Will Binance Coin (BNB) reach $1K?

[aylabadia05]

Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?

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[cryptoaddictchie]

Actually it can. The only question is when! No doubt that bnb use case is pretty amazing especially on their cex. Cz prioritize the benefits of their end users by having free transaction trade and discount whe  you use their exchange. Have some referral to make it more cheaper, and also they got a ton of products that some exchange lack.

I've been using bnb utilisation for so many purpose such as launchpad, launchpool, savings product, and even a lot of freebies to bnb users. Well, I regret dumping my bags of bnb but what I mentioned is so far the best traits binance can offer.

[indah rezqi]

For a coin like Binance, it's not that hard for me to hit $5K. Regarding when the price will be reached, I and even other friends cannot be sure when the price can be reached by BNB, which is supported by big projects.

[Gorosden]

Binance smartchain rocks presently, it's one of the cheapest chains available today so I believe there will be more people jumping into BSC network once ETH gas fee is going Insane once real alt season starts

[Tytanowy Janusz]

Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?

Its also worth to add that BNB is one of the best coins to hodl in terms of passive income. Lauchpads/lauchpools yell 30-60% APY if you dump them during listing day. Name a coin that is deflationary, gives 50% passive income, is in top 100 CMC, is well priced (binance CEX generate ~10 billion $ in profit per year which gives P/E ~ 10, average for nasdaq is 30), have chain with the biggest traffic, owns a site with the biggest userbase in crypo (binance own coinmarketcap). So yea even after 20x pump binance coins is still a good coin to hold. 1k$ is possible.

[eaLiTy]

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 October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?

Binance team has to give a big shout out to the Ethereum team for giving them the opportunity to grow because the inability of Ethereum to solve their network issues gave the BSC team a booster and new projects started using their platform. If it was a ideal situation where there is no issue with the Ethereum network, we might not see this rally.

When it comes to the valuation, it is possible that it could reach new milestones during this rally, lets see how the market will perform in the next couple of months.

[Beparanf]

Personally, I feel that the potential of BNB could even exceed $1k in price. however, nowadays BNB users are very much, almost all crypto users are using BNB or BSC network nowadays. in fact, personally, I think that in the future the price can compete with ethereum.
however, back to the statement that it is quite easy to believe a coin/token has a high price, but we don't know when the time will come. maybe speculation in the near future, the price of BNB could reach $600.

Binance has a deflationary token system which they burn percentage of BNB tokens that earn though the exchange transaction fee. Binance is the leading crypto exchange right so there's a high chance that they will burn more BNB tokens. Using the law of supply and demand, Binance can surely surpass ETH in the future if there profit from exchange will continue to rise exponentially from there current profit.

[yazher]

It has a high chance to reach up to that high considering their current development and progress. They just don't cease to content on what they have reached so far rather they continue their progress by continuing to develop their platform in a way that gives their users and investors a convenient way to trade and that's what's make their platform one of the great exchanges out there. I think the current price will reach up to that high as long they keep doing what they're doing right now.

[JeWay]

For a coin like Binance, it's not that hard for me to hit $5K. Regarding when the price will be reached, I and even other friends cannot be sure when the price can be reached by BNB, which is supported by big projects.

That's too high mate, even for the price of just $1k BNB had to really struggle to find it, so it's not a matter of when it happens but more of a possibility or not, because every year all coins start to compete very fiercely and chances are for next year Matic will be a particular highlight of the project developers as well.

[masterrex]

Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?

Well, this is crypto space and I believe everything is possible and Actually, the BNB price already reached $677 about 6 months ago, so that $1K per BNB price speculation is also possible and who knows it will achieve before this year-ends. Anyway, it was just my opinion, after all, it will still depend on the market situation.  

[EYC_ONE]

Now that BNB is at $526, will BNB reach $1K?

It cannot be said but in the current market, ETH and BTC have exceeded their highest prices. Where BNB has not done that now. So it is possible to come soon to reach the new price

[blockman]

Binance Coin (BNB) is the most popular coin currently in the crypto space.

It is popular but not the most popular.

Now that BNB is at $526, will BNB reach $1K?

The chance is there as it keeps on burning and there's still a lot of demand for BNB. There's a lot of projects that are also working on BSC and that makes the value of BNB higher because they're using the chain of BSC and that helps to pump the price of BNB.

[budi691]

for now the number of projects that use the BSC network makes the value of BNB prices go up, so slowly and surely BNB will continue to rise and can reach $ 1k by the end of this year, and the cheapness of GAS makes the BSC Network attractive for many projects,

[michellee]

Binance have a big chance to reach $1k in the future but we do not know when that will happen as it could happen in the next months, year or in the next few years. If we see what happen to ethereum, the price needs almost 6 years to reach the highest price this year so maybe that will happen too with BNB. But maybe to reach $1k does not need too long for BNB as BNB needs $500 to lift and reach $1k. But BNB needs more time to lift the price step by step and that will depend on how bitcoin moves at the market since now, bitcoin prices are down again.

[bigjuk]

Binance smartchain rocks presently, it's one of the cheapest chains available today so I believe there will be more people jumping into BSC network once ETH gas fee is going Insane once real alt season starts

Actually there is something cheaper than the cost in BSC bro, namely the cost on the Polygon and Tron networks, it's just that at this time there are not many project developers who want to use the two networks so they still want to stick to BSC which also has a big impact very positive for BNB.

[Rahman11]

BNB could surpass $1,000 and reach $1,110 as early as mid-2023, as predicted by Coin Price Forecast. They also predict $1,714 by 2025 and then $1,870 by 2030. An increase of +333%.

Binance Coin is one of the best performers of 2021 so far. Starting 2021 at $38.61 it has soared to $598.19, a new all-time high on the 13th of April 2021.

Now stable within 400 to 550 usd range and definitely some amount will be rising in near future.

[Raflesia]

I said it was possible to exceed the price of $ 1000 but the exact time and time no one knows when, the rally comes again then we need to expect to be able to redeem it, I believe about this even little by little I continue to hold BNB for the long term seeing the good prospects so good in the future.

Short time is not enough and this requires a process of how they can develop it, even though there are many companies for their projects but this takes a long time and this must be based on the price of BTC and ETH.

[Buntel168]

It is not imposibble to BNB reach $1k, because many man using Binance smart chain and the project .
and there are so many projects in the binance smart chain and this is one of the reasons why binance will be able to reach $1k

[iv4n]

for now the number of projects that use the BSC network makes the value of BNB prices go up, so slowly and surely BNB will continue to rise and can reach $ 1k by the end of this year, and the cheapness of GAS makes the BSC Network attractive for many projects,

I agree, I find BSC network very attractive because of the fees as well! It's how I started to learn about BNB because I wanted an alternative for Ethereum, and I found it! Probably BNB will face the same issues with fees once, or maybe not? But if they have a solution for this, if they can do something about this before it happens I believe that BNB can come closer to Ethereum in years to come!

[herurist]

when talking can or not I confidently answer this with the word can.
because indeed the adoption of bnb continues to improve, besides that their coin burn system is still a pretty good thing to see because indeed every 3 months they always do that.
the problem now is when it happened. they could reach that price maybe even more but for the time we can't predict this exactly, and time will tell all.