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Author Topic: Will BNB Coin Hit $300 Mark in 2023?  (Read 2640 times)
posi
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December 09, 2022, 11:45:16 AM
 #41

Your price target shouldn't be much different from the current price. Instead of predicting it might hit $300 in 2023, you should make a prediction for BNB in the next bull run, and the target could be $1k per BNB. If Binance can maintain its current growth rate and expand and upgrade the BSC blockchain, BNB will very easily hit $1k since BNB's previous ATH was $700.

Many people think that BNB will be like FTT, but I don't think so, BNB is entirely different from FTT, and currently it is the biggest competitor of ETH. Speaking of altcoins, the future of BNB is very promising.

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December 09, 2022, 12:23:37 PM
 #42

The performance of BNB is quite promising and prominent. BNB has many factors that contribute to its growth, as evidenced by its recent $300 milestone. Binance Launchpad releases HOOK, which boosts BNB price over $300. BNB coin performance is quite healthy even without Binance Launchpad token sale. However, BNB coin will probably back at your required price anytime soon.

Many people think that BNB will be like FTT, but I don't think so, BNB is entirely different from FTT, and currently it is the biggest competitor of ETH. Speaking of altcoins, the future of BNB is very promising.

Based on the collapse of FTX, Binance's biggest competitor, I heard that the biggest centralized exchange might disappear within 10 years. I do not object to the concept, as 10 years is a fair amount of time and anything is possible during that timeframe.

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December 09, 2022, 02:04:15 PM
 #43

Currently the BNB price is around $290 and that means getting to $300 only takes $10.I don't think it will be too difficult because even though in 2023 it is still a bear market, there will definitely be some opportunities for price spikes (for example when there is good news for crypto). when there is a price spike it is not that hard for a big altcoin like BNB to raise $10.

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December 09, 2022, 03:38:50 PM
 #44

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.

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December 09, 2022, 04:04:27 PM
 #45

In my opinion it has a high probability to do so especially once bullish trend occur. Given the circumstances which happened recently, Binance gained popularity over unfortunate incident with FTX because comparisons were being made by investors about different exchangers. In line with this, it does seem that things are in favor with Binance which might positively affect the trust towards their token. This are just my mere speculations based on what happened, but the outcome will solely depend on how will this market behave for the next weeks or month.

BNB is a strong coin and opens ideas to anyone that Cryptocurrencies is a very profitable thing, now the owner of Binance Exchanges is one of the richest people in the world and plans to acquire many exchanges including those in Japan.
Also, its chain is now being used on many projects just like with ethereum which makes its community of users, bigger as its network. But I doubt all onwers of exchangers are earning as much as huge names such as Binance. There'll be a long period before an exchanger gain the trust of users.

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December 09, 2022, 07:54:39 PM
 #46

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.
BNB is a coin that can indeed give great profits but people need to be careful, we must not forget that BNB is a centralized coin issued by an exchange, and right now people are not really very trusting on exchanges due to all the things that have happened, besides a crash of that coin cannot be discarded for the very same reason we saw the FTT token crashing, so while an investment in the BNB coin makes sense, it is also important to keep alert in the case a similar scenario were to happen to BNB.
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December 09, 2022, 08:20:13 PM
 #47

We saw BNB hit $400 a few days ago. And currently playing below $300. You're talking about 2023, but BNB will surpass $300 this year. CZ, you know he won't let his coin down. Because of the smart contract, it has grown in value. So, as long as the market doesn't crash, hitting $300 for BNB isn't a big deal. Every day, a massive number of projects deploy their tokens to the Binance Chain. This means that the use case is expanding on a daily basis, it's been driving up the price of BNB.

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December 09, 2022, 09:23:32 PM
 #48

BNB is very near to hit 300$ mark. Hope very soon it will pump and hit 300$+. Because it's a huge potential coin which is also a native coin from Binance. So wait for 2023 to pump BNB a huge again.
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December 09, 2022, 09:53:05 PM
 #49

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.
BNB is a coin that can indeed give great profits but people need to be careful, we must not forget that BNB is a centralized coin issued by an exchange, and right now people are not really very trusting on exchanges due to all the things that have happened, besides a crash of that coin cannot be discarded for the very same reason we saw the FTT token crashing, so while an investment in the BNB coin makes sense, it is also important to keep alert in the case a similar scenario were to happen to BNB.
BNB have got its ath price close to $700 which is really big compared to the present market price of BNB. The team does many tactics to keep up the market amidst the bullish and bearish movement happening around the entire crypto market. Recently it had its launch pad token with which it bounced the market while rest of the market is bearish. There is manipulation, but it have reached a specific position as the leading exchange which adds value to it.

