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Author Topic: Will BNB Coin Hit $300 Mark in 2023?  (Read 2627 times)
Elena_Rodriguez (OP)
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December 06, 2022, 07:47:34 AM
Last edit: December 12, 2022, 09:35:29 AM by Elena_Rodriguez
 #1

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.

In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction(https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction) for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022.

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

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December 06, 2022, 10:05:58 AM
 #2

I believe most Alts follow the BTCitcoin market trend which BNB might also follow, so if the market sentiment is still in a more Bearish trend, BNB might be on the same trajectory unless there is some Bullish news with BSC chain that might impact the BNB coin positively as we have seen occasionally. However, I don't think the $300 price is unattainable for BNB in the coming year 2023
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December 06, 2022, 10:13:10 AM
 #3

I personally believe that FTX blowing up and learning how they inflated their token to benefit their exchange, you have to wonder if this isn’t the same thing that’s happening with BNB. Its outperformance seems a bit suspect. I actually wouldn’t blame people for shorting BNB here. I am bearish on it. I think it’s past due for a correction and think it should be trading below $200.

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December 06, 2022, 11:37:22 AM
 #4

What do you think, Binance price will surge above $289 or bearish trend will drag it down?
Well, it has been there already if you check the chart and it's just going there and fro. The bear market has already pulled it down from its all time high.

It's also a follower of the trend from bitcoin so as the other cryptocurrencies. $300 is easy price for it to met if you're thinking only with that price.

That's not that much to think and very highly likely it will be there by 2023 and becomes stable.

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December 06, 2022, 11:45:54 AM
 #5

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.
Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.
What do you think, Binance price will surge above $289 or bearish trend will drag it down?

Well every price prediction that is coming from an average small investor like me is just a personal opinion and does not really say that much at all because it is just a guess. That being said i really think that a price of 300$ per BNB is very likely to be reached in 2023 i mean come on that is only like 12$ away from the current price. With the high price fluctuations that we are seeing in the crypto market in general it is even possible that we see a price of 300$ per BNB in the next few hours or something like that.
So if we are not going downwards from here on with the crypto market as a whole i think 300$ per BNB should be no problem.
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December 06, 2022, 12:25:05 PM
 #6

It depends if they have their own development going on their coins will undoubtedly rise their price. We need to understand that in order for the coins to rise it needs the developer's development and updates. Continuous development will make a coin stable and it will be the reason to stay in the market and be one of the most competitive coins around. But with the current situation of the crypto market, you don't expect BNB and other coins to rise on their own without the help of bitcoins. When the bitcoin price will recover, top altcoins in the market will also follow.

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December 06, 2022, 02:15:26 PM
 #7

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

Binance will able to surge above 289 easily without any doubt. it's only 1 dollar less than the current price. Did you think binance coin doesn't have ability to make it happen? i don't think so. Binance coin is the strongest coin by backed by the largest exchange site in the crypto.

If bitcoin will be pumping even higher above 17k and binance will be easily surpassing such rate. The possible scenario for now if we will be seeing the price of binance will be going down as bitcoin dumped as well.

The scenario in the crypto is very hard to predict now. People can't predict crypto accurately.

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December 06, 2022, 02:40:50 PM
Last edit: December 07, 2022, 06:38:27 AM by ali115112
 #8

I think BNB coin will close above the $300 price, and the opening price in 2023 will be more than $300; as for the history of some years, December is a good month for the crypto market, so there will be no adverse impact of FTX on the price of BNB coin.

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December 06, 2022, 06:30:28 PM
 #9

BNB price will surge above 289$ and there is a great chance to pump BNB at the year of 2023. And I always suggest to invest on BNB because it's a great potential coin in bull or bear market. And now it's price is much lower so we can enter in BNB coin now that will be a good investment.
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December 06, 2022, 06:35:31 PM
 #10

For sure bnb would hit $300 and even bypass it. Remember this is CZ we are talking about here, not some random lesser known crypto project. CZ has this stranglehold on crypto which he aint letting soon
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December 06, 2022, 06:40:37 PM
 #11

BNB price will surge above 289$ and there is a great chance to pump BNB at the year of 2023. And I always suggest to invest on BNB because it's a great potential coin in bull or bear market. And now it's price is much lower so we can enter in BNB coin now that will be a good investment.
Investors more than ever need to be very careful, BNB as it is known is a coin released by the binance exchange, and while it has shown a good behavior over the years at the same time we need to be very wary of any centralized coin at the present due to the specific circumstances that we are going through, binance seems to be in  more solid situation than other exchanges but we cannot simply trust them, as this seemed to be the case for the FTX exchange as well and it collapsed in less than a week.
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December 06, 2022, 07:00:45 PM
 #12

For sure bnb would hit $300 and even bypass it. Remember this is CZ we are talking about here, not some random lesser known crypto project. CZ has this stranglehold on crypto which he aint letting soon
Mind you that CZ is a businessman who will definitely put his own pocket first in anything he does, even if it has to do with manipulation or pumping his token for the meantime, only for it to dump later on after his desired effect has been actualized, i wonder why you should have so much trust in an individual, in a network that is meant to be trustless. Having said that, i know quite a lot of people are bullish on the price of BNB, but as you accumulate on that token, watch out for a possible dump sooner rather than later, so do no put everything into it expecting a constant pump.

