Is BNB still a good investment?
Market Cap: With a market cap of $43.9billion BNB ranks fourth on Coin Market Cap. Expert Opinion: Many experts consider BNB a good investment due to its deflationary nature and growing utility.
In the previous 24 hours, BNB has experienced a decrease of 1.2%, reflecting a modest bearish sentiment within the market. Nonetheless, the overarching sentiment for the long term remains optimistic, with projections suggesting that BNB could potentially achieve a value of $530 by the end of 2023.
Binance Coin would need to gain 3,111.27% to reach $10,000. According to our Binance Coin prediction algorithm, Binance Coin will hit $10,000 in March 2044. Will Binance Coin reach $100,000? Binance Coin would need to gain 32,012.73% to reach $100,000.
| Year | Price |
|---|---|
| 2025 | $ 587.92 |
| 2026 | $ 617.31 |
| 2027 | $ 648.18 |
| 2030 | $ 750.35 |
According to CoinMarketCap forecasts, BNB has tremendous potential for long-term holders. This website believes that BNB can go as high as $2,590.17 (+930%) per coin.
Solana (SOL)
Its ability to support sophisticated decentralised applications (dApps) while maintaining scalability is a significant driver for its potential explosion in 2024. As developers and financial markets look for efficient blockchain solutions, Solana stands at the vanguard of possible bull market trends.
BNB is priced at $308.30, down 1.78% in the last 24 hours. The price is down 55.25% from its all-time high (ATH) of $690.93 in 2021. In 2023, BNB dropped 23% due to Binance being sued by the SEC. Our BNB price prediction forecasts an average price of $620 by the end of 2030.
- Bitcoin (BTC) – The Most Popular Cryptocurrency in the World.
- Ethereum (ETH) – The Most Popular Platform to Create Web3 dApps.
- Solana (SOL) – A Faster, Cheaper, and More Secure Ecosystem.
- Ripple (XRP) – A Top Crypto That Aims To Replace The SWIFT System.
| Coin | Market Capitalization | Current Price |
|---|---|---|
| Bitcoin (BTC) | $1.30 Trillion | $66.221 |
| Ethereum (ETH) | $390 Billion | $3,254 |
| Binance Coin (BNB) | $86.3 Billion | $577 |
| Solana (SOL) | $69 Billion | $154.53 |
Ethereum price to hit $10,000 at cycle peak, analyst projects - TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more.
Will BNB reach $500?
However, the altcoin did manage to reach the $500 mark. But by the looks of it, BNB will be stopped short in its path before it can revisit that milestone. The BNB price rise did not impress its investors as other altcoins did, resulting in BNB holders losing optimism.
| 24h Range | $526.69 – $554.61 |
|---|---|
| 7d Range | $519.20 – $625.18 |
| All-Time High | $686.31 20.8% May 10, 2021 (almost 3 years) |
| All-Time Low | $0.03982 1365144.6% Oct 19, 2017 (over 6 years) |
How Many BNB Are There in Circulation? There is an initial maximum supply of 200,000,000 BNB coins, of which 168,137,036 are currently in circulation as of September 2021. Binance conducts quarterly burning of the BNB supply, with the goal of reducing the total supply by half — or 100,000,000 BNB.
This could be due to the overall bearish market sentiment or the regulatory challenges that Binance is facing. A decline in trading volume could lead to a decline in the price of BNB. Despite these challenges, BNB is still a strong cryptocurrency with a number of positive factors supporting its long-term growth.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2029 | $24,488.55 | $25,195.48 |
| 2030 | $36,796.32 | $38,056.19 |
| 2031 | $54,306.57 | $55,828.42 |
| 2032 | $78,895.11 | $81,128.89 |
Binance coin (BNB) may be an excellent choice if you want to invest in a major cryptocurrency other than Bitcoin or Ethereum. ... It's also used as a utility token for Binance Smart Chain (BSC). Traders use BNB to pay for trading fees, and by using BNB, they receive a 25% discount.
In conclusion, BNB offers many advantages over ETH, including faster transaction speeds, lower transaction fees, wider utility, and greater adoption and popularity.
If Bitcoin's consolidation ends and the bull run resumes, altcoins are likely going to trigger a massive rally. Last cycle's hot tokens like SOL, AVAX, WIF, ONDO, etc., could see renewed enthusiasm. Investors should consider dollar-cost averaging or buying the dips to get a better entry and maximize their returns.
- Cryptos With Explosive Potential: Ethereum (ETH-USD) ...
- XRP (XRP-USD) ...
- Cryptos With Explosive Potential: Cardano (ADA-USD) ...
- Dogecoin (DOGE-USD) ...
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- NEAR Protocol (NEAR-USD)
The most popular ones include Bitcoin, Ethereum, Tether, Cardano, and more. There are different categories of crypto including mining-based coins, stablecoins, memecoins, and security tokens.
What is the next big crypto coin?
The team allocated 15% of the total $DOGE20 supply to provide rewards for two years, with most of these distributed in the first year. Overall, Dogecoin20 entered the market to fanfare and is expected to be one of the next big cryptocurrency projects in 2024.
By 2040, we may expect an average price of $3550 depending upon the market trend. Our maximum price prediction for BNB Coin is $4200 in 2040. If the crypto market gets bullish, the #BNB Coin may surge more than our #BNB Coin Price Forecast in 2040.
Bitcoin (BTC) Price Prediction 2030
According to your price prediction input for Bitcoin, the value of BTC may increase by +5% and reach $ 85,373.88 by 2030.
Binance coin is the crypto-coin issued by the binance exchange and trades with a BNB symbol. This coin runs on the Ethereum blockchain with standard ERC 20 and is limited to a maximum of 200 million BNB tokens.
- Dogecoin20 – Fresh and Cheap Cryptocurrency With Staking Utility. ...
- Sponge V2 – New Token Version of a Popular Meme Coin With High Staking APYs and P2E Rewards. ...
- Bitcoin Minetrix – Stake-to-Mine Crypto Raised Over $12 Million on Presale.
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