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Author Topic: BNB to $1k?  (Read 5018 times)
uray
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May 03, 2021, 06:47:40 PM
 #161

Many people say that CZ's BNB is chasing Vitalik's ETH. He built Binance Smart Chain to compete Ethereum, created Pancakeswap to fight against Uniswap. Lately, he announced launching of Binance NFT in June. All those stuffs serve the purpose of expanding BSC ecosystem. Considering that BNB's marketcap is far behind ETH's, $1k milestone is nothing impossible to BNB. I have huge belief on CZ.
What CZ is trying to do is to have a monopoly in the entire market by copying all the open source projects and renaming it and presenting as their own, i seriously do not think it will be a good move considering our past experience and i do think they are trying to win the market over aggressively and that is not a good sign as all of their projects are centralized to the core and i am surprised that the new users does not care about that.

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May 03, 2021, 06:51:10 PM
 #162

in my opinion, BNB will soon become $ 1000, because BNB potential is still very large, even though ETH has succeeded in reducing gas fees, but BSC gas fees are still cheaper than ETH, and I think BSC will improve in the future so that it can be even more superior than ETH.

Better than ETH? I don't agree with this, indeed the potential of BNB is very large, but is it that easy for you to compare it with ETH's activities like this? not just any coin can survive amid the problems of high transaction fees, and if it wasn't ETH it was impossible for investors to still believe that this coin was the best coin that would survive under any circumstances.

yeah, BNB seems to be on a good rise, have solid support from Binance, and all factors are in their favor
on the other hand, ETH success is just good for BNB, with their respective ATH's at the same time, personally I do not see them as fierce competition, more as complementary projects, ETH is now for institutions and global players, BNB for retail players, of course, one should do their own analysis prior to investment, this is not a financial advise

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May 03, 2021, 07:32:55 PM
 #163

Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

I think BNB and binance chain in general will have big future, because it is low cost, it is comfortable to use! I see that people start choosing it for most of transactions!

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May 03, 2021, 09:36:58 PM
 #164

I think that BNB has grown so much precisely because ethereum has known problems that could be solved with ETH 2.0, I think that the liquidity that came out of ethereum towards the binance smart chain after the release of ethereum 2.0 will return.
So BNB at $ 1,000, maybe yes but it depends on the timing of the release of eth 2

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May 03, 2021, 10:22:11 PM
 #165

slowly bnb is treading in the footsteps of eth trying (perhaps successfully?) to take its place, is the milestone of $ 1000 possible? yes and maybe even in less than 5 years
I also believe that BNB can reach $ 1000 this year, seeing the bullish season still going on and Binance always giving good news of course this will have a big impact on BNB prices going forward, and I can't wait for Binance to open NFTs passr in June, Of course the enthusiasm for BNB will increase, good luck. Hold your BNB!

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May 03, 2021, 10:40:57 PM
 #166

Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

Looking at current users and holders of BNB, it is very possible that the price of BNB will reach $ 1K because currently BNB has provided the best service to its users so that many people have bought BNB as a transaction tool. and followed by a new altcoin project that uses the binance network or the binance smart contract to make BNB increasingly popular with investors as well as large and small traders .

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May 04, 2021, 09:32:35 AM
 #167

BNB to $1k? Oh my! Why limit to just $1K when it could go more as time passing by, it is like ETH that needed in every transaction on BSC network so the possibilities are limitless.
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May 04, 2021, 10:55:39 AM
 #168

BNB to $1k? Oh my! Why limit to just $1K when it could go more as time passing by, it is like ETH that needed in every transaction on BSC network so the possibilities are limitless.
well, that's still a target, if the BNB price can reach that, then it's likely that the BNB price can reach even higher prices. well, now the opportunity to see it is getting bigger. in a minute, BNB's price could be as high as $ 700, and that's already very close to its targeted price.

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May 04, 2021, 02:13:20 PM
 #169

people think that the price of BNB is already very high, even though in my opinion compared to ETH, the price of BNB sounds more reasonable and lower, so the possibility to go up, still has great potential, because BNB is far superior to ETH, and yes ETH can easy to 1000 $ immediately

WTF man, ETH is already above $3k++, did you mean BNB can easily go to $1000 ?
I think it is very possible for BNB coin to hit $1k later, just look at the chart of the price in few months range.
The burn events in the future will makes BNB coin price even higher than the current price.

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May 04, 2021, 04:27:10 PM
 #170

BNB to $1k? Oh my! Why limit to just $1K when it could go more as time passing by, it is like ETH that needed in every transaction on BSC network so the possibilities are limitless.
Actually it is not a limitation on the price of BNB, but rather an early prediction for this year, as has happened to ETH where in the previous few days it had not touched $ 3K and now it has even passed $ 3.4K in one unit even though now the ETH price is also being corrected.

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May 04, 2021, 04:28:35 PM
 #171

Yes it will easily go.
Maybe it can cross 1200 also.
Lots of projects are coming based on bsc chain.
Thats why bnb price is increasing.
On the other hand cz also playing a big role in this pump.

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May 04, 2021, 05:20:05 PM
 #172

A very nice move from BNB where the coins treated by CZ and Binance have more value and cause market demand to increase.  Nobody refuses to have BNB for trading on Binance or can also be used to make contracts on BSC.

