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 $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much.
9 Months after asking this , still we are not seeing any close movement to break that price . Oh Yes closely breaking the 700$ price but after that Binance shows weakness again and now stays below 500$.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.
this can be attain soon as the burning of coins is continuously happening and this is what really makes investors believe about the progress of BNB team towards the future usage of this coin .
As soon as the bull run will start again it could happen, but as the market stays bearish, it's hard to expect that an altcoin will pump when bitcoin is struggling. We have a trend and it usually happen, so I don't expect that BNB will reach $1000 soon, instead I'm prepared for the worst possible thing to happen.