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Binance Coin Price Prediction – How High Can BNB reach in 2030?

What is the expected future of the Binance Coin? How high will BNB reach in 2030? In this article, we’ll see the potential of Binance Coin.

Binance Coin (BNB) has historically quietly and slowly risen to become one of the most valuable cryptocurrencies by market cap. Above all, the development of Binance, the largest cryptocurrency trading platform, has led to a significant increase in the value of the BNB in recent years. What is the expected future of the Binance Coin? How high will BNB reach in 2030? In this post, we’ll discuss the Binance Coin (BNB) projection for 2022, 2025, and 2030 and examine the cryptocurrency’s future.

What is Binance Coin (BNB)?

The Binance Coin was launched in 2017 as an ERC-20 token. Since 2019, the BNB has been based on its own blockchain, the Binance Chain. Furthermore, Binance introduced the Binance Smart Chain in parallel with the Binance Chain to facilitate the integration of smart contracts. This year the merger to form the BNB Chain took place. 

BNB is Binance’s native token. It serves as a utility token on the platform that users can purchase, trade and interact with. Using the BNB reduces transaction fees when trading cryptocurrencies.

How did BNB perform recently?

Binance Coin (BNB) has seen steeper losses over the past few months amid the bear market. In the 2021 bull market, BNB hit an all-time high of $690 in May. In November of last year, the BNB was able to reach similar heights with over 650 dollars. But in November the bear market started and prices fell sharply.

At the turn of the year, the BNB was only worth $527. In January we continued to see heavy losses before the BNB price was able to recover in the following months. But in May 2022 another serious crash began. BNB reached its low of $197 in mid-June. In the weeks that followed, the price stabilized again. At the beginning of October, the BNB rate was $282.

Why did Binance Coin (BNB) become so popular?

The Binance Coin (BNB) is now established among the top 10 cryptocurrencies by market capitalization. In the bull market, BNB was sometimes the number 3 cryptocurrency behind Bitcoin and Ethereum. The Binance Coin forecast has gotten better and better in recent years as the Binance platform has evolved into the largest trading platform for cryptocurrencies.

Binance refunds a lot of transaction fees to its users when they use the BNB on the platform. In recent years, the BNB has become an increasingly important part of the platform. As Binance grows and the number of users increases, so does the demand for Binance Coin, which improves the price and forecast. 

As demand increases, Binance also ensures that the supply of BNB is regularly reduced. A certain percentage of BNB is wiped out every 3 months, making the Binance Coin deflationary and making the forecast for BNB better in the future.

What is the Binance Coin forecast for the next few years?

In the next few years, the BNB could continue to rise. With the largest trading platform for cryptocurrencies behind it, the token should be able to continue to rise, especially in bull markets. The increasing demand due to the growth of the platform and the decreasing supply due to regular burning are ideal conditions for a long-term price increase. 

In the following, we want to deal with the Binance Coin forecast for the next few years. We look at the end of 2022 and then want to look more closely into the future, into the years 2025 and 2030. 

What is the Binance Coin forecast for the end of 2022?

In the coming months, we could still see certain movements in cryptocurrency prices and also in BNB. But how high can BNB go if we are in the middle of a bear market right now?

In the next 3 months, a strong price movement at the BNB is very unlikely. The Binance Coin is now a rather stable coin on the crypto market and closely follows the macro developments on the market. The bear market is in full swing. Furthermore, we have seen little movement on the market in recent weeks. This should remain the case for the next 3 months. 

The Binance Coin forecast for the end of 2022 should be close to the current price. Strong price drops or increases are very unlikely. The influence of the bear market is too strong for rallies. In recent months, we have established too strong support at the lower end of prices to go down.

Binance Coin Forecast End of 2022: $180 – $220

What is the Binance Coin forecast for 2025?

Now that we’ve covered the short-term Binance Coin forecast, let’s look a little more into the future. We have to mention that the bear market should come to an end in the next 1-2 years. A new bull market is very likely after we witnessed a new Bitcoin Halving. This is very likely to be the case in 2024. 

In the next bull market, the BNB should rise massively again. In the last bear market, BNB fell as low as $10 and rose to an all-time high of almost $700. That was an increase by a factor of 70. In the next bull market, this factor is very likely to decrease as it has with other coins. A factor of 20 seems possible. If we accept a low of $150 in the current bear market, Binance Coin could rally to $3000, making the 2025 forecast extremely bullish.

Binance Coin Prediction 2025: $750 – $3500

What is the Binance Coin forecast for 2030?