Currently BNB is in the third position just below Ethereum.  The price of Ether is also likely to go up, but BNB is crazier than expected.

No matter what, investing in Ethereum and BNB is a very good option right now.

If ETH is growing like crazy, BNB has a higher chance to do the same because of the low fees and blazing-fast transaction processing times. Technically-speaking, Binance Coin is superior than Ethereum. It's no wonder why it rose to popularity since the start of 2021. What will happen next will greatly depend on how long ETH will take to adopt network upgrades for scalability. The longer ETH takes to solve the "high-fee" issue, the faster BNB will grow in terms of price and mainstream adoption. I'd say that $1k per BNB is right around the corner.

Nonetheless, no one knows how much a cryptocurrency will be worth in the future. All we can do is speculate with the hopes of seeing our dreams come true someday. I've said this many times. As long as BNB has demand, its price will rise like there's no tomorrow. $1k per coin may be just the tip of the iceberg as the best is yet to come. With Binance being the world's largest cryptocurrency exchange, anything can be expected. Ethereum better watch out, as Binance Smart Chain (powered by BNB) is one step closer to becoming the world's second-largest cryptocurrency by market cap. If ETH doesn't scale in time, BNB could become the biggest cryptocurrency after Bitcoin. Just my thoughts Grin

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May 04, 2021, 05:46:25 PM
 #173

slowly bnb is treading in the footsteps of eth trying (perhaps successfully?) to take its place, is the milestone of $ 1000 possible? yes and maybe even in less than 5 years
looks like BNB is looking for a position like ETH. but don't know whether BNB is able to compete with ETH or not.
because not only in terms of price, there are still many aspects that BNB must go through to be like ETH

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May 04, 2021, 05:56:07 PM
 #174

BNB to $1k? Oh my! Why limit to just $1K when it could go more as time passing by, it is like ETH that needed in every transaction on BSC network so the possibilities are limitless.

Indeed, possibilities are limitless and it's just about time to complete those milestone step by step. That's why BNB should cross the milestones of $1k as a price because IEOs/ burning event won't be done within short time. If binance announce new IEO on launchpad, than BNB will sure to go higher than $1k, IMHO. Lets just wait for an announcement of new IEO as burning is done quarterly.  Wink

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May 04, 2021, 06:43:25 PM
 #175

If BNB hits $1,000 per token, then its market cap needs to be around $150 billion. That may be possible by 2024 or 2025, but definitely not this year. Let's first compare the market cap of Coinbase with that of BNB. Coinbase is having a market cap of only around $56 billion, and even at this level, it is considered as overpriced by some of the analysts. And IMO, the market cap of BNB should be less than that of Coinbase. The current valuation is a long way away from the fair price, IMO.



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Rainbot
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May 04, 2021, 06:58:12 PM
 #176

in my opinion, BNB will soon become $ 1000, because BNB potential is still very large, even though ETH has succeeded in reducing gas fees, but BSC gas fees are still cheaper than ETH, and I think BSC will improve in the future so that it can be even more superior than ETH.

Better than ETH? I don't agree with this, indeed the potential of BNB is very large, but is it that easy for you to compare it with ETH's activities like this? not just any coin can survive amid the problems of high transaction fees, and if it wasn't ETH it was impossible for investors to still believe that this coin was the best coin that would survive under any circumstances.
Just a few small developments made us think that ethereum is degrading with new currencies like BNB, I also feel unreasonable when the comparison is too much of a personal opinion, BNB has actually outperformed this year but ethereum also knows how to make progress, although investors are dissatisfied with the cost of transferring money but they are also not giving up ethereum in their wallets, they know this high cost reflects project quality and return. BNB may aim for the ideal figure in value but in no hurry to compare it with old projects, they still have their quality

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May 04, 2021, 07:19:30 PM
 #177

Quote

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much.
AFAIK bnb is pumping right now it's over $600+ and its only a matter of time before it gets to $1,000 mark, I guess we might see bnb at $1000 price probably by June or July, because I'm expecting another dip in the market anytime soon, bnb is really strong and it has been able to maintain the top 3 spot in the coin chart for a while now, but I don't know it will sustain that position once eth 2.0 is been released, I would love to see if people will still prefer bsc to eth.

BTW in the next 5 years, I expect the price of bnb to be around $3,000 per coin, I think its possible since Binance will keep burning more bnb's, there by reducing the total supply of the coin and making it scarce in the market.

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May 04, 2021, 07:46:30 PM
 #178

Purely because of my interest, I really want BNB to remain in 3rd place. I really do not want Doge to be able to catch up with him, or even overtake him (and such a situation, judging by the latest events, is possible). Therefore, I expect the growth of BNB, because Binance's supporters are unlikely to allow them to be bypassed)
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May 04, 2021, 07:46:43 PM
 #179

BNB could very well hit $ 1000 in the not too distant future. He is confidently moving towards this mark. Burning coins will only speed up this process. BSC compares very favorably with ETH, with its large commissions, and this is another plus.

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May 04, 2021, 08:07:54 PM
 #180

Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

I have no doubt the BNB will hit $ 1000 and maybe even more than that price. considering that the bnb continues to innovate and the bnb developer is also committed to providing the best for the bnb holder.

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