Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?
What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much.
What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much.
I personally think that $ 1K is a very achievable goal for the BNB by the end of this year. And as for the long-term forecast of 5-10 years, I think there will be even greater development but I can not predict how big could be it.
It is an achievable goal but I am a bit surprised that BNB is so shaky all the time. I would think that it is able to resist little shakeouts of Bitcoin, but again and again it seems to be the opposite. There is no reason for BNB to be shaky as well because it has a foundation that is built on a successful business model.
Changes in the business model? Why on earth would a company like Binance change the business model for their BNB token? That is probably the most sustainable business model you can find throughout the whole crypto industry.