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 no longer wish to invest in BNB because of the risks associated with regulation and the exchange. I do not see Binance staying the most popular exchange going forward. I see projects moving away from BNB due to the numerous scams and hacks there. Newer blockchains with more utility and protections for users, like Q Blockchain, will eventually win out.