on binance exchange itself!

Koro-Sensei

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

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?

They could. I think the main problem with binance right now is centralisation but other than that, its features are richer than eth. Its fees are low than its rival Ethereum. Another thing is the speed. Aside from low fees, speed is also one of factors of being a great blockchain. It even surpasses the number of transaction versus Eth so in my opinion, in 2-5 years it could reach 1K or even more.

indah rezqi

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Quote from: JeWay on October 31, 2021, 07:26:33 AM

Quote from: indah rezqi on October 31, 2021, 04:57:58 AM

For a coin like Binance, it's not that hard for me to hit $5K. Regarding when the price will be reached, I and even other friends cannot be sure when the price can be reached by BNB, which is supported by big projects.

That's too high mate, even for the price of just $1k BNB had to really struggle to find it, so it's not a matter of when it happens but more of a possibility or not, because every year all coins start to compete very fiercely and chances are for next year Matic will be a particular highlight of the project developers as well.

If we look at the supporting factors and the value of benefits from Binance Coin, for me the level of difficulty is not too high, although we can't determine when it happened. For now and even next year, I'm sure the Binance network i.e. BSC will still excel even if you say Matic will be a special highlight.

Cling18

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As for me, yes, it could possibly reach $1K in the future simply because it's too functional and has built a good foundation of trust from its investors already. It only needs more adoption and to be known by more huge investors just like what happened to Bitcoin. I'm sure that it will take time but I do not doubt that it could develop more in the future.

X-ray

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

Now that BNB is at $526, will BNB reach $1K?

Binance has so many reasons why it must reach 1k for sure. The burn was still happening until it will be reaching around 100 millions supply in the market. So many binance coin were also getting locked into the various platform like pancakeswap or BSC swap service that exist in the market. Remember that binance has been used for farming and staking as well. This will be adding more and more binance coin to be locked in the smartcontract.
Binance was also the biggest exchange site in the world. Regular fund that was coming from the binance revenue being used to expand its service into the various countries and funding various project to be a part of its ecosystem. 1k will be very easy to be reached by binance. Binance has the same potential like ethereum. The only problem is this coin lack of hype. Once a big pump happens with binance and this will be triggering all of crypto users to get in.
BNB potentially to reach 2k

geegaw

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It seems to me that this will happen sooner or later. The BSC is very much used and the decrease in coins in circulation will sooner or later make itself felt thus we will see that the price will exceed 1k dollars. I think the price of 1k will be already in the next cycle of market growth.

Agree, Binance is a consultant and broker of many successful projects, after deploying a world of their own, besides using BNB as a cost, their sublimation is continuous and strongly motivates investors, for the cooperation to benefit from such project lines, almost everyone is embracing a lot of capital in BNB. 1k$ is a fully available path, what to complete is only valid procedures, this validity can come from some new advertising, coin burning or better yet, experiment with another trend

herurist

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when talking can or not I confidently answer this with the word can.
because indeed the adoption of bnb continues to improve, besides that their coin burn system is still a pretty good thing to see because indeed every 3 months they always do that.
the problem now is when it happened. they could reach that price maybe even more but for the time we can't predict this exactly, and time will tell all.

iv4n

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Quote from: budi691 on October 31, 2021, 08:08:10 AM

for now the number of projects that use the BSC network makes the value of BNB prices go up, so slowly and surely BNB will continue to rise and can reach $ 1k by the end of this year, and the cheapness of GAS makes the BSC Network attractive for many projects,

I agree, I find BSC network very attractive because of the fees as well! It's how I started to learn about BNB because I wanted an alternative for Ethereum, and I found it! Probably BNB will face the same issues with fees once, or maybe not? But if they have a solution for this, if they can do something about this before it happens I believe that BNB can come closer to Ethereum in years to come!

Buntel168

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It is not imposibble to BNB reach $1k, because many man using Binance smart chain and the project .
and there are so many projects in the binance smart chain and this is one of the reasons why binance will be able to reach $1k

Raflesia

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I said it was possible to exceed the price of $ 1000 but the exact time and time no one knows when, the rally comes again then we need to expect to be able to redeem it, I believe about this even little by little I continue to hold BNB for the long term seeing the good prospects so good in the future.

Short time is not enough and this requires a process of how they can develop it, even though there are many companies for their projects but this takes a long time and this must be based on the price of BTC and ETH.

Rahman11

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BNB could surpass $1,000 and reach $1,110 as early as mid-2023, as predicted by Coin Price Forecast. They also predict $1,714 by 2025 and then $1,870 by 2030. An increase of +333%.

Binance Coin is one of the best performers of 2021 so far. Starting 2021 at $38.61 it has soared to $598.19, a new all-time high on the 13th of April 2021.

Now stable within 400 to 550 usd range and definitely some amount will be rising in near future.

bigjuk

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Quote from: Gorosden on October 31, 2021, 05:16:28 AM

Binance smartchain rocks presently, it's one of the cheapest chains available today so I believe there will be more people jumping into BSC network once ETH gas fee is going Insane once real alt season starts

Actually there is something cheaper than the cost in BSC bro, namely the cost on the Polygon and Tron networks, it's just that at this time there are not many project developers who want to use the two networks so they still want to stick to BSC which also has a big impact very positive for BNB.

michellee

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Binance have a big chance to reach $1k in the future but we do not know when that will happen as it could happen in the next months, year or in the next few years. If we see what happen to ethereum, the price needs almost 6 years to reach the highest price this year so maybe that will happen too with BNB. But maybe to reach $1k does not need too long for BNB as BNB needs $500 to lift and reach $1k. But BNB needs more time to lift the price step by step and that will depend on how bitcoin moves at the market since now, bitcoin prices are down again.

budi691

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for now the number of projects that use the BSC network makes the value of BNB prices go up, so slowly and surely BNB will continue to rise and can reach $ 1k by the end of this year, and the cheapness of GAS makes the BSC Network attractive for many projects,

blockman

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

Binance Coin (BNB) is the most popular coin currently in the crypto space.

It is popular but not the most popular.

Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

Now that BNB is at $526, will BNB reach $1K?

The chance is there as it keeps on burning and there's still a lot of demand for BNB. There's a lot of projects that are also working on BSC and that makes the value of BNB higher because they're using the chain of BSC and that helps to pump the price of BNB.

EYC_ONE

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

Now that BNB is at $526, will BNB reach $1K?

It cannot be said but in the current market, ETH and BTC have exceeded their highest prices. Where BNB has not done that now. So it is possible to come soon to reach the new price

masterrex

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Quote from: aylabadia05 on October 31, 2021, 03:31:04 AM

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, this is crypto space and I believe everything is possible and Actually, the BNB price already reached $677 about 6 months ago, so that $1K per BNB price speculation is also possible and who knows it will achieve before this year-ends. Anyway, it was just my opinion, after all, it will still depend on the market situation.

JeWay

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Quote from: indah rezqi on October 31, 2021, 04:57:58 AM

For a coin like Binance, it's not that hard for me to hit $5K. Regarding when the price will be reached, I and even other friends cannot be sure when the price can be reached by BNB, which is supported by big projects.

That's too high mate, even for the price of just $1k BNB had to really struggle to find it, so it's not a matter of when it happens but more of a possibility or not, because every year all coins start to compete very fiercely and chances are for next year Matic will be a particular highlight of the project developers as well.

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