Will BNB reach $50 This Year?

[SolarWindMiningCompany]

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?

BNB is the top break out coin of this year as it hit its all time high of $24.5 set in 2017, and has become an outstanding performer alongside bitcoin but I think it has been overbought and with the IEO frenzy dying out, CZ will have to put up alot of interesting activities to make the coin reach $50 this year

[royalfestus]

Interestingly BNB has not seen that price growth like we saw at the beginning of the year till June since bitcoin has been losing some gains. It is making the news as top exchange for volume trade, and adding new projects through IEO and some existing coin are also getting listed. The decentralized platform will bring a lot of interest. $50 is quite possible in the shortest time with all this developments while bitcoin price also increases.

[campusnet]

for this year it doesn't seem like that. unless the market is really in a bull run. The BNB will still go down and rise according to the request when the IEO takes place. or if there is a plan from the team to halving the BNB maybe the $ 50 figure can be achieved.

[kabit9]

what use case does bnb have outside the binance eco-system? none.
what happens with binance gets overtaken by a better, safer, regulated exchange? bye bye bnb.

[m.rifki]

what use case does bnb have outside the binance eco-system? none.
what happens with binance gets overtaken by a better, safer, regulated exchange? bye bye bnb.

maybe someday it can happen. like polo and bittrex who may now lose their traders and choose at binance. when binance experiences it, the BNB will certainly lose its price. but now the performance of binance developers is truly extraordinary. many old projects began to join the BEP-2 blockchain and that would make trading from their platforms stronger. this is a game from the intelligence of binance developers.

[KuraJamban]

CZ are try hard keeping the value of BNB. I think BNB price can go even higher if Bitcoin not moving down again this time.
And also don't forget, in the next month there will be another IEO coming. So be prepared, BNB price will go to $50 this year.

[Lanatsa]

what use case does bnb have outside the binance eco-system? none.
what happens with binance gets overtaken by a better, safer, regulated exchange? bye bye bnb.

When IEO hypes up too much then we can or might see BNB would double up its price but it wont really be that easy but theres a chance.
When it comes on possibility of a new better exchange then expect for its price to plummet and come to think that nothing do last forever on the top spot.
Easy to judge but actually these are possibilities to happen.

[CryptoTech_]

The current market situation is not too good, BNB can still be stable because it is assisted by a successful IEO project there, in my opinion BNB needs to provide a new solution as they are starting an IEO, so that BNB prices can be 2x more than now at the end of the year

[patz22]

The current market situation is not too good, BNB can still be stable because it is assisted by a successful IEO project there, in my opinion BNB needs to provide a new solution as they are starting an IEO, so that BNB prices can be 2x more than now at the end of the year

IEO is very good to ensure the growth of BNB since the requirement is for a participant to hold BNB which can make pump for it however after the snapshot it can also cause Dump which is the same thing but maybe it can be a reason for stable price. We have to accept the fact that the main factor that BNB or any other alts will hit ATH this year it will still depend on BTC. Accept that fact!

[Leo]

I would never buy BNB at the prices you say. It may be the best stock market for now, but we never know what will happen in the future. too expensive for stock market money

bnb is not expensive at such a supply rate, it's best stock for now,  it has come down a little bit to $25+ with the way bnb team is proceeding I'm optimistic that it will be worth a lot in future

[sammy21]

for this year it is possible to happen, but it is very small. because the trend of the BNB movement seems to be moving downward. and this is the time to wait for the BNB to be under.

if the market improves and trade increases, I think the BNB can only reach $ 50. moreover now binance dex usage also increases along with the increasing use of  binance blockchian.

[koclok87]

yes.. i think can reach up to $70...
and we will see btc up in octob

[pakdemaco11]

I think the end of the year will be more than $ 50. binance launchpad always benefits people, plus many eth platforms migrate to binancedex

[lepbagong]

If you look at BNB price movements in the last few weeks, I am optimistic that the BNB will be able to reach $ 50 this year.  BNB really made a tremendous surprise, the price continued to increase.

The same thing as what you said that the BNB will be able to reach and possibly reach more than $ 50 at the end of this year, is not impossible because of the BNB's view and strength. BNB movement is very reliable. Expect this to happen well with other good altcoins.

[freedomgo]

as long as binance coin has a good development and is able to dance to a larger demand, the BNB will be easy to be able to increase the price, because the price you mentioned is still very cheap at least the BNB price can reach $100 in this year.

That's going to happen especially if the recovery of bitcoin is stable.
BNB was really doing great this year so far, but since BTC have some ups and downs, this will ruin the momentum and take note, we haven't seen an increase of altcoins yet in overall, so if that happen, $50 is guaranteed IMO.

[shiming]

Currently, BNB is still at a distance of $50. I think this year is unlikely. Maybe next year, the market will get hot next year. It is possible to exceed $50 and look forward to next year's market.

[clixcoin]

Currently, BNB is still at a distance of $50. I think this year is unlikely. Maybe next year, the market will get hot next year. It is possible to exceed $50 and look forward to next year's market.

It is always tricky to predict about the price movement nobody can tell what will be exact time to achieve this goal. Binance still in very high demand so anything can happen I hope before end of the current year we will see this happening.

[AUruHM]

Current IEO Wink will not give significant price growth for BNB. And $30 for the ticket is a simple satisfaction from IEO participation, not a good profit. But I'm sure CZ have a bomb project in their secret portfolio. And we will see it soon. Then BNB will begin to grow again. Not early

[AlaEhBTC]

I think it is possible as Binance is growing stronger and stronger as an exchange. I remember the time when its price is only cent and used it just for the half price of transaction fees.

[freedomgo]

as long as binance coin has a good development and is able to dance to a larger demand, the BNB will be easy to be able to increase the price, because the price you mentioned is still very cheap at least the BNB price can reach $100 in this year.

That's going to happen especially if the recovery of bitcoin is stable.
BNB was really doing great this year so far, but since BTC have some ups and downs, this will ruin the momentum and take note, we haven't seen an increase of altcoins yet in overall, so if that happen, $50 is guaranteed IMO.

well, until now there has been no price increase that has occurred on the altcoin, so I think $ 50 is a guaranteed price for the BNB when the altcoin prices recover. well, for the price of $ 100, I think it's still quite far away. most likely the BNB price can reach $ 50 is at the end of the year.

I'm sure about that but even if the altcoin market will not start its rally yet, but bitcoin is making a bullish move, strong altcoins such as BNB has chance to grow. In fact, it has proven this year that it can grow since it has made a new ATH this year, and this year altcoins has not start a run yet.