Binance Coin Price Prediction

Mar 24, 2022
5 min read

This blog post will cover:

  • BNB statistics
  • BNB Roadmap
  • Crypto community about BNB
  • BNB Price Prediction 2022
  • BNB price prediction 2025
  • BNB price prediction 2030
  • Historical BNB price analysis

BNB is very popular and one of the most powerful cryptocurrencies on the market. The Binance coin’s primary mission is to support the Binance ecosystem. The BNB coin performs three main functions:
• acts as a trading asset;
• used to reduce commission;
• suitable for paying for goods on websites that accept Binance Coin.

BNB statistics

Let's take a closer look at the BNB coin according to the information from the CoinMarketCap service:

BNB Roadmap

BNB was released in 2017 by the major Binance exchange through an ICO. As a result, about $15 million was raised. A very strong team is working on the development of this cryptocurrency. At the moment, the official Binance website has a roadmap for the Binance Smart Chain blockchain on which the BNB coin is built. Let's take a look at the key points.
The most important team’s goal for 2021 is to create an Internet of Value. They want to enable users to freely exchange their assets or decentralized services with each other.
In addition, several categories of decentralized applications will be developed, such as Algorithms, Aggregation and Integration, Cross-chain and Multichain, Gamification, Community and Social tokens, Synthetics, Institutional DeFi, Infrastructure and Tools.

Crypto community about BNB

Many crypto enthusiasts have long been familiar with the BNB coin and they make optimistic predictions for 2021 of both the price and development of this cryptocurrency.

Some crypto critics see many cryptocurrencies as cheating and believe that BNB is not a good investment at the moment.

BNB Price Prediction 2022

  • Longforecast analysts make the following BNB price prediction for 2022:

BNB price prediction 2025

WalletInvestor analysts estimate that by 2025 the BNB price could reach $2,150 per coin.
According to the Longforecast service, the price of BNB cryptocurrency by the end of 2025 could be $1,814.
Experts at DigitalCoinPrice believe that the BNB price will be approximately $1,155 in 2025.
Coinpriceforecast suggests that BNB holders can expect $1,326 per coin in December 2025.

BNB price prediction 2030

Coinpriceforecast analysts have calculated that the price of BNB will be approximately $1,487 by the end of 2030.

Historical BNB price analysis

All time High: $690.93 (May 10, 2021)
All time Low: $0.09611 (Aug 01, 2017)

At the ICO in 2017, the price of Binance Coin was set at $0.1 per 1 BNB. Throughout its existence, this cryptocurrency has shown natural growth. But in January 2018, like many cryptocurrencies, Binance Coin had a crazy "jump", when literally in 12 days the price of Binance Coin went from $7.86 to a record $24.91.

In early February 2021, Binance Coin made a real breakthrough in terms of growth in value to $195, which happened due to the launch of Binance Smart Chain. In April, the price of BNB climbed to $598 per coin. And already in May, the cryptocurrency reached its all-time high. This happened due to the fact that on April 16, the Binance crypto exchange conducted the largest BNB burn. A total of 1.09 BNB was burned with a total value of $595.3 million. After that, there was a price correction and BNB fell to $300. In June, the price of the coin had already reached $427. The next leap took place after the next burning in the amount of over $393 million.

Nowadays, the projects launched on Binance have already enhanced the user's confidence. It positively affects not only the reputation of Binance as an exchange, but also the growth in the value of Binance Coin. In turn, the founders are trying to expand the possibilities of using the coin. In addition, after the launch of Binance Smart Chain in 2021, which allowed the company to join the DeFi area, the BNB cryptocurrency really went to the moon and some analysts say the price of $400 is only the first stage.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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