Will BNB reach $50 This Year?

[nicster551]

As of now BNB is in dip at $15 and I'm really shocked how dip the dump is. But as we can see the whole market have been decreasing but despite of this huge dip. I'm still holding all of my BNBs because this will be the next ethereum that will boom in the next bull run. Im expecting BNB will reach $40 at the end of the year.

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[Emperor of Man]

Well, BNB surprisingly dumped after CZ said not to short it, and it has not recovered yet. 

Regardless, it will easily beat $50 (and probably even $500) in a proper bull market. I just hope that binance continue to do well and it doesn't get into fights with the authorities, like some people believe.

[alan2here]

As of now BNB is in dip at $15 and I'm really shocked how dip the dump is. But as we can see the whole market have been decreasing but despite of this huge dip. I'm still holding all of my BNBs because this will be the next ethereum that will boom in the next bull run. Im expecting BNB will reach $40 at the end of the year.

BNB is influenced by Bitcoin price and this is something that no one wants in this market. I think the value of BNB will recover soon and if you consider investing at this point, this is the price you can hold for long. In the coming time, CZ will have many new policies to help long-term investors to earn profits from this coin so the holding will be very good. I personally buy BNB when there is an IEO project proposed at this exchange and this is the reason why investors have a special interest in BNB.

[conected]

I guess it can't go to 50$ until the end of this year. But it may go to 50$ in a year, probably after the bitcoin halving. Bnb-binance, they are doing incredible buildings and adding new features all the time. Lending, airdrops, IEOs, burns, futures etc, these will drive the price up for sure but it may not very soon such as the end of this year.

- Binance exchange really adds a lot of new features as a method to push their coin prices up, and their plan has been going very well for months, even when I look at this topic at the time, I'm not too surprised why people have such judgment. But unfortunately, most of our predictions have been broken when bnb's price has lost stability, and started to go down to a low level as it is now, I don't know the reason for this story, very suspicious of whale control, maybe too many people have held bnb, and whales don't have enough accumulation, they need to adjust and $50 becomes a distant price for bnb this year

[Samurai trieng]

Nothing is impossible in the world of cryptocurrency, moreover BNB coins have a very promising reputation.  I am sure this year will reach $50, because the growth is very positive, so many people buy and invest with this BNB coin, although the price of BNB coins has decreased due to the weakening of BTC prices, but now the BNB has stabilized again, and shows its class that  BNB is very sturdy, can survive in a very chaotic and weak market situation, and now BNB is starting to experience price increases again, we hope that BNB can be relied upon this year and beyond.

[lionheart78]

As of now BNB is in dip at $15 and I'm really shocked how dip the dump is. But as we can see the whole market have been decreasing but despite of this huge dip. I'm still holding all of my BNBs because this will be the next ethereum that will boom in the next bull run. Im expecting BNB will reach $40 at the end of the year.

I think BNB had been overpriced since I believe it was heavily manipulated.  It's use case is limited to its exchange and delisting IEO project proved that it does not guarantee a stay in the exchange even though IEO were hosted on it.  See how they delist Harmony and Bittorent in their platform.  
https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad
Seeing this, start up, probably will be  discouraged in holding their IEO in Binance platform.  Aside from that Binance also launches 2 stablecoins that possibly take away investors from BNB.  
https://www.coindesk.com/crypto-exchange-binance-announces-new-stablecoin-initiative
So in short, BNB will be having a hard time getting back to $40  let alone $50 unless CZ will heavily pump his coins.

[andra73]

I think BNB had been overpriced since I believe it was heavily manipulated.  It's use case is limited to its exchange and delisting IEO project proved that it does not guarantee a stay in the exchange even though IEO were hosted on it.  See how they delist Harmony and Bittorent in their platform.  
https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad
Seeing this, start up, probably will be  discouraged in holding their IEO in Binance platform.  Aside from that Binance also launches 2 stablecoins that possibly take away investors from BNB.  
https://www.coindesk.com/crypto-exchange-binance-announces-new-stablecoin-initiative
So in short, BNB will be having a hard time getting back to $40  let alone $50 unless CZ will heavily pump his coins.

