Quote from: klidex on January 13, 2023, 07:29:26 PM

Quote from: Elena_Rodriguez on December 06, 2022, 07:47:34 AM

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.

In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction(https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction) for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022.

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

I don't think BNB will touch the $300 mark in 2023.
If you look at it from the market, it is still not stable and you cannot predict its movements or you can say it is unstable.
Whereas BNB itself is an altcoin that tends to have slower price movements compared to other altcoins. What's more, lately there has been a lot of bad news and FUD circulating about the BNB token owner's platform.
Maybe this price can be reached even more in the future when the bull market occurs, but it looks like it will take even longer and more than 1 year like what you have targeted in 2023.

BNB already hit $ 300 this morning and made high of the day at 314 , currently it is trading around 305 which is certainly a good news for all those who invested in BNB & it may hit $350 if Bitcoin remains strong in coming weeks. The crypto market was in oversold position since many months & It was waiting for any good news to take a technical rebound, The positive CPI report served as catalyst to trigger overall rally in crypto market.