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Author Topic: BNB to $1k?  (Read 8077 times)
RbiggerG
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July 10, 2021, 01:12:37 PM
 #441

I was regularly repeating to my friends that BNB will touch 1000 dollars at least for once but that Elon Musk crash happened and it returned back to months ago. I think in short term it won't reach 1000 dollars but in long term it will.
Keep up the spirit,  for the crypto ecosystem to grow it needs ambassadors to help people know some of these projects existence and how to benefit from them.

As for price,I don't see any barriers stopping BNB growing to that price, its just that of late everyone is distracted with the miners pulling out of China and trying to figure out the next step for us to register another ATH. When this chapter closes brace yourselves for the bullrun.

The chapter will never close. There will always be a political discussion accompanying anything that happens around Bitcoin in general and Bitcoin mining of course. Actually, I think that most of the headlines even if negative do more good than harm. It raises awareness and people pay attention and get interested. The mining issue in China doesn't really matter that much. There are other countries who will be accommodating that industry.

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July 10, 2021, 01:51:26 PM
 #442

it is possible that BNB coins will go up to $2k in the next 5-10 years because so many investors come and buy them, making the price of Binance coins expensive in the future, making BNB coins one of the coins that investors can expect many things in the future what makes BNB coins continue to increase in price, the burned process will make the price continue to increase, many things can change as time goes on, the burned process will slowly make the price of BNB more expensive.

That would not be possible if BNB will not keep its development going, yes the burned process is really a big one as it reduces the supply, but they still have to continue impressing the investors so more money will come into this project. We can't deny the success of BNB as they are one of the projects with the brightest future, so continue investing and hold it until you see your target price.
they are indeed very tested and clearly I agree that they must always do development because that way they will always be able to provide the best for investors to want to continue to support every step that will be taken.

It must be admitted that bnb has indeed become the target of investors because it is true that success can always be better to continue to develop. last ATH $686.31, should have been without correction bnb would have been able to reach $1K at this point, but was forced to delay due to bitcoin correction. but end of year bnb will be able to achieve it same as bitcoin also get renewable ATH.

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July 10, 2021, 07:58:21 PM
 #443

BNB has had a great emergence, it is located in the most winning currencies, it has even earned much more than ETH, which has not grown in price, if BNB continues with this trend I think it will reach price levels that are highly expected by its investors :


Quote
From the technical point of view, Binance Coin (BNB) remains bullish until it keeps trading above the support level at $309. The selling trading volume is going down, which means that a decline is unlikely.
Source: https://u.today/btc-eth-bnb-ada-and-doge-price-analysis-for-july-10

In the same way, there is no need to fall into trinphalisms, because the market can make a very bearish movement that can drag all the heights, although it is a good time for BNB, you have to be very careful when trading.

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July 13, 2021, 06:02:05 AM
 #444

BNB has been full of experiences by buyers and Hodlers, as the BTC market has fallen a bit, BNB has been in a somewhat higher profit than the other alts, of course many are buying in the dip, their strategy is very good based on it:


Quote
However, this tight-range trading is unlikely to continue for long. If bulls drive the price above the 50-day SMA, the BNB/USDT pair could pick up momentum and rally toward $379.58. If bulls clear this hurdle, the up-move could reach $433.
Source: https://cointelegraph.com/news/price-analysis-7-12-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

It should be noted that BNB in the moments when BTC goes down, the bulls usually give good movements, possibly bullish in some cases, for now it is better to be waiting to see what happens with BTC and see how BNB continues to develop, it is not a good time for to sell.

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July 15, 2021, 05:11:05 PM
 #445

BNB one of the best performer of 2021 bull run. I started moving everything to BNB, will load more if down further. Surely BNB get $1K, nothing stop it to make hit milestone. BNB is now in consolidation period, looking slowly moving up, and it will move up if further good news comes in way.

Indeed. BNB has been one of the best-performing cryptocurrencies on the market this year. While prices have declined considerably over the past month, I think BNB will bounce back again once the crypto market goes bullish. It would be wise to stack BNB at current prices before it's too late. At $305 per coin (since the time of this writing), I'd say that BNB is quite a bargain.

Inevitably, BNB will reach $1k as it becomes popular worldwide. New projects are making use of Binance Chain because of the ultra-low fees and blazing-fast transaction confirmation times. Ethereum is getting extremely sluggish which makes it unpractical for "De-Fi". This hasn't stopped ETH from going towards new ATHs, as it sits between the $1.9k - $2.2k range. BNB can easily reach $1k because of its superior performance. The real question is when will it happen. No one knows since crypto behaves in many strange and bizarre ways. As long as you buy low and sell high, you'll have nothing to worry about. Just my thoughts Grin

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July 15, 2021, 06:32:30 PM
 #446

<snip>
Other top alts price will also bounce back if a bullish trend create impact on crypto market. However, investors are more optimistic about BNB now and you have described the reasons in your reply. Beside those, BNB team also burning their tokens from their total supply, which is helping it to get more attention of investors. Fees are cheap now but it will count as high in usd value if the price reach more high. BNB is a great example of successful altcoins of this year and it will gain more support from investors.