Isn't it natural to do if trading on a certain pair doesn't have a lot of trades? some other exchanges also delist tokens or coins in their exchanges for several reasons.
but in the case of binance, only a few pairs are removed. while the related assets are still registered in binance.

[lionheart78]

I think BNB had been overpriced since I believe it was heavily manipulated.  It's use case is limited to its exchange and delisting IEO project proved that it does not guarantee a stay in the exchange even though IEO were hosted on it.  See how they delist Harmony and Bittorent in their platform.  
https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad
Seeing this, start up, probably will be  discouraged in holding their IEO in Binance platform.  Aside from that Binance also launches 2 stablecoins that possibly take away investors from BNB.  
https://www.coindesk.com/crypto-exchange-binance-announces-new-stablecoin-initiative
So in short, BNB will be having a hard time getting back to $40  let alone $50 unless CZ will heavily pump his coins.

Isn't it natural to do if trading on a certain pair doesn't have a lot of trades? some other exchanges also delist tokens or coins in their exchanges for several reasons.
but in the case of binance, only a few pairs are removed. while the related assets are still registered in binance.

Indeed that is correct, it seems cointelegraph messed up in their reporting, but still that conveys a strong message to those start-up that holding an IEO  in binance is not an assurance that they will stay trading there if they did not met the required volume quota.

I am not against BNB but how it was pump hard this previous months is shown by the recent decline of its price.  Plus, there are some person saying that binance will be shutdown in 12 months, it maybe an act of FUD to retaliate on binance but it will at least affect Binance Coin market which can result to further dump thus making the goal of $50 a bit more difficult.

[Slash61]

Indeed that is correct, it seems cointelegraph messed up in their reporting, but still that conveys a strong message to those start-up that holding an IEO  in binance is not an assurance that they will stay trading there if they did not met the required volume quota.

I am not against BNB but how it was pump hard this previous months is shown by the recent decline of its price.  Plus, there are some person saying that binance will be shutdown in 12 months, it maybe an act of FUD to retaliate on binance but it will at least affect Binance Coin market which can result to further dump thus making the goal of $50 a bit more difficult.

is that a serious statement? it's like a joke. we see the development of binance is still very active and is still the best choice for traders in crypto trading.
that will happen if binance has a big rival in trading that might have better features than biannce. but the price reduction that occurred not only from the news. we can see that the market indeed is experiencing a decline overall.

[bouren]

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 definitely it is backed by Binance Exchange who I am sure regulalry manipulate it's prices and also it has regular coin burns in almost every quarter so I am pretty sure that it will reach $50 level within this year but only if the market overall remains stable. If btc falls and whole market falls then unfortunately even BNB will fall too.

[jackblacksparrow]

Anyone believes that this year or next year BNB will be able to reach the price of $50, personally I do not believe it at all, because BNB is not so promising coin

[iv4n]

Anyone believes that this year or next year BNB will be able to reach the price of $50, personally I do not believe it at all, because BNB is not so promising coin

Why don`t you elaborate your opinion? Binance coin made a nice spike this year, from 5 dollars to over 30 dollars. While other alts suffered a lot, binance coin gained. Now price is 50% down from their ath, but that is happening with many coins to drop hard. This would be a good point to get into again if you sold at over 30 dollars, doubling your amount of coins can be a good thing. With so many options that binance offers to bnb holders it can generate you a nice passive income.
People like to have passive income, and looks like Binance started as exchange, now they are much more then just exchange. I think they covered everything, this is a promising project, and they show that every day.

[Natalim]

Anyone believes that this year or next year BNB will be able to reach the price of $50, personally I do not believe it at all, because BNB is not so promising coin

You can always make your own judgement based on a certain coin but I believe that majority of the investors believe in BNB.
Therefore at $50 is still achievable this year if we will see some altcoins rally, even just for one month, I know we can easily achieve that.

Things are very unpredictable here in crypto but once altcoins are bullish we know they won't be stop.
If BNB were able to make a new ATH this year and reach over $30 this year, I don't think that $50 is hard to achieve in 3 months.

