Quote from: beerlover on December 13, 2019, 02:29:14 PM

Quote from: Prateek_sharma on December 12, 2019, 06:01:05 AM

Did you know?

According to experts, their is huge possibility that the token will recover to the value of $23 in the best case scenario.

https://coinpedia.org/information/bnb-binance-coin-price-prediction/

Let me know your point of view on this?

At its peak BNB managed to see 38 dollars, that wasn't because the price of BNB increased versus bitcoin that much but the trick was bitcoin going super high while all altcoins going down in bitcoin value except BNB, people managed to keep BNB at the same bitcoin price or close while bitcoin value in dollar increased, so it peaked at 38 thanks to basically "not moving" a bit.

Now, 23 dollars is not really that high, right now BNB is close to 14-15 and right now bitcoin price is pretty low as well, it became $14k this year and now its half that, if we can get bitcoin price moving once again and reach to a new high while keeping the BNB price versus bitcoin now moving, that would equal once again BNB increasing in dollar value easily, it is quite possible to do so.

BNB looks good coin for investing but reached with higher price maybe less possibility because during bitcoin keep with lower price we can't prediction BNB reached with higher price, less possibility to see BNB have higher price again and keep with lower price because one side BNB have many supply coin and try for burning coin but keep with lower price until bitcoin back with higher again and give positive price for altcoin.