Will BNB reach $50 This Year?

[smyslov]

To be honest with you its a big NO. One of the reasons BNB made a massive pump increase to beats its ATH price of 2017 was because of the IEO Binance introduced which was in high demand because of its roi it produced. The need to hold binance coin BNB to be able to participate in Binance IEO had a ripple effect on the price of BNB. Now that IEO are dying gradually its hard to say that BNB will reach the 50$ mark this year

I think that the BNB will be held at $ 20-30 this year. The coin remains very liquid and promising, which has its own network, as well as many trading exchanges. I plan to buy BNB below the price level of $ 15.

Binance is a coin that has everything but the top spot they are always a contender and it's only a matter of time before it happens, but this year it's unlikely to happen, maybe next year when things gets better but now you have to buy it at this low, or you will miss celebration when it hit $50 possibly next year.

[1714673549]

1714673549

[cosmofly]

I think it will be very difficult to grow to $ 50. Since IEO has reduced its heat, investors have turned away from CZ and continually sold off. making BNB's price drop significantly from $ 37 to $ 17.
Although Binance is trying to offer a lot of hold BNB programs to receive other tokens, it seems to only last for a short time. If bitcoin continues to fall, I think BNB's price will only be $ 13 in the coming days.

[carlisle1]

I think it will be very difficult to grow to $ 50. Since IEO has reduced its heat, investors have turned away from CZ and continually sold off. making BNB's price drop significantly from $ 37 to $ 17.
Although Binance is trying to offer a lot of hold BNB programs to receive other tokens, it seems to only last for a short time. If bitcoin continues to fall, I think BNB's price will only be $ 13 in the coming days.

this shows how critical the BNB in terms of growth.its been months that many bullish says binance will have a good movement yet what happen?
i have no doubt about the capacity of coins like binance because of the high demand but this market is very volatile and hard to predict
investors tend to find the mos secure these days and that is Bitcoin and Ethereum that is also the reason why many alts are falling insignificantly and reason also why investors are taking distance

[puremage111]

Well this would really depends on how high BTC go
Look at the past few month where BNB hit $40 at peak

Binance is the most use exchange there
Thus, when people start to FOMO buying every crypto, binance will get to generate more revenue and profit which also increase the demand of BNB (Can be used as Fee, or joining the IEOS and etc)

[tungaqhd]

Well this would really depends on how high BTC go
Look at the past few month where BNB hit $40 at peak

Binance is the most use exchange there
Thus, when people start to FOMO buying every crypto, binance will get to generate more revenue and profit which also increase the demand of BNB (Can be used as Fee, or joining the IEOS and etc)

But the key factor you say is having a lot of problems when bitcoin has been flying for a long time in recent months, at present, the value has dropped quite a lot and we still can't see the bottom where it will go down, such adverse conditions will affect the rise of binance coin. Besides, after strong price increases through new events and features, binance has almost no new plans, IEO is no longer a strong point of this exchange when profits have diminished, it is very difficult to find a good condition to help binance coin achieve the expected price

[uray]

Well this would really depends on how high BTC go
Look at the past few month where BNB hit $40 at peak

If you look closely when the price of BNB hit its peak it has to do with the major hack that happened and hence i am skeptical about the rally, they lost a lot of money with that hack and there is a chance that they will try to recover with their coin and i still believe that is the case. You never know what these exchanges does behind the scene as i have seen many manipulation in the past and hence i am skeptical with every event.

[ongkok87]

BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

BNB At the beginning of the year experienced an increase due to the IEO which required BNB HOLD so that at that time the increase was quite significant, but if we look at what is happening at this time it is really sad that the price of BnB has decreased quite deeply in my opinion

[Bitcoin+Fi]

BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

BNB At the beginning of the year experienced an increase due to the IEO which required BNB HOLD so that at that time the increase was quite significant, but if we look at what is happening at this time it is really sad that the price of BnB has decreased quite deeply in my opinion

BNB has been growing strongly, only because of the popularity of the IEO, I think the price, which at the moment - it is the most fair for BNB with its prospects

[DU18]

Seeing the large number of IEOs held in the binance market, of course this will greatly affect the increase in the price of BNB on the market, and it seems that it will not be impossible if BNB will experience an increase in prices reaching $50 and even more in my opinion because now with the presence of IEO in binance will certainly give a strong impetus to BnB to increase prices, BnB is one of the best coin exchange that continue to grow now and making BnB as one of the investment assets is the right step.

