I am amazed at the way that BNB is growing this year. What is more amazing is that after the famous Binance hack, BNB seems to be untouched and it even continued growing. Aside from its top exchange platform, people are also looking forward to the Binance Chain as possible rival of Ethereum and TRON.
Right now it is sitting at the $28 level and is considered to be the top gainer for this recent rebound of the cryptocurrency market. The future of BNB is now getting to be rosy to the hurrahs of its growing supporters and holders...
Do you think that BNB can be able to reach the $50 level within this year? Or does it have the potential to do so, in the first place?
By looking at the current altcoin market conditions, I am not too optimistic if BNB will be able to experience a price increase of that size, but if the market improves, I think the price increase of BNB will only range between the price of $25 to $30, because clearly the movement of BNB coins is still completely dependent on the Binance exchange. And we can see Binance is still a hefty exchanger, so the possibility of the price of the token binance can reach $30.