Binance price prediction for 2020

[Prateek_sharma]

According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?

[romero121]

The growth of Binance over the years have progressed high and high. Different trading service renders come forward with different price predictions. However if one is planning to invest on Binance it is his responsibility to analyse and understand the real market conditions and the possible chances for the growth in the future.

Binance touched high when the price of bitcoin was down, and this happened as a result of more IEO launched through the Binance launchpad. As Binance is exchange backed surely there'll be growth.

[Lagduf]

I don't agree with it until there will be the next big news for us. IEO on binance has already lost a lot of demand and binance must search another idea to bring back the demand again to buy BNB massively like what already done when there was a big hype on binance IEO.
But it looks like possible caused by the quarter burn will be always happening.
It looks like the current movement still pegged with bitcoin and we can't expect a huge price for binance at the end of this year.

[BlackFor3st]

According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?

This year is likely a bull run so I agree that binance price will reach to more than 20$ by the end of this year or even more if the market will continue to shift from bear to bull.

Still the price will always depends on the demand, if binance will continue to strengthen their marketing while giving a satisfactory service to their customers then there is no hinder for binance to not grow in price as the demand will surely grow.

[$crypto$]

Many predictions about the price of BNB this year but I am not too sure about that conclusion because it could be accurate.
BNB has a good value at the moment the price of $ 16 is likely to nail again above $ 20 if bullish comes but to reach the highest price we cannot confirm it because it is uncertain.
We will see the movement of bitcoin if bitcoin is fast in its movements BNB will also follow it.

[Almasani]

I think to reach the price of $ 24 is not new for BNB, because this has happened before. Prices have risen to $ 24, so it is not impossible to return to these prices. Well, to drop to $ 6, I don't think this will happen in 2020. The CEO of Binance will also keep prices to continue to increase, not to drop.

[btcdie]

It could be, because the exchange of coins is always in demand and burning of coins is always done, that is why prices will continue to surge and be stable. the crowd of traders and the increasing number of IEO projects on the binance exchange make BNB coins more and more demand. considering that this time is the adoption of blockchain, a serious project will definitely choose an exchange with a good reputation, one of them is binance.

[memed97]

I think to reach the price of $ 24 is not new for BNB, because this has happened before. Prices have risen to $ 24, so it is not impossible to return to these prices. Well, to drop to $ 6, I don't think this will happen in 2020. The CEO of Binance will also keep prices to continue to increase, not to drop.

Yes, basically all the exchange teams will obviously maintain the price of their tokens in all markets, but all of that will also not be easy for them to do because now there is so much competition they have to face, even though the exchange binance is already very trusted.

[Wexnident]

I'm more on the side of TradingBeasts. 2020 has the ability to show the high prices that could be reached by coins, and if BTC grows, altcoins would probably follow as well. Especially if you take into account Binance and how their company has grown to what it is today, I believe many are willing to believe on the capability of their coin. Plus compared to BTC which has no backing, a coin with backing would surely have more chances to grow through the support of the one backing it.

[Leonardo7]

With the current development going on in Binance and their constant expansion, BNB should appreciate far above $24, it has once touched the price and even surpasses it. The ATH is about $36 according to coinmarketcap. Although price is not always a good definition of a good product but the solution it offers and its seamlessness.

[luckyflop]

In 2019, the price of BNB has risen to $ 40 because of the hype of IEO, and in 2020 I think that the price of BNB will certainly be higher than that because this exchange will continue to provide quality IEO, and the market this year will certainly grow strongly. $ 24 is a very low target for BNB this year, I think it can easily reach this goal in March or April.

[Greatchu]

I'm not going to make moves based on altcoin price predictions because all altcoins depends on bitcoin, even if BNB token surge in price it will only be small pump, not until bitcoin hits a new ATH altcoins will keep struggling

[ajiz138]

According to WalletInvestor website, BNB is expected to rise 85% in 2020. The price will reach $24.1 by the end of this year.

TradingBeasts believes binance price will have a slow growth. The price will reach only upto $19.

CryptoGround, however, believes that BNB will decrease down to $6.4202.

Do you agree?

I don't think so, that's a prediction. The important thing to note is that under this binance is a pure coin made by the Chinese. Surely as much as possible they will make BNB into a strong coin, rising and falling prices is normal, let alone BNB, ETH alone is ETH older than BNB and how is the ability of ETH, there is still a tidal time.
China's endorsement of BNB is stronger than what was said, so BNB exchanger as mediator always holds IEO and becomes a pioneer, from here we can see that this BNB is the main terminal for the circulation of funds in and out of the exchanger, and make no mistake BNB has already has its own market, therefore if this BNB experiences a plummeting price as you said could reach 6 $, maybe this can happen but it won't last long.

[BitDane]

Those are just guesses and not a proven facts.  So reading those kind of stuffs does not mean that Binance will go that way besides it is too early to tell since it is just the 1st month of the year.  Maybe we can pause the discussion and talk about it on the first day of Dec.  That way prediction will have a better accuracy.

[infarterr]

I'm not going to make moves based on altcoin price predictions because all altcoins depends on bitcoin, even if BNB token surge in price it will only be small pump, not until bitcoin hits a new ATH altcoins will keep struggling

Indeed, what we often see is when bitcoin prices start to rise, then the prices of many altcoins also increase, only different is the case with this BNB token, because the token exchange from binance has other influences than the effect of rising prices from bitcoin.

[inoes]

Maybe BNB the price will go down again.The price of BNB is influenced by IEO activities, but after several IEO projects, most IEOs are only at the beginning of the binance pump listing, but cannot last long, then dump into IEO prices. maybe Binance will find other ways to pump up BNB prices.

[DaMut]

if the ieo still flourishes and the bull starts in 2020, there is no reason for it to not go that high considering how much they burned their native coin a few days ago.
do not forget, their latest burn was the biggest they have ever done. I am sure they did that to prepare the upcoming bull season.

[ballerin and giroud]

Is there anyone who will have prediction correctly? I think there is no. They just make a prediction based on the chart whereas there are many thing who will make the price cryptocurrency move. I saw BNB is potential coin thus far, I am still remember when its price increased from $15 to $35 in a week if I am not mistaken. Other than that binance is the large exchange on crypto industry so as the chance to reach another all time is widely open. You will see when the IEOs event come and popping up again its price will up slowly. More than that, there are a lot of people who stated that bull run for cryptocurrency will come at this year and I think it is relly deserve to made as the weapon for BNB price up again.

[watergold]

There may be a number of factors that have caused the BNB not to rise to this day when the pump does not even touch $ 20.
I am sure that if the IEO Launchpad in Binance is many in the year, BNB's demand will also increase continuously because they believe that IEO will provide a large benefit for those who participate.
BNB is a large Binance exchange coin so they always have a good strategy to raise the price.

[kynaz]

In 2019, the price of BNB has risen to $ 40 because of the hype of IEO, and in 2020 I think that the price of BNB will certainly be higher than that because this exchange will continue to provide quality IEO, and the market this year will certainly grow strongly. $ 24 is a very low target for BNB this year, I think it can easily reach this goal in March or April.

I think price of BNB will depend a lot on the next IEO projects at Binance exchange because most investors only buy BNB when there is a new IEO project and this is the reason that will cause BNB to increase in price. In addition, BNB has many functions and can reduce transaction fees if you are a long-time investor at this exchange. I invested this coin last year and made huge profits so this year I hope the BNB price can reach $100 if altcoin season comes back.