[Omega Weapon]

I am sure if all IEOs that run through the binance market can succeed with openmarket 3x increase, it will not be long for BNB to break 50 dollars. So for now the sharp rise in BNB depends on the IEO in it in my opinion

Previous all Binance launchpad IEO's happened in BNB platform such as Harmoney & Celer Network both of big successful project. BNB will be 50$ it’s dosen't matter because a lot of crypto enthusiasts predict BNB will be replaced ETH within after few years. Of course possible BNB will touched 50$ in this year it’s not a big deal for BNB ecosystem.                    

I am not underestimating the potential of BNB coin but to replace ETH, I think it's a tough job to do.
ETH has been here for many years and has achieved a good price and make investors happy, of course same with BNB.
The market is bearish, but it doesn't mean ETH will go away, just think of the possibility that ETH tokens will rise and how much it will affect on the price of ETH.

BNB will continue to rise, I like that as I have invested on that, but if you compared ETH against BNB, i can say its unlikely for BNB to replace ETH in its spot.

BNB is a good coin and there is no doubt about it but the first mover advantage that ethereum has is simply too big to ignore, ethereum has been in this market for a very long time and people trust in it and it is impossible to put a price to it and when you add that behind the BNB coin there is a centralized exchange, and as we know there are many people in the forum that do not trust in centralized parties, and I include myself among them, then the potential of BNB will always be somewhat limited by its origin.

[nira09]

it will be difficult to reach $ 50 for BNB, BNB's current price position is at $ 16, the highest position BNB has ever had is around $ 39- $ 40 so to reach a price of $ 50 maybe now it will be a little difficult and must require a lot of processes and stable market development

when BTC falls, BNB prices also fall. if at the end of this year the price of BTC has recovered, then it is very likely the price of BNB will reach $ 50 USD. but if at the end of this year BTC cannot recover, then BNB will be the same

[Shasha80]

BNB has always been my favorite in playing short-term trading, and I also invest in BNB for the long-term. In other words,
I really believe that BNB coins are very potential, like when they get hacked. BNB is even more growing. This is an indication
BNB coin will rival the greatness of ETH and XRP. But for this year it goes to $ 50 a bit heavy maybe. Because the market
two months ago was very bad, and only now has begun to recover. Prediction maybe $ 40 for me is already very good.
If $ 50 is too much speculation. But mid-2020 I believe I can be above $ 50.

[yulionoo]

I think it is very possible if binance creates a new program that can boost the popularity of the BNB, such as giving a bigger bonus to traders who trade using the BNB pair, so that many will buy the BNB so that the demand will be higher against the BNB which will cause the price to soar.
but it will also be a problem if no one is interested in trading again in binance, which is certainly the team must be even better providing updates so BNB can skyrocket. I am sure the team in BNB is planning a big breakthrough to push up the price.

[chanc3r]

it will be difficult to reach $ 50 for BNB, BNB's current price position is at $ 16, the highest position BNB has ever had is around $ 39- $ 40 so to reach a price of $ 50 maybe now it will be a little difficult and must require a lot of processes and stable market development

when BTC falls, BNB prices also fall. if at the end of this year the price of BTC has recovered, then it is very likely the price of BNB will reach $ 50 USD. but if at the end of this year BTC cannot recover, then BNB will be the same

Even the whole of top 100 coins are getting bulltrend but there is no huge increase for BNB coin. I think if a lot of people have thought if binance coin is overvalued if that was priced above $25.
To recover or even its old ATH is not an easy thing. You need to create a new trend that can attract the whole of investors in crypto to buy your coin.
IEO has gone and binance must come with something new.

[goto22]

BNB may still hit $50, provided that a massive rally arrives. The coin may have decoupled from BTC, supposedly, earlier this year, but it did not do so well since the second half of 2019 took place. However, i don't see BNB as a coin with huge chances of survival. It has no use cases outside of Binance's ecosystem, so if the exchange happens to shut down for whatever reason, BNB will be pretty useless.

[jhontwis]

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.