Will BNB reach $50 This Year?

[Btc_1856]

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?

No I don't think BNB will break the $50 level this year. We are near the end of the year, and BNB is a way far from the $50 limit.

Agree, we are very close to the year ending and the market seems to be not matured, whereas it is impossible for BNB to break 50$ price mark and even though there is another round for BNB burning but many people are expecting we might see the price of Bitcoin will increase in the market, if this happens definitely it is impossible for BNB to cross more than 50$.

[mdzahed134]

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

That's right, the current price of BNB is very sad, now they are only worth $17 whereas last month the price of BNB exceeded $30 and this makes it difficult for BNB to reach $50 in this year. But at the end of the year, there are still two months left, let's see what will happen to BNB, Will it increase or even go down.

Yeah, BNB 50$ it will never possible this year because right now current price is quite low $18.38 USD (0.53%) start something increasing. I don’t expect within 2.5 months so no way to it’s can be reach 50$ in end of this year. Another fact is at the moment in the whole crypto market is bearish. Several Binance launchpad projects highly effects in BNB price that's absolutely right. Now there are no new investors. Majority of the old investors still keep holding.  

[cryptothreads]

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

That's right, the current price of BNB is very sad, now they are only worth $17 whereas last month the price of BNB exceeded $30 and this makes it difficult for BNB to reach $50 in this year. But at the end of the year, there are still two months left, let's see what will happen to BNB, Will it increase or even go down.

Yeah, BNB 50$ it will never possible this year because right now current price is quite low $18.38 USD (0.53%) start something increasing. I don’t expect within 2.5 months so no way to it’s can be reach 50$ in end of this year. Another fact is at the moment in the whole crypto market is bearish. Several Binance launchpad projects highly effects in BNB price that's absolutely right. Now there are no new investors. Majority of the old investors still keep holding.  

You're right . This coin has not changed much in recent times and very few investors bought this coin so it will be very difficult for BNB to reach $50 this year. I think there will be more adjustments later this year and BNB will return to $10 so don't expect too much of this coin. It may be a good time to hold, but the current trend of IEO is not attracting many new investors and this is the main reason why BNB has had a big discount recently.

In my opinion you should choose coins that tend to increase and be more patient in investing

[Omega Weapon]

Bnb will rise fast in the coming months but I don't think that it will reach to 50$. There are too many bag holders especially around 30$. We need them to sell their coins to the more patient ones and after that, we may see the price is going to 50$. But, this requires time, so, it may not reach to 50$ at the end of this year. With burns, the circulation supply will decrease and the coins in the hands of the team will be decreasing as well.

My analysis is that the coin will end at $25 by the end of the year because the market in the last few days is very good and the top coins are recovering slightly. I think BNB is still a top pick at this stage but what I'm worried about is that long-term investors are holding a lot of BNB so there will definitely be a big correction before starting the price rise.

Anyway, BNB has a lot of good functions and if you keep this coin in the long run, making a profit is only a matter of time. Of course there are risks but this will not affect your profits much.

The market seems to be too unstable, there are those which predict a big rise at the end of the year and those predicting the opposite, but the market is struggling to find a direction and it seems like it is going to be in a close range for the rest of the year, I do not mind this since it will give me time to prepare for the next bull run and without a doubt BNB is a coin that we should watch very closely but for the time being it is best to concentrate your attention in bitcoin since altcoins are mimicking its movements.

[ringgo96]

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.

When you know that the price of BNB has fallen so much because IEO in binance is no longer available and also the last return given is not yet profitable and also actually makes us lose. so many people no longer hold BNB. I remember when Cz informed BNB there would be a Lending program

[gunungkembar]

yes of course the price of Binance Coin (BNB) can have very high price movements because BNB has a very good platform and has a very high trading volume so I'm sure Binance Coin can provide benefits for those who have a Binance Coin.

[DarkIT]

yes of course the price of Binance Coin (BNB) can have very high price movements because BNB has a very good platform and has a very high trading volume so I'm sure Binance Coin can provide benefits for those who have a Binance Coin.

even though you say that but in reality the price of BNB is still trying to reach the price of $ 20 to date, and we know that the price is quite far from the price of $ 50. I think Binance needs to have another event to make BNB prices higher. Until now, I feel that binance is also waiting for market recovery to be utilized to increase BNB prices.

[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.

When you know that the price of BNB has fallen so much because IEO in binance is no longer available and also the last return given is not yet profitable and also actually makes us lose. so many people no longer hold BNB. I remember when Cz informed BNB there would be a Lending program

You yourself answered the question why the BNB is falling. Today I see only correction after the fall. I think the fall will continue soon. Of course, I by no means urge anyone to follow my forecast.

