Will BNB reach $50 This Year? - page 9.

ss890

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Quote from: CryptoBry on May 19, 2019, 06:56:46 AM

I am amazed at the way that BNB is growing this year. What is more amazing is that after the famous Binance hack, BNB seems to be untouched and it even continued growing. Aside from its top exchange platform, people are also looking forward to the Binance Chain as possible rival of Ethereum and TRON.

Right now it is sitting at the $28 level and is considered to be the top gainer for this recent rebound of the cryptocurrency market. The future of BNB is now getting to be rosy to the hurrahs of its growing supporters and holders...

Do you think that BNB can be able to reach the $50 level within this year? Or does it have the potential to do so, in the first place?

Yes I think BNB can definitely reach $50 level within this year. We have coin Burn of BNB due every quarter so price of bnb has to increase every quarter. Moreover, as we are saying bull run is coming and Binance also manipulates the price of BNB so I am pretty sure that BNB can reach $50.

jarhed

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Quote from: DeathProxy on October 10, 2019, 05:52:47 PM

To be honest with you its a big NO. One of the reasons BNB made a massive pump increase to beats its ATH price of 2017 was because of the IEO Binance introduced which was in high demand because of its roi it produced. The need to hold binance coin BNB to be able to participate in Binance IEO had a ripple effect on the price of BNB. Now that IEO are dying gradually its hard to say that BNB will reach the 50$ mark this year

I think that the BNB will be held at $ 20-30 this year. The coin remains very liquid and promising, which has its own network, as well as many trading exchanges. I plan to buy BNB below the price level of $ 15.

DeathProxy

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To be honest with you its a big NO. One of the reasons BNB made a massive pump increase to beats its ATH price of 2017 was because of the IEO Binance introduced which was in high demand because of its roi it produced. The need to hold binance coin BNB to be able to participate in Binance IEO had a ripple effect on the price of BNB. Now that IEO are dying gradually its hard to say that BNB will reach the 50$ mark this year

Renampun

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Quote from: jackblacksparrow on October 10, 2019, 04:02:33 PM

BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

most likely will not grow to $ 50 until the end of this year,
but for long-term growth, BNB is very likely worth $ 50 in next 2-4 years ,
Binance exchange is very popular right now and one of the best with a large daily trading rate every day,
every IEO held there will be immediately invaded by investors.

Darooghe

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This is the first coin that has an actual product behind it AND a substantial user base. holding BNB allows Binance users to save fees, indirectly benefit from Binance profits via token burn, use BNB as a quote pair and requiring ICO participants to hold a minimum 100 BNB for 20 days. Then there’s the added speculation of the DEX, projects switching their tokens from ETH to the upcoming Binance chain, upcoming Margin trading and funding, profit sharing among nodes for DEX listing and ICO airdrops to BNB holders. Also, competing exchanges are starting to list BNB.

It’s hard to pinpoint how high this coin can go. From a trading perspective, as BNB defies BTC’s volatility, it will incentivize holding it instead of BTC. Most coins in Binance have a BNB pair and notice they add a BNB pair the minute a coin takes off if it doesn’t.

jackblacksparrow

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BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

mdzahed134

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Quote from: jhontwis on October 08, 2019, 05:08:20 AM

The price of BNB experienced a huge drop. Some of the BNB holders to join the IEOs suffered damage. A new order needs to be established. IEOs are about to go out of fashion. I think that the BNB price will exceed $ 30 again.

BNB price rocket high in the last a couple of months i see when 4$ and it’s last price was near 30$. I think BNB launched projects highly dominated to early grow the price. Even the previous all of the endorsement projects lunched in BNB market. But i think investors lost will be recover in this year because huge possibility to reach minimum 40$ i guess. BNB development will strong day by day that's why i think most provably in the future it will be next ETH.

alan2here

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Bnb will rise fast in the coming months but I don't think that it will reach to 50$. There are too many bag holders especially around 30$. We need them to sell their coins to the more patient ones and after that, we may see the price is going to 50$. But, this requires time, so, it may not reach to 50$ at the end of this year. With burns, the circulation supply will decrease and the coins in the hands of the team will be decreasing as well.

My analysis is that the coin will end at $25 by the end of the year because the market in the last few days is very good and the top coins are recovering slightly. I think BNB is still a top pick at this stage but what I'm worried about is that long-term investors are holding a lot of BNB so there will definitely be a big correction before starting the price rise.

Anyway, BNB has a lot of good functions and if you keep this coin in the long run, making a profit is only a matter of time. Of course there are risks but this will not affect your profits much.

crossabdd

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Well, I think BNB is a rival of ETHEREUM. BNB growth is the same as ethereum which is so fast. and able to attract many investors to make it the number one trading platform in the world. it's really amazing. new platform but can take the top position in crypto blockchain. as a trusted place for a market and smart contract for a new project. i think if for 50 $ it's very easy. let's look at the next increase in BNB.