[TelolettOm]

BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

BNB At the beginning of the year experienced an increase due to the IEO which required BNB HOLD so that at that time the increase was quite significant, but if we look at what is happening at this time it is really sad that the price of BnB has decreased quite deeply in my opinion

BNB has been growing strongly, only because of the popularity of the IEO, I think the price, which at the moment - it is the most fair for BNB with its prospects

We know that at that time when many people were so fanatical about IEO that the price of BNB experienced a pretty terrible increase. in my opinion it is natural for most people who have high hopes that the price of the BNB will reach that point at the time of the overwhelming demand

[Nevsky]

BNB is now worth just over $17, do not wait for $50 per BNB this year, because there is no evidence that the BNB will grow in the near future

BNB At the beginning of the year experienced an increase due to the IEO which required BNB HOLD so that at that time the increase was quite significant, but if we look at what is happening at this time it is really sad that the price of BnB has decreased quite deeply in my opinion

BNB has been growing strongly, only because of the popularity of the IEO, I think the price, which at the moment - it is the most fair for BNB with its prospects

Despite the good news related to Binance and their products, the price of BNB is in many ways inflated and the asset itself is overvalued. I think that he has nowhere else to grow and we will fall.

[joinfree]

Binance Coin is one of the good coins in the crypto industry and i recall a new time high which peaked about $40. The sudden dump in bitcoin resulted in the crashing of so many cryptocurrencies and BNB was off no exception. Well if the market rises all over again, it's likely we might see another new all time high probably $100 per coin.

[Hippocrypto]

Binance Coin is one of the good coins in the crypto industry and i recall a new time high which peaked about $40. The sudden dump in bitcoin resulted in the crashing of so many cryptocurrencies and BNB was off no exception. Well if the market rises all over again, it's likely we might see another new all time high probably $100 per coin.

The crash means opportunity for anybody who see it, but for a meanwhile let's take that price as an inspiration. I think more than $50 was too high, let's just be neutral on that point to avoid being frustrated. Volatile market became so dominant for such a long time, and I think we need to wait patiently to survive.

[glendall]

I am very sure if BNB has the possibility to touch the price of 50 USD, because the movement of BNB over the past 6 months is quite good and looks bullish BNB is quite strong,
if alt dominance returns to the 60% area then the price of BNB can even exceed our expectations.

[CarnagexD]

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

Maybe it is totally possible that binance reach the price of 50$ in the end of the year. I definitely agree on what you say, which binance become a good crypto exchange and become one of the best trading platform. As you can see the binance coin are already on the top rank cryptocurrenciea and it also has good and high volume in the market. $17.64 this is the current price of binance coin and in fact, in the last few months the price of bnb is around 25$+ which is near in 50$ so basically, in the end of this year 2019 the price of binance might reach the 50$ or it will surpass that price.

[Willitivity]

BNB has been one of the best performing alt of 2019. Started its incredible run from sub $10 region and made its way up to around $40 before it gradually dumped back to where it is now. I think the major cause of this boost was the binance launchpads. BNB still has potential and room to grow, $50 may not come this year, but it certainly will come.

[Nevsky]

BNB will definitely grow, but I think BNB to reach $ 50 will have a long journey. BNB should have a significant development but market conditions force all altcoin coins to be in a low position. so maybe $ 20 might be a realistic price for closing BNB prices this year.

Once we will grow, I do not argue, the growth potential has not yet been determined. But at this stage, I see a fall. Am I right or not we will see soon.

[ajeef]

Seeing the large number of IEOs held in the binance market, of course this will greatly affect the increase in the price of BNB on the market, and it seems that it will not be impossible if BNB will experience an increase in prices reaching $50 and even more in my opinion because now with the presence of IEO in binance will certainly give a strong impetus to BnB to increase prices, BnB is one of the best coin exchange that continue to grow now and making BnB as one of the investment assets is the right step.

But investors are losing interest since the latest ieo of binance that really need a big bunch of luck to get it. Also the price is not valueable just like harmony which the price is so high right after the ieo ends. I think ieo need more rework to be hype again

[ningrum]

Seeing the large number of IEOs held in the binance market, of course this will greatly affect the increase in the price of BNB on the market, and it seems that it will not be impossible if BNB will experience an increase in prices reaching $50 and even more in my opinion because now with the presence of IEO in binance will certainly give a strong impetus to BnB to increase prices, BnB is one of the best coin exchange that continue to grow now and making BnB as one of the investment assets is the right step.

But investors are losing interest since the latest ieo of binance that really need a big bunch of luck to get it. Also the price is not valueable just like harmony which the price is so high right after the ieo ends. I think ieo need more rework to be hype again

IEO held at Binance is very popular and has values like Harmony, you say that ONE has no value ?,
It seems like you are wrong, ONE has gone up 90% of the price of IEO, you can see it on Coinmarketcap, ROI up 90%

[nelson4lov]

~Snipped~
IEO held at Binance is very popular and has values like Harmony, you say that ONE has no value ?,
It seems like you are wrong, ONE has gone up 90% of the price of IEO, you can see it on Coinmarketcap, ROI up 90%

ONE has gone even more than that. I think the ROI that Coinmarketcap.com is tracking is the return on investment as at the time of investing. Popular opinion: Only the first couple of Binance IEOs were good. The newer ones starting from  projects like WIN all the way to BANDprotocol got little to no interest from the community. I think that's why BNB diminished in value during the period of these 3 IEOs. I even forgot to mention PERLIN. It was a disaster.