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December 09, 2022, 10:06:49 PM
 #50

Just to have some overview of what happened with BNB a few days ago...



We reached $300 last month already, in fact, we are in a bear market situation at that time. Meaning that it is very possible for BNB to reach $300 next year. Even reaching to $500 is not impossible as we are talking about a 1-year time frame.

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December 10, 2022, 10:56:21 AM
 #51

I guess maybe 3000? Because you know, 300 is not that weird, it's literally 10 bucks away, it could happen 10 minutes from now, that’s not really a question. Even one big whale could do that and that wouldn't be a shock, even in OPs message it says 289 and that’s not really that far off.

I do not think that it could be 3000 by the way, that is way too much, in order for it to go 10x higher, then the whole market should be in a huge bull run and I am afraid I do not believe that it will happen. Of course, this is just a guess and maybe I am wrong and it can do 10x and reach 3000, but that means bitcoin should be somewhere above 150k, ethereum over 10k and in that case bnb could be 3k as well.

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December 10, 2022, 11:24:58 AM
 #52

I guess maybe 3000? Because you know, 300 is not that weird, it's literally 10 bucks away, it could happen 10 minutes from now, that’s not really a question. Even one big whale could do that and that wouldn't be a shock, even in OPs message it says 289 and that’s not really that far off.

I do not think that it could be 3000 by the way, that is way too much, in order for it to go 10x higher, then the whole market should be in a huge bull run and I am afraid I do not believe that it will happen. Of course, this is just a guess and maybe I am wrong and it can do 10x and reach 3000, but that means bitcoin should be somewhere above 150k, ethereum over 10k and in that case bnb could be 3k as well.
It could be that that was what OP wanted to say Grin instead of the $300 he stated. Anyways, I believe that we might be looking north of the $1k price for BNB in the next bull market and it could even be around that price of $3k cos we never can tell what could play out for BSChain in the next Bull run.
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December 10, 2022, 11:56:25 AM
 #53

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.

As far as I remember, BNB's ATH was $700 last bull season and if it holds its current stability and continues to grow, then BNB's new ATH target is $800, I think you rate BNB a bit low. My prediction will be above 1k, maybe 1k5 for the next bull season.
If you notice, during this down season, even though bitcoin or ETH or other top coins have lost more than 70-80% of their value, while BNB has lost just over 50% of its value from ATH. A relatively modest figure shows that CZ is very concerned about his pet.

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December 10, 2022, 12:42:39 PM
 #54



Many people think that BNB will be like FTT, but I don't think so, BNB is entirely different from FTT, and currently it is the biggest competitor of ETH. Speaking of altcoins, the future of BNB is very promising.

Based on the collapse of FTX, Binance's biggest competitor, I heard that the biggest centralized exchange might disappear within 10 years. I do not object to the concept, as 10 years is a fair amount of time and anything is possible during that timeframe.

They are competitors, FTX is not Binance, they are two different companies run by two other people. You are also an investor who has participated in the market for a long time, then surely you are no stranger to the Coinbase exchange, coinbase was established in 2012 and up to now, it has existed for 10 years. The death of Mt.gox was no small matter in 2014 but the coinbase lives on to this day and its shares are listed on Wall Street. So is your 10-year concept still correct? Who came up with this concept? I'm curious.

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December 10, 2022, 01:03:24 PM
 #55

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.

As far as I remember, BNB's ATH was $700 last bull season and if it holds its current stability and continues to grow, then BNB's new ATH target is $800, I think you rate BNB a bit low. My prediction will be above 1k, maybe 1k5 for the next bull season.
If you notice, during this down season, even though bitcoin or ETH or other top coins have lost more than 70-80% of their value, while BNB has lost just over 50% of its value from ATH. A relatively modest figure shows that CZ is very concerned about his pet.

