If BNB will reach $500, what's next?

[Russlenat]

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

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[DaMut]

the reason why it steadily goes up these past 2 months due to burn event that will happen in the end of this month. speaking about going to take Eth spot, based on coinmarketcap Bnb needs to go at least 3x from where it is now in order to dethrone Eth from 2nd place but is it possible for Bnb to do that this year when Eth is going to release its killer move called Eth 2.0?
in my opinion, it is very unlikely because once it goes live. people will migrate back using Ethereum network instead of Bnb.

[LGD2Business]

It's obvious, next target will be 600, then 700, 800, 1000 and 2000. Until it reaches and passes ETH there will be bigger price targets. We just don't know when.
Nobody want to pay ridiculous amount of fees anymore. You can do 200 transactions in BSC or 1 transaction in ETH, choose wisely.

[Russlenat]

It's obvious, next target will be 600, then 700, 800, 1000 and 2000. Until it reaches and passes ETH there will be bigger price targets. We just don't know when.

Well, I think that's a realistic target but will ETH stay at $2k? I also believe that ETH has a huge follower and they can pump the price as well. If we look at the short term movement, it may look like  BNB is overvalued, but with the reasons posted, I think it's just right for BNB to pump this high.

Nobody want to pay ridiculous amount of fees anymore. You can do 200 transactions in BSC or 1 transaction in ETH, choose wisely.

In that case, ETH has to upgrade to compete with BNB.

[traderethereum]

Maybe BNB pump is because BSC become popular and many projects change their base to BSC.
BNB is the biggest competitor for ethereum and as long as ethereum does not have any significant update, the ethereum position will be in danger and BNB can replace the position in a short time.
We do not know when BNB can increase to $500 but if that price breaks, BNB has a chance to lift the price to the next high price.
The price now is still good to buy but be careful because I think there will be a flash dump that might happen later.

[Scripture]

BNB will reach $600 before it corrects, and I don't think big news will be needed to reach this level is just that the market is still in a bull run and good coins/tokens are contribution to the uptrend. BNB has the chance to replace ETH on top 2 position, now that they offer a more convenient and cheaper network, I'm sure many projects are in contacts with BNB right now, the sky is the limit.

[onecall123]

$600 is coming as BNB token burn is happening any day now. So, should be buying BNB and it's always a good idea to hold whether you're using binance account or looking profits. BNB sure is looking right now, the popularity is making BNB sky rocket and it will probably carry on $600 at least. The popularity won't drop anytime soon because it's going to replace ether soon.

[Bitstar_coin]

BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

What is reason why btc, eth pump? Because investors find it profitable enough,  it is not because people find btc or eth tech more useful, 
Bnb is pumping because investors are profiting from it, at current price many investors are willing to buy because they believe it will go higher in future, it is all about speculation and maximising profit.

[Teraboy]

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.

1. Token burn
2. Massive demand for ieo (people know binance IEO as a way to flip their money to be doubled, tripled or even more)
3. Utility usecase
4 BSC ecosystem is growing so fast due to the scalability problem on ethereum.

I thought that 1k should be a reasonable price to be achieved by BNB in the next quarter. Binance was growing from 100 to the more than 400 in a short time.
BNB was also actively expand its service.

[HaekalZ]

After BNB reach $500, i think the next target BNB can reach $1k, after that all of Binance's Coins are gonna become hit too such as BAKE, CAKE, etc.
i think Binance will keep growing in the short time, because Binance really proved their quality in maintaining and become the huge crypto exchange, the fee is quite low too. so yeah, i think BNB will keep huge and keep breaking ATH.

[susuberuang]

I think if BNB has reached $500, then $600 to $1000 will be achieved, because considering that BNB is currently in positive trend, and they offer more comfortable and more efficient network, of the course this will attract traders and investors, with over a time Binance will develop to rival the greatness of the etherem ,,,,

[Raflesia]

In the near future BNB has experienced a big pump with the burning of tokens it could be that this makes the tokens higher because burning can increase the price in other ways.
Actually the news about BNB continues to provide many opportunities for its investors, especially now that it reaches a new ATH where $ 500 in a few days may soon be still that level, but I just saw how the Binance smartchain network is widely used I think with this effort it can improve. BNB quality is much better than ETH.

[CryptoYar]

The use of binance smart chain is increasing day by day and almost every new project is being launched on it. That's why the price of bnb coin is rising steadily and soon it could be more than $500. IMO

Honestly about ethereum, we're tired of its high fee ... I don't know why the team hasn't been able to stabilize it yet.

[Tigerheart3026]

It's obvious, next target will be 600, then 700, 800, 1000 and 2000. Until it reaches and passes ETH there will be bigger price targets. We just don't know when.

Well, I think that's a realistic target but will ETH stay at $2k? I also believe that ETH has a huge follower and they can pump the price as well. If we look at the short term movement, it may look like  BNB is overvalued, but with the reasons posted, I think it's just right for BNB to pump this high.

Bnb coin growing up too fast apart from any altcoins Btw i don't think it's overvalued, team did many hard work for now we see that the result. Binance launching many IEO project, massive people's buy BNB and stored to entry in launchpad projects as a result BNB demand increasing.

BNB token supply reduction, high GWEI in Ethereum network, these reasons also helps to increase Binance demand.
 

[passwordnow]

Binance as a platform itself really makes the effort to make the coin's value even higher. That's the reason why there's a massive increase for this coin and also, they're burning tokens which lessens the supply and making the price even more worth it. It just so happen that most of the investors are into Binance these days and taking advantage of owning BNB that gives additional benefits while staying on their platform. Binance is giving it all and understands how the market will react about their features of farming and staking.

[bekti3]

almost all predict that BNB will become the next Eth. I am sure that for BNB it is not difficult, considering its popularity is increasing day by day. boosted by several BSC-based altcoin launches adding huge interest to BNB.

[Mahdirakib]

~snip~
I thought that 1k should be a reasonable price to be achieved by BNB in the next quarter. Binance was growing from 100 to the more than 400 in a short time.
BNB was also actively expand its service.

Several new project launching everyday based on binance smart chain platform. And I think the growth of BSC ecosystem is the main reason behind the price rally. New IEO project helping significantly in that case. I didn't expected that BNB will reach this position within short time. I thought it may reach upto $150 while the price was around $30 last year. But now I'm too much optimistic about BNB price. $500 isn't far away and it will reach above one thousand dollar quickly as you said.

[SUPERSAIAN]

Binance coin set its sights on the throne of ethereum. bsc network continues to expand at the same time, the volume during the day has increased enormously in recent months. I think the binance coin will reach the 1000 dollar price range very easily.

[republicrypto]

Binance coin set its sights on the throne of ethereum. bsc network continues to expand at the same time, the volume during the day has increased enormously in recent months. I think the binance coin will reach the 1000 dollar price range very easily.

the value increase because the burn even on BNB, i think its not hard for BNB to reach about $1000
but in my analysis not in this Q2 mate, maybe in Q3 BNB price will hit that price level
regards

[ecnalubma]

Theres a lot of good reason to hold BNB, its foundation is very strong and the network consistently growing because of mass adoption. Projects migrating from ETH to BSC is something to look forward, honestly a $1,000 per BNB is still very conservative.