Will BNB reach $50 This Year?

[jostorres]

If the bitcoin costs $ 20k, then the BNB will cost more than $ 50 this year. And hacking Binance did not really affect the cost of BNB, because people have a good margin of trust in Binance.

Most altcoins are dependent on bitcoin for now and I think it is from that point you are coming, but if you look at binance, binance has been kind of independent of bitcoin to some extent, although bitcoin bull run generally do make the price of most altcoins increase, but binance getting to this value was actually by their projects.

They have already established solid projects that will always make both the old and the new investors to often demand for bitcoin and not one time demands like some coins. There are some coins that I have only put in money in their market once, and that is because I only see them as being useful for investment, unlike some coins like binance and bitcoin that serves the purpose of being used as utility coin also.

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[polylogic]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

i think the new lending program with 15% p.a. is awesome.
if i wouldnt have locked my bnb at mco for 8% then i for sure would use it.

[AUruHM]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

i think the new lending program with 15% p.a. is awesome.
if i wouldnt have locked my bnb at mco for 8% then i for sure would use it.

Watching at the current price it seems impossible.  I wait for BNB by $23.5 and I got it. But the main reason for BNB holding is Binance constant development. I imagine with horror the MtGox situation. And that's why I'm sure that we don't see BNB by $50 till the next summer

[Sirait]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

in the last 8 months, the price of BNB continues to grow, as does the level of trading volume at Binance. With the influence of their fame and exchange power, I'm very optimistic that Binance Coin will reach $ 50 by the end of this year.

[ici_lemmy]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

in the last 8 months, the price of BNB continues to grow, as does the level of trading volume at Binance. With the influence of their fame and exchange power, I'm very optimistic that Binance Coin will reach $ 50 by the end of this year.

It seems your words are against the market's thinking because BNB is currently at $22 and a lot lower than a few months ago. Everyone encourages investors to buy BNB but in fact, this coin does not bring many benefits in investment. I personally only buy BNB to get reduced transaction fees or have the opportunity to participate in IEO projects proposed by this exchange. If you want to invest in a real project, stay away from BNB because it will cost you a lot of money at this point until the end of this year.

[dzhan]

BNB token can reach 50$ and even more this year, its price is already growing up fastly in a short amount of time, and the usability of BNB is also increasing with time, since so many traders and investors need it to participate in the IEOs of Binance, or to trade in the Binance Dex.

[freedomgo]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

in the last 8 months, the price of BNB continues to grow, as does the level of trading volume at Binance. With the influence of their fame and exchange power, I'm very optimistic that Binance Coin will reach $ 50 by the end of this year.

No, it didn't continue to grow, BNB's high this year so far was $35 while it's only trading now at $23, that's a big decline due to the decline of BTC as well.
Graph don't like, there's an increase but the price did not continue to grow. you can check below.


https://coinmarketcap.com/currencies/binance-coin/#charts

Despite of that decline, I'm still optimistic that BNB will be able to achieve $50 this year as long as BTC will not be stagnant at the current price.

[Farma]

binance is currently #2 crypto exchange in the world according to coinmarketcap
i wouldnt be supriced if it goes way beyond $50 and i must say kucoin could easily follow these footsteps as i think kucoin has little better rewards for holders.

both of them are still very undervalued and once altseason hits these two will be unstoppable.

they have a great exchange and people love to use it.

i think the new lending program with 15% p.a. is awesome.
if i wouldnt have locked my bnb at mco for 8% then i for sure would use it.

yes, I also won't be surprised when the price of BNB reaches $ 50, I think BNB will have a chance when the price of altcoin starts to recover. I see that the price of BNB is quite close to the price of $ 50. a while ago I thought the price of BNB was very easy to achieve it, it's just that the current state of the market is pretty bad making the price of BNB stable below the price of $ 30.

[Nivia1st]

Binance is having a trust issue. some time ago there was news about this exchange being hacked and many KYC data leaks. but for some time Binance clarified this issue. however there are still some of their users who question the security of the exchange.

if binance cannot convince users, I'm afraid this could have an impact on BNB prices. despite all this, I'm optimistic that BNB can reach $50 later this year.

[Taufik blackspade team]

for this year we will not see BNB grow that high. we are in a market which is not so good right now, even if we expect an increase in prices in the market for this year, it will not be enough to bring BNB at $ 50.

[Exidous]

BNB token can reach 50$ and even more this year, its price is already growing up fastly in a short amount of time, and the usability of BNB is also increasing with time, since so many traders and investors need it to participate in the IEOs of Binance, or to trade in the Binance Dex.

