Re: Will BNB Coin Hit $300 Mark in 2023?

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?

Obviously BNB prices will jump above $300. Even now, BNB prices are trading in the $311-$310 price range. Therefore, I think BNB prices will continue to increase to at least $400. Moreover, the performance of the crypto market has recently started to improve.

if you look at the BNB chart, this year BNB has the potential to be more than $ 400,
because the Bitcoin halving will arrive in 2024 and bullish has also started,
if you want to hold it until altcoin season 2024 then you will enjoy the results, because I'm sure $ 1000 for BNB will be reached.

There is indeed a possibility that the BNB price has the potential to reach over $400. But I'm not sure if BNB price can reach $1000 next year even if halving happens. It is very likely that if the bitcoin halving occurs, then the price of BNB will only reach around $800.

I think we shouldn't rely on things that are difficult to achieve,
it's better to be realistic and look at the development of the price of BNB from year to year,
The most important thing is just keep following the progress.