R


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July 15, 2021, 11:53:20 PM
 #447

I'm pretty sure the price of BNB will hit $1k. it's just that, for now, we may need to be a little patient. Well, the correction that has occurred so far has caused many altcoin prices to fall, including BNB. however, if a bull market occurs, I think the price of BNB will very easily reach $1k.
BNB one of the best performer of 2021 bull run. I started moving everything to BNB, will load more if down further. Surely BNB get $1K, nothing stop it to make hit milestone. BNB is now in consolidation period, looking slowly moving up, and it will move up if further good news comes in way.
Bnb fundamental really very strong , they have good developtment in feature and attractive CEO that always make investors calm and not panic facing this bearish market. Due this ways, investors will surely confidence buy and hold bnb.
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July 16, 2021, 03:51:27 AM
 #448

Bnb fundamental really very strong , they have good developtment in feature and attractive CEO that always make investors calm and not panic facing this bearish market. Due this ways, investors will surely confidence buy and hold bnb.
I agree with you, BNB has a smart CEO. Just now CZ announced the quarter token burn, and at the same time announced the 20th Binance Launchpad project. This will make the price of BNB soar.
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July 16, 2021, 07:49:19 AM
Last edit: July 16, 2021, 09:12:39 AM by djgtr
 #449

Bnb fundamental really very strong , they have good developtment in feature and attractive CEO that always make investors calm and not panic facing this bearish market. Due this ways, investors will surely confidence buy and hold bnb.
I agree with you, BNB has a smart CEO. Just now CZ announced the quarter token burn, and at the same time announced the 20th Binance Launchpad project. This will make the price of BNB soar.
Token burn can maybe make the price rise but I think it will not reach 1k$ this year. I think it will need a couple of year to reach 1k$ ATH, maybe binance will reach that price when btc price rise up to 100k$ in the next bull season. However we need to still wait for the update because everything may change.
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July 16, 2021, 01:18:24 PM
 #450

well, maybe the burning of tokens will have the effect of increasing the price of BNB, but I don't think it will be much. maybe, when a bull run occurs, the price of BNB may reach the price of $1k. I think the price of BNB will really go up to that price when the price of bitcoin also goes up.
I agree with your opinion. The burning of tokens can increase the price of the coin, but will not make the price of BNB reach 1k. The BNB price is only 300$ meaning it will take up to 330% increase to make the BNB price reach 1k. But I am confident despite slow fast BNB price will rise to 1k, we just need to be patient waiting for it.

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July 16, 2021, 02:45:50 PM
 #451

well, maybe the burning of tokens will have the effect of increasing the price of BNB, but I don't think it will be much. maybe, when a bull run occurs, the price of BNB may reach the price of $1k. I think the price of BNB will really go up to that price when the price of bitcoin also goes up.
I agree with your opinion. The burning of tokens can increase the price of the coin, but will not make the price of BNB reach 1k. The BNB price is only 300$ meaning it will take up to 330% increase to make the BNB price reach 1k. But I am confident despite slow fast BNB price will rise to 1k, we just need to be patient waiting for it.
it should be that if there is not a very deep correction of bitcoin, by then ATH $686.31 has been reached and the possibility of breaking through $ 1K can be fulfilled. sadly it had to be corrected and now it should drop to $309.61 which is -54.9% of the last received ATH bnb.

but there is still time and it is possible that it will happen again to form a better renewable ATH and it can't be stopped that maybe if bitcoin has started to improve then all altcoins will join as well, as well as bnb of course.
we are all patiently waiting for the possibility that the end of the year will be a surprise.

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July 16, 2021, 03:00:30 PM
 #452

well, maybe the burning of tokens will have the effect of increasing the price of BNB, but I don't think it will be much. maybe, when a bull run occurs, the price of BNB may reach the price of $1k. I think the price of BNB will really go up to that price when the price of bitcoin also goes up.
I agree with your opinion. The burning of tokens can increase the price of the coin, but will not make the price of BNB reach 1k. The BNB price is only 300$ meaning it will take up to 330% increase to make the BNB price reach 1k. But I am confident despite slow fast BNB price will rise to 1k, we just need to be patient waiting for it.
Increasing from $300 to $1k isn't needed 330%, the fact it only need around 200% to achieve that.

