![]() ![]() ![]() Half of the money went to advertising and brand promotion, 35% – for platform development, modernization, and security, and the remaining 15% was directed to the reserve fund. This sum is not very impressive, since some projects raised a more considerable amount without a working business and products. The team succeeded in collecting 15 million US dollars the exchange was supported mainly by investors from China. Under the ICO terms, 50% of Binance Coin tokens were distributed among investors, the team received 40% and 10% – venture investors. On April 18, 2019, Binance Chain was launched, and all BNB tokens were moved to its blockchain in five days. Initially, BNB token standard was ERC-20, operated on the Ethereum blockchain, and was not available for mining. ![]() The main goal was to attract investments for the development of the Binance exchange. The average trading price is expected around $$283.62.īinance coin was released in July 2017 during the ICO. The maximum level that the BNB price can reach is $$256.91. BNB Price Prediction 2023Īccording to the technical analysis of BNB prices expected in 2023, the minimum cost of BNB will be $$230.20. This sudden growth means that the coin can become a solid asset now if it continues to grow. BNB has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.ĭuring the last month, the price of BNB has increased by 5.1%, adding a colossal average amount of $12.60 to its current value. In the past 24 hours, the crypto has increased by $3.90 in its current value.įor the last 7 days, BNB has been in a good upward trend, thus increasing by 0.84%. When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.īearish 47% Binance Coin (BNB) Price Prediction For Today, Tomorrow and Next 30 Days DateĪccording to the latest data gathered, the current price of BNB is $$246.99, and BNB is presently ranked No. Over the last 30 days, Binance Coin has had 14/30 (47%) green days and 2.06% price volatility.Our technical indicators signal about the Neutral Bullish 53% market sentiment on Binance Coin, while the Fear & Greed Index is displaying a score of 57 (Greed).According to our Binance Coin price prediction, BNB price is expected to have a 2.29% decrease and drop as low as by July 13, 2023.Our real-time BNB to USD price update shows the current Binance Coin price as $249.7 USD.Binance Coin (BNB) Price Prediction For Today, Tomorrow and Next 30 Days.However, the estimated price indicates an almost 30% increase from the altcoin’s current value under the $300 mark.ĭata from Coinalyze highlighted that merely $601K worth of BNB was liquidated during the recent fall, which was much less than the liquidations seen from May 9-12. Notably, the community has a historical accuracy rate of 83%, and the prediction saw 2,975 votes. Recently, the community of voters at CoinMarketCap estimated that the largest crypto exchange’s digital currency would trade at an average of $403.23 by the end of June 2022. With the chain’s fundamentals getting more robust in the coming months, BNB’s price could witness growth. “This proposal would increase the number of BSC Mainnet validators from 21 to 41, providing more decentralization and incentives for validators to constantly innovate their hardware and infrastructure.”įurthermore, the BNB Beacon Chain will also make the Binance decentralized exchange (DEX) open-source by the second quarter of the year to improve transparency and multi-chain integration. The u-turn in prices from the upper price range highlighted that bears posed a strong challenge at $325. On May 30, the altcoin rose above the $320 level, but bulls couldn’t build upon this move, and the price soon turned southward. BNB faced rejection at the crucial $320 resistance level as bears took control of the market. So, where will BNB’s price go in the month of June? BNB Price AnalysisĪt the time of writing, BNB’s price oscillated at $296.58, noting a 2.57% fall on the daily chart. However, the recent market sell-offs pulled BNB’s price below the $300 mark as the bullish bias shifted to bearish once more. In fact, towards the end of May, the altcoin’s path appeared to have a bullish structure on the price charts. Over the last month, Binance Coin (BNB) has been one of the better performing altcoins in the top ten cryptocurrencies by market cap. BTC’s recent fall below the $30,000 mark ignited market sell-offs affecting major altcoins’ trajectory. In the near term, high BTC correlation could play spoilsport for BNB’s price.īitcoin’s price has ranged between the $28,500 support and $30,600 resistance level over the past few weeks. Binance coin’s fall below the $300 mark has turned the bullish bias into bearish. ![]()
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