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Author Topic: Will Binance Coin (BNB) reach $1K?  (Read 2864 times)
geegaw
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October 31, 2021, 03:14:33 PM
 #21

It seems to me that this will happen sooner or later. The BSC is very much used and the decrease in coins in circulation will sooner or later make itself felt thus we will see that the price will exceed 1k dollars. I think the price of 1k will be already in the next cycle of market growth.
Agree, Binance is a consultant and broker of many successful projects, after deploying a world of their own, besides using BNB as a cost, their sublimation is continuous and strongly motivates investors, for the cooperation to benefit from such project lines, almost everyone is embracing a lot of capital in BNB. 1k$ is a fully available path, what to complete is only valid procedures, this validity can come from some new advertising, coin burning or better yet, experiment with another trend

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October 31, 2021, 03:56:45 PM
 #22

Now that BNB is at $526, will BNB reach $1K?
Binance has so many reasons why it must reach 1k for sure. The burn was still happening until it will be reaching around 100 millions supply in the market. So many binance coin were also getting locked into the various platform like pancakeswap or BSC swap service that exist in the market. Remember that binance has been used for farming and staking as well. This will be adding more and more binance coin to be locked in the smartcontract.
Binance was also the biggest exchange site in the world. Regular fund that was coming from the binance revenue being used to expand its service into the various countries and funding various project to be a part of its ecosystem. 1k will be very easy to be reached by binance. Binance has the same potential like ethereum. The only problem is this coin lack of hype. Once a big pump happens with binance and this will be triggering all of crypto users to get in.
BNB potentially to reach 2k

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October 31, 2021, 04:17:08 PM
 #23

As for me, yes, it could possibly reach $1K in the future simply because it's too functional and has built a good foundation of trust from its investors already. It only needs more adoption and to be known by more huge investors just like what happened to Bitcoin. I'm sure that it will take time but I do not doubt that it could develop more in the future.
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November 01, 2021, 02:02:19 PM
 #24

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.
If we look at the supporting factors and the value of benefits from Binance Coin, for me the level of difficulty is not too high, although we can't determine when it happened. For now and even next year, I'm sure the Binance network i.e. BSC will still excel even if you say Matic will be a special highlight.

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November 01, 2021, 02:15:01 PM
 #25

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?
They could. I think the main problem with binance right now is centralisation but other than that, its features are richer than eth. Its fees are low than its rival Ethereum. Another thing is the speed. Aside from low fees, speed is also one of factors of being a great blockchain. It even surpasses the number of transaction versus Eth so in my opinion, in 2-5 years it could reach 1K or even more.
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November 01, 2021, 02:20:42 PM
 #26

Binance coin is heavily manipulated and big supply is in few hands.  Bnb can definitely reach $1k with it's supply structure,  burning mechanism and it's utility both on bsc and on binance exchange itself!

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November 01, 2021, 02:27:43 PM
 #27

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?

I think this is very normal thing  and that will happen very soon. After the high gas fee of ETH, BNB has reached their goal in very easily and continuing also. So if they maintain their present standard and if market did not down, soon it will hit to 1k$. Stay here.
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November 01, 2021, 05:30:13 PM
 #28

If Bitcoin can hit 100k then I can't see why BNB wouldn't hit 1k
If BTC can reach $100K, why can't BNB go up to $1K?.
What if we look at and analyze every opinion given by those who have had much higher experience above us about the journey of coins in the crypto space, from top coins to junk coins.  Wink

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November 01, 2021, 05:36:09 PM
 #29

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,
That's one of the strong reasons that Binance Coin could hit $1K but I'm not sure it will happen by the end of the year buddy. Imagine the current price of Binance Coin is $535, then the difference with $1K is almost half its current price. Obviously this is not easy.

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November 01, 2021, 06:48:56 PM
 #30

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?
This possibility is very open for BNB, moreover they have the Binance Smart Chain network, which people use every day, even transactions involving BSC are quite large for now, it's a sign that BNB is an alternative for people to make transactions, plus the transaction fees are relatively cheap and can be maximized by people, the possibility of reaching the price of $1k is quite open for BNB.