Bnb fundamental really very strong , they have good developtment in feature and attractive CEO that always make investors calm and not panic facing this bearish market. Due this ways, investors will surely confidence buy and hold bnb.
I agree with you, BNB has a smart CEO. Just now CZ announced the quarter token burn, and at the same time announced the 20th Binance Launchpad project. This will make the price of BNB soar.
They have announced it since last month IIRC when someone ask CZ when Bnb 16th will be begin, and CZ answered " July 15th - 18th July ish" which mean there are 2 days more before it happened. I kinda doubt there will be spike on BNB for this burning since last burning was hyped and made BNB soaring when 1-2 weeks before burning
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July 16, 2021, 03:34:39 PM
 #453

well, maybe the burning of tokens will have the effect of increasing the price of BNB, but I don't think it will be much. maybe, when a bull run occurs, the price of BNB may reach the price of $1k. I think the price of BNB will really go up to that price when the price of bitcoin also goes up.
I agree with your opinion. The burning of tokens can increase the price of the coin, but will not make the price of BNB reach 1k. The BNB price is only 300$ meaning it will take up to 330% increase to make the BNB price reach 1k. But I am confident despite slow fast BNB price will rise to 1k, we just need to be patient waiting for it.
- Agree, triple the current value of BNB is a relatively impossible story, the problem is not that this event is not attractive, the problem is that the market interaction is decreasing, our need right now is to hunt for strong discounts to buy everything cheap, buying a commodity with a high price like BNB would be very risky. This burn is not giving instant value but under a special circumstance, when the market is good and BNB is a rare commodity, we could see BNB hit $1k in just a few days


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July 16, 2021, 03:47:22 PM
 #454

I'm pretty sure the price of BNB will hit $1k. it's just that, for now, we may need to be a little patient. Well, the correction that has occurred so far has caused many altcoin prices to fall, including BNB. however, if a bull market occurs, I think the price of BNB will very easily reach $1k.
I agree its very easy for BNB to reach this $1k level its just matter of time when BNB burning makes the supply really scarce and the the demand will be high this is also one of the coin Im holding few.
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July 16, 2021, 08:44:10 PM
 #455

I'm pretty sure the price of BNB will hit $1k. it's just that, for now, we may need to be a little patient. Well, the correction that has occurred so far has caused many altcoin prices to fall, including BNB. however, if a bull market occurs, I think the price of BNB will very easily reach $1k.
pretty sure too BNB will hit $ 1000...

CZ recently burned BNB to continue to maintain prices, besides that Binance exchange is the best exchange in the world so it won't be difficult for BNB to reach $1k in the future.



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July 17, 2021, 09:53:04 AM
 #456

I agree with you, BNB has a smart CEO. Just now CZ announced the quarter token burn, and at the same time announced the 20th Binance Launchpad project. This will make the price of BNB soar.
Yes, and hopefully it can soar in the near future because to this day the price of BNB is still visible and tends to go down in the market, but I personally still strongly believe in the potential of the BNB coin.

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July 17, 2021, 11:39:18 AM
 #457

I'm pretty sure the price of BNB will hit $1k. it's just that, for now, we may need to be a little patient. Well, the correction that has occurred so far has caused many altcoin prices to fall, including BNB. however, if a bull market occurs, I think the price of BNB will very easily reach $1k.
pretty sure too BNB will hit $ 1000...

CZ recently burned BNB to continue to maintain prices, besides that Binance exchange is the best exchange in the world so it won't be difficult for BNB to reach $1k in the future.
it could happen and easy for bnb to achieve this target. With strong fundamental and high demand in bsc ecosystem it could drive binance coin price , at this moment we see bitcoin and cryptocurrency still facing many fud. But when its over , binance maybe the first coin that have fastest recovery.

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July 17, 2021, 04:48:50 PM
 #458

It should be noted that for now the price of all the alts have fallen, this is because BTC has not been able to rise above $ 31k, the presence of many bears has made the entire market have fallen a bit, the alts like BNB have also suffered, the BNB bulls have let their guard down a bit, perhaps they do it to wait for the best moment to defend the BNB levels:


Quote
A breakout and close above the 50-day SMA will be the first sign of strength. The bulls will then try to push the price to $379.58 and later to $400. On the contrary, a break below the $276.40 to $264.26 support zone will signal advantage to the bears. That could pull the price down to $211.70.
Source: https://cointelegraph.com/news/price-analysis-7-16-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

The BNB bulls are waiting, I'm sure if they see BTC go bullish the BNB price will have a big rise, possibly it will recover quickly, the smartest ones are buying for now.

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July 17, 2021, 05:15:13 PM
 #459

I agree its very easy for BNB to reach this $1k level its just matter of time when BNB burning makes the supply really scarce and the the demand will be high this is also one of the coin Im holding few.
Yes, but it's still not enough to reach the $1K level by BNB because it still depends on market conditions and how the Bitcoin price develops, because the BNB coin is also one of the coins that is actively following the rally from Bitcoin.



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July 18, 2021, 05:02:47 PM
 #460

Looks like we have to wait a longer time to reach $1k, bnb and all altcoins of course depending with bitcoin trend, if anything skyrockets when bitcoin goes down then rest assured it's only momentary and soon will drop again.
That's right, because the Bitcoin trend is still very strong in the crypto space so it has a big influence on some Altcoins, so what needs to be considered here is when Bitcoin is pumped again so that Altcoins are also pumped again.



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