Binance Coin price forecast at the end of the month $445, change for January 15.9%. Binance Coin price forecast at the end of the month $384, change for December 1.9%. Binance Coin price forecast at the end of the month $377, change for November 16.0%. Binance Coin price forecast at the end of the month $325, change for October 16.1%. Binance Coin price forecast at the end of the month $280, change for September 16.2%.

Visa has been attempting to establish its presence in the crypto space for a while now, and the financial services corporation is now doubling down on the same purpose. Leveraging the Ethereum blockchain, Visa plans to deploy its unique approach of automatic crypto payment. Invalidation of the bullish outlook will occur on the https://tradecrypto.com/news/altcoin-news/shiba-inu-founder-deletes-social-media-posts-steps-down-from-community/ breakdown of the $255 level on the daily timeframe. Each token is worth $0.018, so almost 55 million IMPTs have been sold, with a cap of 600 million. With the same percentage of sales remaining (i.e., about $500,000 per day), it can be sold out in 20 days. However, is it worth waiting three years for the investment to pay off?

Circulating Supply

This will indicate whether the bearish momentum has stopped or not. If it has, that would be a great time to make your investment, as you’ll be able to get in at a lower price than what we have seen recently. However, you must wait for some bullish confirmation before investing, as this will ensure your investment has a higher chance of success.

Dash 2 Trade’s ecosystem will be powered by the D2T token, which users will need to buy and hold in order to access the platform’s features. He Yi is another co-founder and chief marketing officer at Binance. She was previously a TV anchor and presenter on China Travel TV in 2012. Later, in 2014, Yi co-founded OKCoin, which was one of the reputed fiat-to-crypto exchanges in China at the time. In 2017, she joined Binance with Chang peng Zhao, and together they formed the largest CeFi globally — Binance. Every year, cryptocurrency experts prepare forecasts for the price of BNB.

Binance Coin Price Forecast 2023

Looking at the daily price chart, BNB struggles to trade above $300 as it continuously faces rejection near its immediate resistance level of $280. The EMA-20 trend line has dropped near the EMA-100 trend line, and BNB is making another attempt to break the $280 barrier. BNB has witnessed a significant liquidation and accumulation in the dip as the FTX’s collapse has brought FUD to its long-term investors. Due to this negative sentiment, the Balance of Power indicator trades in a negative range at 0.6, which may force BNB to test its support level at $260. The project analysis of the BNB coin is overwhelming, and it can soon end the tears and tantrums of the current bearish market and aim for an incredible high in the future.

• And of course, going through the price history of an asset, allows us to better understand what we can expect.
• However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Binance Coin or not.
• The BNB token itself has multiple uses, essentially being the underlying gas that powers the Binance ecosystem.
• The same has happened to different projects that have been released on top of the Binance Smart Chain.

They were weighing on BNB/USD initially but it seems like BNB users and traders are used to it now as buyers remain in control. However, amidst the recent downfall in BNB price, the sellers gave a massive breakdown from the $250-$260 support. The breakdown should accelerate the underlying bearish momentum https://tradecrypto.com/news/legal-news/european-parliament-crypto-tax-resolution/ and poise the prices for a deeper correction. The founding team and angel investors held another 100 million BNB between them. Binance proposed in its original whitepaper to spend 20% of its profits every quarter buying and removing BNB from circulation, until the volume was brought down to 100 million.

BNB’s Long Term Price Prediction

With more IEOs scheduled to be launched this year, we can expect to see the price of BNB continue to appreciate. At the time of writing, Binance Coin is among the top 10 cryptocurrencies in the world thanks to the plans implemented by the company over the last few years. Such developments will increase BNB’s adoption, and boost its price. Following the late June correction that faded the price to $23, trading has recently bounced back above the $30 before a slight drop to the current price.

• However, the RSI-14 indicator trades in a slightly bullish range at the level of 41, which may push BNB to the upside if BNB makes a bullish reversal from $260.
• In December the price has suddenly taken off updating new heights daily.
• Though the community has not estimated that BNB will fall drastically in price, they suggest that the coin will rather trade sideways.
• In that sense, BNB used to be an ERC-20 token, but that is no longer the case.

In fact, whether a coin is on the Binance cryptocurrency exchange or not could influence how other people view it. If the crypto market keeps growing, BNB can profit from it. In 2023, Binance Coin can break some of the psychological barriers and continue an uptrend.

What Will Binance Coin Be Worth in 2030?

The main factor that goes in Binance Coin’s favour is the popularity of Binance. A good way of visualising this connection is that Binance Coin can be thought of as Binance’s ‘stock’. Similar to when youbuy stocksin companies, an investment in Binance Coin is an investment in the underlying business. So, as Binance continues to grow in popularity, so too will Binance Coin. Aside from reducing fees, Binance Coin can also be used to pay for goods and services at a growing number of merchants. TheBinance websitenotes that BNB is accepted by various companies, such as Shopping.io and Travala.

Furthermore, if you decide tobuy Binance Coin UK, you’ll likely be holding it long term. Thus, minor crashes like this shouldn’t be of major significance to you. As you can see from the Binance Coin prediction made above, we believe the outlook is rosy for this coin. The price chart below https://tradecrypto.com/academy/blockchain-academy/cryptocurrencies-as-a-way-to-protect-against-inflation/ does seem slightly worrying, given the recent crash in price. However, much like when youinvest in stocks, it’s crucial to put any short-term price movements into perspective. As these heights have never been reached before, there are no technical elements to base these predictions on.

The Binance coin is listed on the Binance trading platform as an individual coin, a digital asset, trading with the BNB symbol. Binance coin started in 2017 and is backed by blockchain. The Binance ecosystem is designed to support a range of utilities, such as trading fees, listing fees, exchange fees, etc. Wouldn’t advise to believe all the positive bnb price predictions 2020.

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• CoinGecko provides a fundamental analysis of the crypto market.
• Moreover, with the ongoing uncertainty in the crypto market, the BNB price managed to retest the $252 mark as potential resistance.

Yes, if you are looking to enter a long or short BNB position, both perpetual swaps and futures are available for BNB. Perpetual swap trading pairs are available across several platforms, including on Binance’s very own derivative exchange, Binance Futures with the BNBUSDT perpetual swap pair. For those who are looking for BNB futures trading, only FTX offers it at the moment. BNB was initially created as part of the Binance exchange through its ICO. In its whitepaper, Binance states that BNB was designed to be used to pay discounted fees on the Binance platform and also function as the native token powering the Binance Chain.

What Is Binance Coin Worth in 2022?

On 12 January 2018, the BNB price reached a new high of $25.18. The ensuing strong correction pushed the price back to $5.52 on 6 February. After that, the https://tradecrypto.com/cat_reviews/tokens-reviews/ price began to slowly rise to $17.48 in June. That was then replaced by an equally slow decline that continued until mid-August and stopped at $8.50.

The project has now raised more than $534K in funds in the few weeks since the launch of the pre-sale. Calvaria has now raised $2.425 million, with a crypto whale scooping up $97.5K in one purchase last week. The presale is in the final stage, with only 22% of tokens left.