Will Binance Coin (BNB) reach $1K?

[Ryker1]

I strongly believe in BNB reaching higher price levels in the near future. With more projects entering the space (like the CatenaX and Polkadot) using BSC for their Defi foundations, the price of BNB will do great. So, investing in BNB now would be a good move.

The price target for many people will not be achieved in the near future because considering market conditions are still in correction and those using the BSC network are not only about CatenaX and Polkadot, but there are hundreds of new projects that are already using BSC for their new tokens.

Well because most of the traders know that BSC is backed only by Binance and in fact, there is no use of it. A coin that copies with ethereum is aiming at a low fee but now they are showing an increase of the fee every day. Possible that BNB will reach $1k if Binance will manipulate on it. That is a very close centralized coin which is only Binance knows when it will be up the price. Or perhaps, it matters on the bitcoin price which is all altcoins followed by bitcoin dominance.

[goinmerry]

Reaching $1,000 as an ATH for BNB is expected by many.

The rise of it from just $40 to $600 is already a big achievement and a reason to believe that going to $1,000 is not a problem. Even with lots of chains created and now popular, BNB is still far the most used network by any coins.

[mamesso]

I would say BNB could go as high as $1k, but I dare not say when it will happen.

In addition to Binance has a network of Binance Smart Chain (BSC) and Exchange with a large number of transactions every day. Binance also has a good goal of increasing the price of the coin in the future. BNB does burning every 3 months, Binance developers plan to burn around 100 million BNB. According to the latest data I found, Binance has burned around 15.93% or 31,863,791 BNB since October 2017.

The following is a list of burnings that have been carried out by Binance.

Coin Burn	|	BNB Enters Burning	|	Estimated BNB Price	|	Approximate USD Value	|	% of Total Supply	|
1. Okt 2017	|	986.000	|	$1,52	|	$1.500.000	|	0,49%	|
2. Jan 2018	|	1.821.586	|	$21,96	|	$40.000.000	|	0,91%	|
3. Apr 2018	|	2.220.314	|	$13,52	|	$30.000.000	|	1,11%	|
6. Jan 2019	|	1.623.818	|	$5,83	|	$9.400.000	|	0,81%	|
7. Apr 2019	|	829.888	|	$18,79	|	$15.600.000	|	0,41%	|
8. Jul 2019	|	808.888	|	$29,47	|	$23.800.000	|	0,40%	|
9. Okt 2019	|	2.061.888	|	$17,79	|	$36.700.000	|	1,03%	|
10. Jan 2020	|	2.216.888	|	$17,50	|	$38.800.000	|	1,11%	|
11. Apr 2020	|	3.373.988	|	$15,55	|	$52.466.000	|	1,69%	|
12. Jul 2020	|	3.477.388	|	$17,40	|	$60.500.000	|	1,74%	|
13. Okt 2020	|	2.253.888	|	$30,17	|	$68.000.000	|	1,13%	|
14. Jan 2021	|	3.619.888	|	$45,80	|	$165.791.000	|	1,81%	|
15. Apr 2021	|	1.099.888	|	$541,25	|	$595.314.380	|	0,55%	|
16. Jul 2021	|	1.296.728	|	$303,59	|	$393.673.654	|	0,65%	|
TOTAL	|	31.863.791	|		|	$1.581.245.034	|	15,93%	|

source: academy.binance.com

If Binance continues to burn its coins up to the set amount, the chances of BNB hitting $1k are huge.

[elisabetheva]

Reaching $1,000 as an ATH for BNB is expected by many.

The rise of it from just $40 to $600 is already a big achievement and a reason to believe that going to $1,000 is not a problem. Even with lots of chains created and now popular, BNB is still far the most used network by any coins.

Bnb's extraordinary achievement in just a few months has achieved an extraordinary increase and this is certainly something that cannot be taken lightly, there is the ability of bnb to be able to reach that price.
it's clear what you said, we don't close our eyes that bnb with the help of binance has been widely used and greatly contributed to the improvement of bnb. Until now the platform is always used for every transaction because of the speed and low price that has been provided.

so it's not impossible that bnb will be able to achieve what they want, maybe not at this time where everything is in a big correction, but the ability is there and it's just a matter of time.