Now we want to look even more closely into the future. We have to be a little careful with this, as long-term predictions for cryptocurrencies can be very difficult. It is most likely after 2025 that we will see another bear market that could drop BNB price by 80%. After the next Bitcoin Halving (probably in 2028), a bull market should come again.

If we assume that the Binance Coin price falls to $600 in the bear market and the bull market follows a 15x increase, the BNB price could rise to $9000. Thus, the Binance Coin forecast for 2030 is extremely positive. However, this forecast is very theoretical and a lot can happen on the market in the next few years.

Binance Coin Forecast 2030: $1,000 – $9,000

Source: Altcoin

Altcoins

Best exchange cryptocurrencies to buy this week

UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today. BNB is underperforming today but could rally higher over the coming days.  The total crypto market cap could reach the $900 billion mark in the near term. The cryptocurrency market is trading in the green zone for the […]

The post Best exchange cryptocurrencies to buy this week appeared first on CoinJournal.

  • UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today.

  • BNB is underperforming today but could rally higher over the coming days. 

  • The total crypto market cap could reach the $900 billion mark in the near term.

The cryptocurrency market is trading in the green zone for the second consecutive day this week. The total market cap stands above $850 billion and could rally higher over the next few hours.

With most cryptocurrencies performing well this week, we will focus on exchange-based tokens and look at the top five you can buy before the end of the week.

Top five exchange tokens to buy this week

Uniswap (UNI)

UNI, the native token of the Uniswap decentralised exchange, is one of the best-performing exchange tokens this week. The token has added more than 4% to its value in the last 24 hours. At press time, the price of Uniswap stands at $5.73 per token.

UNI is an excellent choice because Uniswap remains the number one decentralised exchange in the world, processing over $700 million in daily trading volume. 

Where to buy Uniswap now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy UNI with eToro today

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy UNI with Bitstamp today

Sushiswap (SUS)

Sushiswap is the second decentralised exchange to make this list. SUS powers the Sushiswap exchange and has been performing well over the last 24 hours. The token is up by more than 4% in the last 24 hours and is now trading at $1.41. 

Uniswap remains ahead of Sushiswap, with Sushiswap processing roughly $20 million in daily trading volume. However, its SUS token is still a leading exchange coin. 

Where to buy Sushiswap now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy SUSHI with eToro today

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy SUSHI with Bitstamp today

Cronos (CRO)

The native coin of the Crypto.com cryptocurrency exchange is also trading in the green zone today. Cronos is up by less than 1% in the last 24 hours but could rally higher over the coming hours and days.

At press time, CRO is trading at $0.06447. Crypto.com is one of the top 20 cryptocurrency exchanges by trading volume and processes more than $220 million daily. 

Where to buy Cronos now

CoinEx

Founded in December 2017, CoinEx is a global and professional cryptocurrency exchange service provider. CoinEx supports multiple languages and are providing global trading services in nearly 100 countries/regions.

Buy CRO with CoinEx today

Okcoin

Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. Okcoin's mission is to help decentralize finance and level the economic playing field for everyone around the world. Serves 190+ countries with over 100K+ active traders and investors.

Buy CRO with Okcoin today

Binance Coin (BNB)

BNB, the native coin of the Binance cryptocurrency exchange, is also one of the exchange tokens to consider. At press time, the price of Binance Coin stands at $300.19, down by 1% in the last 24 hours.

Binance is the world’s leading crypto exchange. Earlier today, the exchange announced that it had acquired the Japanese-regulated Sakura Exchange BitCoin. Thus, allowing Binance to operate legally in Japan following its exit from the country four years ago. 

Where to buy Binance Coin

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy BNB with eToro today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy BNB with Binance today

KuCoin Token (KCS)

The last token on this list is the KuCoin Token (KCS). Similar to BNB, KCS has been underperforming so far today. However, it could recover and rally higher in the coming hours or days. 

KCS is currently trading at $6.71 per coin. KuCoin is the fourth-largest crypto exchange and processes nearly $500 million in daily trading volume. 

Where to buy KuCoin Token now

As KCS is such a new asset, it's yet to be listed on major exchanges. You can still purchase KCS using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy KCS right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You'll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the 1Inch DEX

Head to 1Inch, and 'connect' your wallet to it.

4. You can now swap your ETH for KCS

Now that you're connected, you'll be able to swap for 100s of coins including KCS.

The post Best exchange cryptocurrencies to buy this week appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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