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 (as of 17/08/2021):

BNB price: $430.65
Market capitalization: $72,408,544,058
Volume (24h): $2,663,729,171
Circulating supply: 168,137,036.00 BNB
Total supply: 168,137,036 BNB
24 Hour High: $435.72
24 Hour Low: $409.34

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 2021

According to the Trading Beasts service, the BNB price prediction 2021 is as follows (as of 17/08/2021):

Year-end BNB price predictions 2021:
Minimum expected: $328.607
Maximum expected: $483.256
Average expected: $386.597

TradingBeasts, 17/08/2021

We can see the next BNB price prediction 2021 on WalletInvestor (as of 17/08/2021):

Minimum BNB price for 2021: $354.361
Maximum BNB price for 2021: $590.234
Average BNB price for 2021: $468.970

Year-end BNB price predictions 2021:
Minimum expected: $391.044
Maximum expected: $590.234
Average expected: $501.577

WalletInvestor.com, 17/08/2021

DigitalCoinPrice offers the following BNB price prediction for 2021 (as of 17/08/2021):

Average BNB price 2021: $659.377
Average year-end BNB price expected: $612.15

DigitalCoinPrice, 17/08/2021

Longforecast analysts make the following BNB price prediction for 2021 (as of 17/08/2021):

Minimum BNB price for 2021: $317
Maximum BNB price for 2021: $687
Average BNB price for 2021: $536.7

Year-end BNB price predictions 2021:
Minimum expected: $431
Maximum expected: $551
Average expected: $491

Longforecast 17/08/2021

According to the information on the Coinpriceforecast service, we can see the following BNB price prediction for 2021 (as of 17/08/2021):

Mid-year BNB expected price: $304
Year-end BNB expected price: $536

CoinPriceForecast, 17/08/2021

BNB price prediction 2022

Trading Beasts analysts estimate that the maximum price BNB can be approximately $550 in 2022.
WalletInvestor experts make an optimistic forecast in relation to the price of this cryptocurrency – they believe that by the end of 2022 the BNB coin could be worth $940.
According to information on Longforecast, the estimated price of the coin in 2022 can range from $430 to $1,424.
The DigitalCoinPrice service expects the BNB price to be around $794 by the end of 2022.
Coinpriceforecast analysts believe that the BNB price could be $600-780 in 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.