[EmmaGod]

Bnb is presently trading above $600 and getting to $1, 000 doesn't seem like a big deal to me considering the fact that the market is bullish and the project use case keeps getting better. Binance holds several strategic projects in the cryptocurrency space. The purchase of coin market cap and other great projects shows that binance is here to stay and before long we would have the value of bnb hitting the mark.

[Lonypink9]

i think BnB smart chain will be $1k beacuse it is very important token at the right now. At this time we generally get bsc token..  all crypto leaders use bsc token . so i think bnb will $1k in future..

[Mkmanik]

Bnb is presently trading above $600 and getting to $1, 000 doesn't seem like a big deal to me considering the fact that the market is bullish and the project use case keeps getting better. Binance holds several strategic projects in the cryptocurrency space. The purchase of coin market cap and other great projects shows that binance is here to stay and before long we would have the value of bnb hitting the mark.

BNB tried a few times to break the previous ATH, But it cant. If BNB can able to break the previous ATH, Then it's very easy to hit $1000 per BNB. Bitcoin is not showing strength right now, so most of the coins follow Bitcoin. I strongly believe before bitcoin hit $70,000 BNB will hit $1000.

Bought some BNB at this dump, Target price is avobe previous ATH. If I found a clear breakout I will long BNB. The demand of BNB coin increasing day by day. CZ is doing some good job, A few days ago they also burned a lot of BNB. Its making huge demand for the BNB coin. so I am very bullish in this coin Technically and fundamentaly.

[Newlifebtc]

i think BnB smart chain will be $1k beacuse it is very important token at the right now. At this time we generally get bsc token..  all crypto leaders use bsc token . so i think bnb will $1k in future..

BNB is well known token and is going to reach the level of ethereum and slightly bitcoin in future, when ethereum came out many people was like doubting ethereum, but today look at ethereum is growing like bitcoin despite that bitcoin still give it space, is like BNB also. BNB will reach $1k in future time no disagreement about it because right now is project is moving properly.

[bakasabo]

i think BnB smart chain will be $1k beacuse it is very important token at the right now. At this time we generally get bsc token..  all crypto leaders use bsc token . so i think bnb will $1k in future..

BNB is well known token and is going to reach the level of ethereum and slightly bitcoin in future, when ethereum came out many people was like doubting ethereum, but today look at ethereum is growing like bitcoin despite that bitcoin still give it space, is like BNB also. BNB will reach $1k in future time no disagreement about it because right now is project is moving properly.

I might agree that one day BNB price could try to be close to Ethereum, but there are some factors that make me doubt this could ever happen. First factor is the blockchain as itself. While Ethereum blockchain releases updates from time to time, BSC does not have anything close to that. In other words - while Ethereum develop, BSC stagnate. Second factor is use case. Dont forget that BNB is widely used on Binance exchange. For example to lower transaction fees. If BNB would cost +4k, imagine how much users would spend on trading fees. And high BNB price would definitely kill launchpool programs or staking.

If Binance charge new user 0.075% for a single trade. Imagine how much would you pay, if its price reaches Bitcoin price, as you say. Wont it kill economics of the exchange ?

[dEjAvOU]

When the market is positive then BNB will move faster, I think BNB is the easiest coin to skyrocket because of the support from exchanges and developers who use BSC, no doubt that the price of $1000 can be reached soon because today BNB is up more than 4% even though Ethereum and bitcoin red.

[bakasabo]

When the market is positive then BNB will move faster, I think BNB is the easiest coin to skyrocket because of the support from exchanges and developers who use BSC, no doubt that the price of $1000 can be reached soon because today BNB is up more than 4% even though Ethereum and bitcoin red.

