If you look at market developments which are starting to improve, it is very likely that BNB will reach $300 this year, I think an increase to $300 is not something impossible for BNB because this coin has very high potential to be able to repeat its achievements several years ago, Moreover, BNB is one of the altcoins that is very popular with everyone, of course with lots of users its popularity will increase in the crypto market, right?
It will grow in popularity if there are new users in the market, but so far it hasn't been noticeable. I think a rise to $300 is only possible if there is a real bull run. Separately from the market BNB will not grow, especially since binance has some problems with regulators. It's not a good time for exchange coins.
BNB coin isnt really just only reflecting an exchange coin yet we know on how Binance Chain does work and its relevance on this market which we know that when it comes to utility then it is really that good compared to those most shit coins in the market.It did really just turn out that they are dedicated exchange coins which is really that correlates Binance popularity and position on this space. It would really be just that so normal that as long Binance would really be placing its position at the top in speaking about exchange platforms then it is safe to presume that its coin would really be having the potential to increase its price even more.
As of this moment on which it is price on $212.08 which it isnt really that too far off on hitting that 300 mark. The fact that it was playing around on 300 mark on January 2023 to June 2023 and after that
which it did make out some corrections which if those people who had bought on that price then they are really that in negative but it would be that no sense that you would really be that
cutting loss your position now. Better hold off and wait for the market to have its recovery. We arent still on a bull cycle yet which there's still time to accumulate.