[rocku12345]

Well different sources give different forecasts. e.g. these guys https://buysellhodlapp.com/binancecoin-bnb-price-prediction/ want to see BNB at $50 in 2020 .. almost like the author of the topic
I see BNB in ​​a tight fight between different stock`s tokens. There are a lot of different startups this year, no one knows which technologies they may to proposite the market. So my prediction is the $ 15-30 in 2020.

[BitcoinPanther]

Well different sources give different forecasts. e.g. these guys https://buysellhodlapp.com/binancecoin-bnb-price-prediction/ want to see BNB at $50 in 2020 .. almost like the author of the topic
I see BNB in ​​a tight fight between different stock`s tokens. There are a lot of different startups this year, no one knows which technologies they may to proposite the market. So my prediction is the $ 15-30 in 2020.

I see BNB price the same way you do.  BNB had been overpriced and now it is revealing its true value.  Development is not that much impact because it cannot sustain a push of BNB price to go up. The only thing of BNB to go up to $50 is when CZ pumped it hard but then too many investors will lose investment fund due to this.

[jackblacksparrow]

It is unlikely that the BNB will be able to reach $50 this year, because the BNB is going along with all the alts, and the alts are in a bad condition now, so the BNB and can not grow strongly now

[micalith]

As it is expected, the drop is almost over for bnb and we are having a steady increase in the price. We may not reach to 50$ in the end of the year but it will be in the near future. Burns are really helping the price. With the last burn, 1% of the circulating supply is gone.

[biddicoin]

In macro view, BNB is on downtrend now. it means that price tends to deeper than now
the price must break resistance to go up, but it hasnt happened now
this year there are only about 2 months 9 days left, so i think it wouldnt reach 50$ in this year

[arifteguhr]

As it is expected, the drop is almost over for bnb and we are having a steady increase in the price. We may not reach to 50$ in the end of the year but it will be in the near future. Burns are really helping the price. With the last burn, 1% of the circulating supply is gone.

It is quite difficult for BnB to be able to go back up to the price of 50 $ because if we look at the chart the support of BNB has passed several times and in the end the price has decreased or downtrend. but in 2020 if the trend of non-stop increases in BNB is very possible to reach the price of 50 $. we never know the price of altcoin because it is very easy for the city to play with

[zidanw]

As it is expected, the drop is almost over for bnb and we are having a steady increase in the price. We may not reach to 50$ in the end of the year but it will be in the near future. Burns are really helping the price. With the last burn, 1% of the circulating supply is gone.

It is quite difficult for BnB to be able to go back up to the price of 50 $ because if we look at the chart the support of BNB has passed several times and in the end the price has decreased or downtrend. but in 2020 if the trend of non-stop increases in BNB is very possible to reach the price of 50 $. we never know the price of altcoin because it is very easy for the city to play with

Since experiencing a downward trend due to not many people who are interested in investing in IEO binance the price of BNB has decreased and it is very visible and for me to reach a price of 50 $ is quite difficult BNB struggle to face many negative things also due to many cases in the exchange

[cryptoknightt]

From the conditions of bination exchange place, it seems like the target of $ 50 can be achieved. In fact, it can be said as a very mild achievement because when binary exchange places have a good development and the use of binance coins increases, it will definitely be easy to be able to realize your predictions.

[SamboNZ]

With all of the updates, developments, and added features, the price didnt budge but somewhat stable I do not think that it will hit $50 this year. Bitcoin is even struggling to increase and has affected most altcoins.
The buy back and burn isnt even pushing the price of BNB

[BChydro]

BNB had been overpriced and now it is revealing its true value.  Development is not that much impact because it cannot sustain a push of BNB price to go up. The only thing of BNB to go up to $50 is when CZ pumped it hard but then too many investors will lose investment fund due to this.

The team behind BNB has the capability to manipulate the market very easily and they are the top exchange in the market with trading volume and they are making billions every year and hence they can pump the coin whenever they want and it can fool the casual investor too, now they are conducting all the IEO and in due time you will understand the true color of those projects. I am not investing in BNB because i do not trust the team behind it especially after the hack and their persistent lies about everything is fine.

[mdzahed134]

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.

When you know that the price of BNB has fallen so much because IEO in binance is no longer available and also the last return given is not yet profitable and also actually makes us lose. so many people no longer hold BNB. I remember when Cz informed BNB there would be a Lending program

Not like that, still a huge number of investors holding BNB and i think they keep patient for the pump until. There are no new investors in BNB market because of no new BNB launchpad projects from the last a few months. I don’t think the previous IEO Harmoney (ONE) wasn’t enough profitable. This project development is strongly growing i observed so many big news partnership in others many projects and launching some new real products. Overall cryptocurrency market is going bearish.                          

[janggernaut]

The buy back and burn isnt even pushing the price of BNB

Someday it will be make BNB price keep increasing than now. With buy back and burn token each quarterly BNB total supply will keep decreasing from time to time until 100mil BNB coins left. It will give huge impact for any people who using binance exchange as they can use BNB  coins to lower their withdrawal fee