The only chance for BNB to skyrocket is to lure away all the users from Ethereum. That is not likely to happen, as Ethereum devs wont sit still. So far I dont see anything special that BSC offer, despite cheap transactions. But Matic, Solana or old Stellar has cheap transactions also. You can skyrocket price or double it (to reach $1000) just by offering cheap transactions.

BNB has one huge disadvantage (and advantage in the same time) - that might be shocking, but that is Binance exchange. As soon as Binance makes wrong decisions (what if they suddenly start to cooperate with government?) - huge wont keep waiting long.

[Jaered]

BNB and CZ has been in a lot of fix recently. From lack of operational licence to regulations issue. But CZ is making laudable efforts to right things. So along with the regular burn programs, I think BNB Weeks get up to 1k next year. Already $600 is my target before year end

[sulendra12]

will BNB reach $1K?

It could reach $1K anytime soon. Currently the price is already at $638 as I am writing this post today. Due to how popular BNB is and how widely this coin used for different purpose from building new projects based on their smart contract, backed up with real-project unlike the others and etc. It's possible for Binance to reach that anytime soon, the only obstacle they have to face is on the holiday at the end of the year soon.

[matjas]

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?

BNB again gained quite a lot in the last 24 h, i dont know if that is because people taking gains from CRO or there will be some news again soon. Maybe new lunchpad is being introduced soon, and people have inside information before us.
One thig is for certain, BNB will sooner or later reach 1k$ if they don’t get into troubles with regulators before.

[Evgenklm]

everything is going to this, the exchange is the best in my opinion, the use of the BNB token is very much, for example, I switched from ETH to BSC a long time ago, and I think many of them are, because of the commission.I am sure and convinced that BNB is undervalued, and the $1000 price tag is just the beginning.

[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?

Yes, for Binance coin BNB to be one of the most  crypto token in the space now, and the way people have trust in Binance exchange  and also the Binance SmartChain network, BNB might go above 1k$ in a very little time from now. Because people are not scared to hold BNB just like BTC, so BNB has a very long way to go.

If the market continues on a good track through December, then there is a possibility that Binance Coin (BNB) will hit $1K next year given its huge usage in the crypto space. It also cannot be separated from the movement of Bitcoin. If Bitcoin's movement is good, then BNB, ETH and other coins will also have a good impact.

[LastKiss]

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'm 100% sure if BNB will reach $1K sooner, as we see it's potential against Ethereum blockchain and other similar projects. Maybe not in this year but we can wait for next year or the next after, we know that many project born from Binance Smart Cahin (BSC) where it increases the values from Binance coin. 

[mamesso]

everything is going to this, the exchange is the best in my opinion, the use of the BNB token is very much, for example, I switched from ETH to BSC a long time ago, and I think many of them are, because of the commission..

The very fast token delivery process and cheap transfer fees compared to the current ethereum platform fees make some crypto users switch to BSC. And in terms of innovation, Binance is faster in updating than the ETH platform.
BSC adopts interesting changes and continuously tries to improve performance as well as efficiency. The consensus mechanism (PoSA) allows users to enjoy cheaper and faster blockchain transactions.
If one day the adoption of BSC is growing compared to the ETH platform, then the ETH platform will be under serious threat from BSC.

[ansarose1]

With this current market situation, i think BNB can do it to 1k usd price mark or even surpass that, since BNB coin is one of the top coins in the crypto market. Possible to get 1k usd for the next year on first quarter. Even it's smart chain makes a simple and low gas fees, many projects turn to bep20 network and this would grow further in the future i think. So it is safe and surely that BNB would grow further same as ETH and BTC, it's very good to invest and good for long term investment thus capable for a thousand dollar price in the near future.

[kak uli]

Binance has everything to reach $1000 and even more this year, even though there are only about 36 days left but I'm sure if the market bull runs then binance will reach $1000, this is why I never sell Binance and I only use staking on the binance exchange .

It's true as you said that Binance is a crypto that has been very maximal in its development, but to reach a value or price of up to $1000 is not as easy as you might think. $1000 is a fantastic value I think, if binance wants to reach that value I think it will take another 1 or 2 years.