Quote from: Pearls Before Swine on November 10, 2019, 07:05:08 PM

Quote from: CryptoBry on May 19, 2019, 10:56:46 AM

Right now it is sitting at the $28 level

And right now it's at $20.50, so I don't think there's a chance of bnb hitting $50 this year unless bitcoin has an amazing rally and bnb goes along for the ride.

I'm shocked that it's even in the $20 range, which is outstanding for an altcoin in a market where most of them trade for pennies. I think a lot of that has to do with the popularity of Binance as an exchange, which of course is a reputation they've earned. No doubt bnb *can* reach $50 and probably even more than that, but it's going to depend on if and when altcoins in general start to move upward and whether Binance retains its #1 position among exchanges.

If anything happens that causes them to lose their popularity, I would expect that bnb would drop...and fast, too.

currently the price of BNB has dropped to $ 15, and it follows the flow of bitcoin. although BNB has great potential in reaching the price of $ 50, it looks like it will not be achieved this year. besides, it looks like binance is having problems with china, so if there is a possibility that the BNB price can reach $ 50, it can be achieved in 2020.