May be I am wrong and BNB might create an even bigger ATH but I am sure about is that it will definitely cross $800.
ATH are followed by corrections and so $800 ATH is inevitable followed by a correction and then may be a bigger ATH.
But what you said is right. BNB has been performing well in this bear market by holding it's price really well.

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December 10, 2022, 02:17:55 PM
 #56

Just to have some overview of what happened with BNB a few days ago...



We reached $300 last month already, in fact, we are in a bear market situation at that time. Meaning that it is very possible for BNB to reach $300 next year. Even reaching to $500 is not impossible as we are talking about a 1-year time frame.
Yes, BNB will soon return easily to $300 and it is only a matter of time, and BNB is a trusted coin that is profitable especially in the long term.
and what do we know with the collapse of FTX, investors are getting wary of lesser known crypto exchanges, we can see a lot of users start migrating to Binance. And I believe this will lead to a significant increase in the price of the BNB coin and I think BNB will be more than that price, and will probably reach $450/$500 in 2023.

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December 10, 2022, 06:05:24 PM
 #57

BNB is definitely a potential coin because it is created by the largest cryptocurrency exchange currently.
Binance also has their own smartchain and a lot of good investments. Considering their ecosystem BNB is a one of the good coins in crypto community.
It is bound to break it's ATH price in the next bull market and I expect it to be around $800 in the next few years.

As far as I remember, BNB's ATH was $700 last bull season and if it holds its current stability and continues to grow, then BNB's new ATH target is $800, I think you rate BNB a bit low. My prediction will be above 1k, maybe 1k5 for the next bull season.
If you notice, during this down season, even though bitcoin or ETH or other top coins have lost more than 70-80% of their value, while BNB has lost just over 50% of its value from ATH. A relatively modest figure shows that CZ is very concerned about his pet.

May be I am wrong and BNB might create an even bigger ATH but I am sure about is that it will definitely cross $800.
ATH are followed by corrections and so $800 ATH is inevitable followed by a correction and then may be a bigger ATH.
But what you said is right. BNB has been performing well in this bear market by holding it's price really well.

BNB has been showing its huge potential for a long time now even despite the bearish season. We've seen how it reached its ATH so yes, I believe that it isn't far from reaching $300 again. As long as it has several investors, I'm sure that it could easily strike higher than that. It's also multifunctional and is supported by a huge exchange so its potential will never be questioned or even doubted.
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December 12, 2022, 09:48:11 AM
 #58

Binance CEO CZ Zhao and FTX CEO SBF(Sam Bankman-Fried)  are always in news for the disputes between them. This week too series of tweet excahnge between CZ, SBF and Shark Tank star Kevin O'Leary were in headlines.

This effect some extent on these crypto coin prices but Binance is in its way to add more tokens. Few new tokens like Toon Finance,cosmos are in top list and thus BNB is predicted to surge high as it secured a spot in the top five rankings in terms of market capitalization.

As inflation fears are likely to get adverse by the start of the new year, we can expect a decent price movement. Coinpedia is bullish for Binance coin price prediction for 2023 and predicts $275.2227 by the end of 2023.
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December 12, 2022, 10:30:36 AM
 #59

What do you think, Binance price will surge above $289 or bearish trend will drag it down?
Yes, I guess. The price now is at $282 and we already saw the price increase to $300 and more so BNB can go back to above $300. But BNB can also get down again following bitcoin price moves. If that happens, that is our opportunity to buy back BNB. Many of us predict the BNB price can be up to $400-$500 in the next altcoin season. So before we miss the chance to sell BNB at that high price, we should prepare by buying more BNB. But you should remember that BNB is part of the altcoin and your second investment in crypto besides bitcoin as your main investment.

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December 12, 2022, 11:35:06 AM
 #60

     Maybe if before the end of December bitcoin becomes 20k$ again, for sure one of the next things to raise the value is Binance, and probably when this happens to bitcoin, BNB can kick around 300$-400$ in such concepts I think.

But of course, that still depends on the movement of value in the market, and the traders also depend on the movement of its price in the past days. So let's follow what happens next in this chapter.

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