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November 02, 2021, 08:21:24 AM
 #31

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?
This possibility is very open for BNB, moreover they have the Binance Smart Chain network, which people use every day, even transactions involving BSC are quite large for now, it's a sign that BNB is an alternative for people to make transactions, plus the transaction fees are relatively cheap and can be maximized by people, the possibility of reaching the price of $1k is quite open for BNB.
But not in the near future or the end of this year huh?
The supporting factors that have allowed Binance Coin to reach a price of $1K are very strong, namely the Binance Smart Chain Network and the large Exchange. Regarding the relatively cheap transaction fees, it is still inferior to the Matic network. I don't think it's a grip.

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November 02, 2021, 08:42:23 AM
 #32

Dont you want to wait before BNB reaches or updates a bits its ATH, before discussing it reaching $1k ? I just dont understand why making dreams of altcoin price reaching any huge value, until it updates its ATH. Of course BNB would reach $1k, but nobody knows how much time will pass. Maybe one year, maybe ten. But I know for sure, that trading will be more profitable than waiting before BNB gets to $1k, as it might take a lot of time to reach that.

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November 02, 2021, 10:02:15 AM
 #33

But not in the near future or the end of this year huh?
The supporting factors that have allowed Binance Coin to reach a price of $1K are very strong, namely the Binance Smart Chain Network and the large Exchange. Regarding the relatively cheap transaction fees, it is still inferior to the Matic network. I don't think it's a grip.
There are four things that always make BNB superior to others and that is not owned by Polygon or Matic even though the transaction fees on Matic are much lower than BSC at this time.
1. An already very strong network (BSC)
2. A very popular exchange for a long time (Binance.com)
3. The fees are still very low and the transaction speed is quite fast
4. Lots of support from other parties that can help BNB coins stay at a good value

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November 02, 2021, 11:24:47 AM
 #34

It is very possible, there are many factors that support BNB to be able to reach that number even though it takes to process and time. in terms of its very many users, it has excellent BSC features and a timely burning schedule that makes the amount of supply getting less and less, this means that sooner or later BNB will reach a total supply of 100 million coins and will not be minted again and this is one of CZ's tweets. https://prnt.sc/1y5qogo

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November 02, 2021, 11:41:45 AM
 #35

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

Bitcoin still remains the most popular. Anyone hearing about cryptocurrencies for the first time must've heard about Bitcoin or ETH, not any other crypto. Even among the alts, I ain't sure BNB is the most popular.

Quote
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?
BNB is yet to surpass its ATH of $686 of May this year. $526 is still short of it. I'm optimistic it's going to zoom past that level and set a new record at the next alts rally that's forming now. $1,000 won't be a great deal to touch if anyone observed how far BNB had come a few years ago from around three cents to where it's now. It's really amazing. Except something ominous happens to the Binance exchange, I don't see its token – BNB– crashing and becoming worthless.

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November 02, 2021, 11:50:29 AM
 #36

I think 1k usd isn't hard enough for binance coin to catch up, maybe it exceeds greater than 1k usd by the 1st quarter of the next year possibly, aince it's current price is half way through the 1k usd target. Binance coin is potentially could reach that 1k mark even for a short period if time, hiwever never leave the factor that fluctuation sometimes occurs and still possible also to drop it's price.

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November 02, 2021, 01:12:23 PM
 #37

I think 1k usd isn't hard enough for binance coin to catch up, maybe it exceeds greater than 1k usd by the 1st quarter of the next year possibly, aince it's current price is half way through the 1k usd target. Binance coin is potentially could reach that 1k mark even for a short period if time, hiwever never leave the factor that fluctuation sometimes occurs and still possible also to drop it's price.

We can't measure what are the possibilities, the project is really promising and with more usages there are potential that it might break more than $1K Binance coin is progressive and many more people are realizing the full potential of this asset, buy and hold or use it for your investment inside binance exchange there are many ways to explore for passive benefits.

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November 02, 2021, 01:21:45 PM
 #38

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. Shocked Angry
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November 02, 2021, 02:02:03 PM
 #39

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!
i also picked binance network while looking for alternatives of ethereum network. bsc can be attracted for many users because most of the users do not wants to use eth network (large fee), bsc is superior network for it's low cost and super fast speed, than eth network.
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November 02, 2021, 02:15:51 PM
 #40

In the crypto currency market the binace have a big level . The binance exchange is a good exchange and we all know about the bsc network and about it's low  fees,
So it is no hard to catch the 1k for the bnb. I think in the future it's may be higher than our thoughts. But the pump and dump is the part of crypto so , this is not a financialy advice.

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