Everyone has been believing this coin all this time and investor confidence in this exchange is so great so I can be sure that this price will be reached by the end of this year. At the moment, the value of BNB is very cheap compared to the previous month so this is a great opportunity for people to start participating right now. Personally, I have a small amount of money to hold BNB and will consider holding in the long term so patience at the moment is the key to success.

[Reatim]

binance become the best crypto market in short period time, and thats really great result
so, in my opinion maybe $50 is the target price of BNB in this year my friend

Sometimes fast in growth delivers fast failure as well,I believe Binance is a good platform and exchange but I doubt it’s capacity to stand longer against the cruelty of cryptocurrency
I have just read that they have restart or something this year but yet nothing turns posit8e because they still fall together with other altcoins so I think this 50$ value may happen but not today or in this year forward.take time to make it happen ,

[Japinat]

for this year we will not see BNB grow that high. we are in a market which is not so good right now, even if we expect an increase in prices in the market for this year, it will not be enough to bring BNB at $ 50.

I will go against your prediction, I think BNB is capable of reaching to $50 because it's the most profitable altcoins in the market for this year.
We will see more IEO and we will see more demand on BNB, what is needed for this to happen is the market changes in the following months which we hope it will happen, then we will see BNB will rise as it always rises in the occasion, especially when BTC is pumping.

This month is about to end but BTC has not perform well and so with altcoins, and that's why we are seeing now a red market but we can't expect the smae market we will see months from now, I believe there are positive changes coming.

[Blue_oxen]

binance become the best crypto market in short period time, and thats really great result
so, in my opinion maybe $50 is the target price of BNB in this year my friend

Sometimes fast in growth delivers fast failure as well,I believe Binance is a good platform and exchange but I doubt it’s capacity to stand longer against the cruelty of cryptocurrency
I have just read that they have restart or something this year but yet nothing turns posit8e because they still fall together with other altcoins so I think this 50$ value may happen but not today or in this year forward.take time to make it happen ,

It will take a long time to reach this price but this year is not really good for investment and BNB will certainly not be able to reach $50 this year. The market is changing very much and a lot of coins are in the adjustment phase so it is certain that BNB will soon have a huge decline by the end of this year and in my analysis BNB can completely return $10 before a new price increase begins in 2020 so be patient and don't invest in BNB

[Jpti]

I think this year has been very fruitful for Binance Coin as it rose vertically in price. Its price rose from around $5 to over $35 in a short span of time. So we can easily believe that BNB can hit $ 50 anytime. Now its price has been decreasing only to increase. I believe the coin will hit $50 by the end of 2020.

[DudeAtWork420]

I think this year has been very fruitful for Binance Coin as it rose vertically in price. Its price rose from around $5 to over $35 in a short span of time. So we can easily believe that BNB can hit $ 50 anytime. Now its price has been decreasing only to increase. I believe the coin will hit $50 by the end of 2020.

The decrease happened because of their 'failed' IEO Perlin. If something like this happens again in the future, let's not talk about $50 even $30 is hard enough.
people will not buy something expensive for nothing, they are expecting a good return from it. They might move their money to a cheaper one like Okex for example.

[Brandonkelv]

Binance team have always tried in making their token pump hard. But recently may be due to the fail IEO they hard the token as really drop. I bought it just few days ago at $25 but now it has drop to $21. At this rate am not sure this token can actually sale at $50 this year considering the huge gap.

[alrose]

I completely trust this exchange. It is very promising so the price for their 1 coin can be higher than $ 50.

[Chrystora123]

I think this year has been very fruitful for Binance Coin as it rose vertically in price. Its price rose from around $5 to over $35 in a short span of time. So we can easily believe that BNB can hit $ 50 anytime. Now its price has been decreasing only to increase. I believe the coin will hit $50 by the end of 2020.

seeing the cryptocurrency market is still sluggish at the moment, I'm very optimistic that 2020 is the best year for cryptocurrencies, but I'm still pessimistic that BNB will touch $ 50 this year and next year.

BNB price increases are still influenced by the supply & demand of the Binance Exchange.. and currently, Binance is not the world's No.1 exchange with the largest trading volume and the most users... I am very sure that the next 3 to 5 years is the time when the price of BNB reaches $ 50 or more.

[FaucetKING]

I do believe that the rate of BNB should be equal to at least one hundred dollars in the upcoming bull run. Binance has become one of the leading companies in the crypto field and it is really easy for BNB to soar.