Binance price prediction for 2020

[shoreno]

in terms of predicting, if the price of crypto rises this year, I think BNB will also rise,

bnb is different from the other alts . i say different because it is owned by binance so this coin cant depend on other coins but it can only rise on its own .

the increase will probably approach the price of $ 20. for the decline, I think the price of the BNB will not be more than $ 10, moreover that binance is still one of the very popular exchangers today.

20usd only ? thats small .  i think itll cross over more than that but the decline isnt predictable as well , the coin can dump hard more than it pump  .

binance  is still a hot exchange within this year so thier coin is still indemand

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[Darooghe]

The BNB is used to cover the commission fee which is popular amongst all Binance trading bots who aim to minimum margin and high trading volume. It is a definitely a coin that has value and used within the exchange, It might be a good time to buy some BNB just because the overall trend is looking good. And it totally depends on the stuff you are currently holding. If you have a lot of money so you can afford taking risk, it is a way to go for sure. The might have a pretty decent price growth in the near future to $25.

[pajak666]

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?

BNB is one of a few coins that actually have a use case so if it doesn't grow then there is something fundamentally wrong with this industry. Binance user base is growing and all of them are using BNB, so it is like auto-fulfilling BTC adoption prophecy which actually happens for this one. There is no better price stimulator than many people in need of a possession of the same asset.

[jarhed]

BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.

[deathcode]

BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.

last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.

[Taskford]

BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.

last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.

Almost all of the coins suffer from the lose past year but actually I'm still impressed for the BNB since they actually maintain to became a reliable option and maybe in future we can see a progress especially when market condition will be alive and we can predict that growth is 100% possible since the exchange itself creates awesome success.

[uray]

The BNB is used to cover the commission fee which is popular amongst all Binance trading bots who aim to minimum margin and high trading volume. It is a definitely a coin that has value and used within the exchange, It might be a good time to buy some BNB just because the overall trend is looking good. And it totally depends on the stuff you are currently holding. If you have a lot of money so you can afford taking risk, it is a way to go for sure. The might have a pretty decent price growth in the near future to $25.

This is the biggest problem in this coin, it is created for the purpose of the exchange activities and it will die off if there is any legal action against the exchange and the risk is really high if you are looking for a trusted coin that can be held for a long time in the name of investment, make money when it is possible, it is well and good but it is a risky investment in my opinion.

[davinchi]

Three votes are mentioned over think. What I think is that BNB price can boost up to $24.1 as there is no doubt is in's utility. That coin is already been used in mass volume and there is no doubt that the price for that coin would surely rise in the coming markets. Many people are having their trading accounts on binance and binancedex.

Majority of those peoples use BNB as their base coin on that exchange only because binance provides a number of benefits for BNB holders like less trading fees, etc. Utility tokens like BNB have great demand in the market if they have a strong product behind and here binance exchange is really a strong product which would only be in an ascending graph so investors would keep on buying BNB.

[Leah38]

In my opinion BNB value will rise again just like other coins. Binance is one of the top exchange and surely more projects will have their IEOs there that will cause BNB price to rise up again.

[Onuohakk]

Bnb is a good coin to reckon with. There's every tendency it will grow above $20 before the year ends. Binance will do their possible best for their own coin to skyrocket than ever when the bull season starts. The future seems very promising, investing and hodling bnb coin

[CaVO32]

Bnb is a good coin to reckon with. There's every tendency it will grow above $20 before the year ends. Binance will do their possible best for their own coin to skyrocket than ever when the bull season starts. The future seems very promising, investing and hodling bnb coin

but remember all those prices are just mere speculation. everything should be taken with high precaution especially if you are a big-time investor. you may gain a lot or you may lose a lot. so what will happen to your investments depends on your choices, so you should do your own assessment before making any decision. don't just rely with someone else's prediction even if they are self-proclaimed experts. in the end, they do not care about your investments.

[Japinat]

When the market is good, it will make investors confident to invest again, and since ICO cannot anymore sell in the market, it should be IEO that will take care for the investors and Binance is a reputable exchange, so a demand of IEO will increase the demand of BNB, that's the simple logic I arrived.
Therefore, I believe the prediction stated in OP is just so conservative, I am thinking of a new ATH for BNB, so price would probably rise to $50.

[leetcoiner]

For me BNB is a promising coin, I think this year BNB is able to grow to $ 25-30 and even this price is not the limit, in a couple of years BNB will cost even more.

[el kaka22]

It has seen over 30 dollars in 2019 and I don't see why it can't see the similar prices this year as well, I know 2x may sound too optimistic however this is one of the few coins that actually has a use case in their exchanges. People can invest with it, can lessen their trading fee on the largest altcoin exchange in the world with true volume without faking, people could just earn it with affiliates and many other stuff whilst also getting burnt by the ownership (done just recently for the latest one for example).

So, basically BNB is optimistic itself without you actually putting any of your own optimism into it. Right now its around 16 dollars and looks like a solid investment for the future, I have plenty of it that I earned over the years and I will keep not selling it for longer.

[NathanJB]

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?

Agree on which one? They have different views and that is always the case. BNB could rise as much as it could also fall. That's the reality of a coin. That is the reality of the crypto market.

[asriloni]

BNB is a very promising coin, so it has a very high growth potential, I believe that this year BNB can at least double its price.

last year BNB succeeded in making its pump with IEO and platform updates. and this year it will take time and moments when the market improves so BNB can follow suit. but you need to remember that BNB prices are also affected by the situation of their exchange platforms.

It's last year but that looks very different with what already happened with this year when so many people are saying that binance looks go down again caused by some problems with it. BNB is a good coin with a good utility usage. it will be a very difficult task to bring back the IEO trend again. That means binance less promising compared with when it was getting a huge demand last year.
Just try to put sense prediction as its ATH could be the top price that will be a very difficult price to be achieved.

[Henrytrust]

It's rather very funny to read through price predictions of several people. Some believe that the value of bnb would increase by 70%, others by 50% and some predict that the value would decrease. In all these estimates and predictions, non was able to give us a reason for the expected value. This is simply because there's non available, the predictions are purely subjective.

[mdzahed134]

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.

Yes! BNB coin price highly influenced from a few IEO launchpad projects otherwise BNB cannot touched big milestone within short time. For these IEO's a lot of investors bought BNB token this is best reason to price increased. BNB trying to grow in many ways likes supply reduced in three times more than 34$ millions worth of coins burned. IEO's hype already gone so need different way to raise.                  

[Smitty Werben Man Jensen]

Yes, I agree with this prediction. Binance growth has stopped since the end of 2019! When everyone almost sure that BNB price will hit 50$, but it goes down to under 20$! I don't see any potential in BNB coin price in this year, last year Binance ruled, but this year investors are moving into other potential coins!

that's the cycle, Binance has shown its quality last year, by achieving a new ATH, and this year there is a BSV that is reaching a new ATH, maybe it takes more time for BNB to reach that place again, so don't give up and hold it

[samuraijin]

if you see that BNB is owned by a company as large as binance, you think $ 24 is already big enough, even after yesterday they held an event to burn some supplies, it would be worth hundreds of dollars, but of course look again at the bitcoin market, because whatever bitcoin dominates the crypto market is now even BNB price movements, just look at the price of bitcoin, I agree with this thread a little