Natalim

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Quote from: mauriek on October 09, 2019, 12:13:16 AM

I was surprised when I see the price of BNB has now been rated at $16, the last I checked last month the price of BNB was still above $30. I think it will be difficult for BNB to reach $50 at the end of this year because currently prices too far down.

That was brought by BTC's unstable movement, and maybe a little correction of the price since from $6 this year and it shoot up to $30+, that's a big increase already. With its price now, its still considered bullish and remember that the year has not ended yet, so if the pump that we see today will continue and become stable, we might see it have a new ATH again this year.

janggernaut

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Quote from: coinswebid on October 09, 2019, 06:35:36 PM

Quote from: ashmodeus on October 09, 2019, 05:47:37 PM

the price seems realistic , since eth ATH is 39$ , $50 by end of this year it's possible to reached,
and also,this time , i see market going green, $10,000,000,000 came in a few hours. perhaps this signal for next bull run.
and btw, binance has bought JEX exchange, its a plus point for why bnb can go to range $50.
and the last point, their IEO still favoritable.

wow, Binance bought JEX exchange ? how did you knew about this news mate, would you like to give me a link to this news
seems binance now stronger than before, even binance can beat an old exchange such bittrex and poloniex
and i'm sure BNB will reach about $50 before the end of this year

The news has been published 1 month ago, you can read the detail on here https://www.google.com/amp/s/www.coindesk.com/binance-acquires-crypto-exchange-jex-to-boost-derivatives-offerings%3famp

Afaik since starting 2018, when binance is on top big 3 exchange sites, they have beat almost all popular exchange sites before (poloniex, bittrex too).
Not sure with your opinion, since BNB token only worth $17 now, it was above $30 though several months ago

coinswebid

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Quote from: ashmodeus on October 09, 2019, 05:47:37 PM

the price seems realistic , since eth ATH is 39$ , $50 by end of this year it's possible to reached,
and also,this time , i see market going green, $10,000,000,000 came in a few hours. perhaps this signal for next bull run.
and btw, binance has bought JEX exchange, its a plus point for why bnb can go to range $50.
and the last point, their IEO still favoritable.

wow, Binance bought JEX exchange ? how did you knew about this news mate, would you like to give me a link to this news
seems binance now stronger than before, even binance can beat an old exchange such bittrex and poloniex
and i'm sure BNB will reach about $50 before the end of this year

ashmodeus

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the price seems realistic , since eth ATH is 39$ , $50 by end of this year it's possible to reached,
and also,this time , i see market going green, $10,000,000,000 came in a few hours. perhaps this signal for next bull run.
and btw, binance has bought JEX exchange, its a plus point for why bnb can go to range $50.
and the last point, their IEO still favoritable.

mauriek

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I was surprised when I see the price of BNB has now been rated at $16, the last I checked last month the price of BNB was still above $30. I think it will be difficult for BNB to reach $50 at the end of this year because currently prices too far down.

zeze18

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Quote from: jhontwis on October 08, 2019, 05:08:20 AM

The price of BNB experienced a huge drop. Some of the BNB holders to join the IEOs suffered damage. A new order needs to be established. IEOs are about to go out of fashion. I think that the BNB price will exceed $ 30 again.

Yeah people force sell bnb right after the ieo ends if they don't get the ieo tokens. So bnb price is get high only when there is ieo upcoming

PLATO

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Quote from: heidikim on October 08, 2019, 06:46:07 PM

It might be a bit of a guess. However, I think that at the end of the year the price of BNB could be $ 100. He has strong capital and can raise the BNB price with new games. It seems logical to invest some money.

You should look at the facts more because up to now the value of BNB has remained at $15 and not much change in price during this period. In my opinion, BNB will only reach $30 by the end of this year because of the decreasing demand for investment BNB and certainly this is no longer a good option to invest. Personally, I really like IEO projects that use BNB but if the IEO trend ends, this coin will soon be forgotten.

heidikim

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It might be a bit of a guess. However, I think that at the end of the year the price of BNB could be $ 100. He has strong capital and can raise the BNB price with new games. It seems logical to invest some money.

Robotbitcoin22

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It seems like this will be difficult for BNB to be able to achieve these prices again because the challenges that will be faced by binance are also quite large. IEO is no longer in great demand after finding out there was no transparency and there were also many who lost due to the IEO

Arsenyo

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Binance is rightfully the best exchange for now and it can significantly increase the price of BNB in near future, but it can reach $50 only if bitcoin will start to rise. IEO's also affect the price, as new IEOs force investors to buy BNB because of the requirements for joining the IEO. $50 or not, it is worth to invest in it without any doubt.

Russlenat

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Quote from: jhontwis on October 08, 2019, 05:08:20 AM

The price of BNB experienced a huge drop. Some of the BNB holders to join the IEOs suffered damage. A new order needs to be established. IEOs are about to go out of fashion. I think that the BNB price will exceed $ 30 again.

What do you have in mind that will replace IEO?
The thing is we judge too early, IEO has just being its popularity this year, we should give them more time.
About BNB, yes it dropped hard but mind you, it started at $6 this year so its still a great profit now.

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