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December 06, 2022, 07:26:18 PM
 #13

Are you kidding 300$
All time high of BNB is is 690$ and in my opinion in next bullrun the price will breaks 1000$ easily but patience is the key to success in crypto field , So make some DCA at supports like 220$ and if breaks more then 180$ but you need to think for long-term profits not these lows , I have seen in COVID days i see bitcoin at 6000$ you believe then net 2 years it breaks 60,000$ thats why hold is gold dont be afraid and keep DCA if you want to change your life style in next 5 years .

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December 06, 2022, 07:30:50 PM
 #14

As we have seen about most Alts studies, they are always on the way of Bitcoin, for example, if Bitcoin is smoothly behaving, then mostly the alts flow, and when Bitcoin falls, they gradually decrease. So, we can also consider the BNB that might be better if Bitcoin starts its show, and went through its greater point.

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December 06, 2022, 07:33:54 PM
 #15

We are not far away from $300 and for BNB, it is very much possible to cross $300 in 2023. This is a good time to buy BNB at a lower price. If Bitcoin starts to rise then we will be able to see a great movement of BNB also. Besides, CZ can announce good news before ending this year.
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December 06, 2022, 08:06:39 PM
 #16

I believe most Alts follow the BTCitcoin market trend which BNB might also follow, so if the market sentiment is still in a more Bearish trend, BNB might be on the same trajectory unless there is some Bullish news with BSC chain that might impact the BNB coin positively as we have seen occasionally. However, I don't think the $300 price is unattainable for BNB in the coming year 2023

You're right, we have seen several times that the domination of Bitcoin has greatly influenced the movement of Altcoins, if the price of Bitcoin has decreased, then the majority of altcoins will also follow that flow (there are even some altcoins whose declines are even worse). But I personally think $300 isn't an unreasonable target for $BNB, right now $BNB is at $288, just a few dollars short of reaching that target by the end of 2023. Well, back to our initial point that the movement of the majority of altcoins will still follow the movement of Bitcoin itself.

R


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December 06, 2022, 08:41:21 PM
 #17

No doubt about it, I am 100% sure that it will hit 300 bucks, that's nothing to BNB at all, it is a common price. I think it will more like be 500 dollars by somewhere close to end of 2023, we are going to see it actually go super high. That doesn't mean that it will happen in January though, maybe in October who knows? So, just because it hasn't reached where you want it to reach, do not let it go, you should still invest into it for sure.

I personally believe that it will go a lot higher, but that would require a lot of waiting and in order for you to make a profit, you need to buy it and also wait, you can't just do one and not the other and expect to make a profit.

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December 06, 2022, 09:15:59 PM
 #18

I personally would still say that it is very likely that Alt will still depend on bitcoin in the end, regardless of anything at this time $ 289 is still very possible for that price even more but when looking at the market it is a little difficult to predict especially now that the development is still stagnant we can't mention that with full confidence even though it will return to the price as before and even the possibility of ATH will still occur, we also cannot rule out the Bear Market which is a little difficult to predict.

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December 06, 2022, 09:46:29 PM
 #19

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.

In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022.

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

$300 is actually pretty low estimate when you are aware how many percentages these things move in a day. So if something unpredicted doesn't happen i can't see why it couldn't go even higher. CZ trust level in the eyes of public just peaked and people will more or less are paying attention to anything binance does. BNB price will naturally follow always when they are in the spotlight. And i can't see why they woudn't try to keep the spotlight.

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December 06, 2022, 09:50:50 PM
 #20

We are not far away from $300 and for BNB, it is very much possible to cross $300 in 2023. This is a good time to buy BNB at a lower price. If Bitcoin starts to rise then we will be able to see a great movement of BNB also. Besides, CZ can announce good news before ending this year.
There is no doubt about BNB so far, they assure the public about the safety of the exchange and share to the public their financial plans and status which i think was a great move. BNB can hit that price and yes we should start buying now because the bull market will surely come, maybe 2023 will be the starting point of the bull trend so better to be prepared for that and waste no opportunity here.

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