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Binance Coin Price Prediction

An up-to-date Binance Coin price prediction for 2021, 2023, 2025. Wondering what is the future of BNB price? Find out Binance Coin price forecast with historical, fundamental and technical analysis.
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Binance Coin Fundamental Analysis

Many modern cryptocurrencies were born out of great technical or philosophical debates within the crypto community, or with the idea to pursue a big goal, but this was not the case with Binance Coin (or BNB). Binance created its own cryptocurrency with the intention of promoting its projects while providing benefits to BNB holders. Binance Coin was not born with its own Blockchain, but as an ERC-20 token, inserted within the Ethereum chain. The Shanghai-based company, founded by Changpeng Zhao in August 2017, generated an initial offer of 200 million BNB, which has been further reduced due to the cryptocurrency’s unique burning process. The company has later moved to Hong Kong and made its platform the world's largest exchange. Binance Coin currently holds a place in the top 10 cryptocurrencies by market capitalization. The central objective of Binance Coin is to be an intermediary currency in financial operations with other crypto assets. Thus, BNB would be a competition for Tether, the stablecoin currently used as the basis for most transactions on the world's exchanges. Binance Coin has a certain maximum offer, that is, it is not possible to issue more than a certain number of BNB coins. In its particular case, this max supply is established at 200 million BNB. However, due to the 'coin burns' carried out by Binance, this number is now lower and equivalent to approximately 187 million BNB. This cryptocurrency cannot be mined and instead uses a form of benefits for its holders. Thus, it works with a philosophy similar to the proof of participation. One of the benefits is the discount system offered by BNB. Its volume depends on the time when you have obtained your BNB. In the first year, you would get a 50% discount. In the following years, the discount would decrease to 25%; 12.5% and 6.5%. A specific amount of cryptocurrency is purchased by the platform each quarter and is electronically destroyed until 50% of the total supply is purchased. This can contribute to increasing the price, as the supply of coins will be reduced greatly.

Project name
Binance Coin
Stock Symbol
BNB
Curr. Price
575.46
Curr. Supply/Total Supply
169433763.9
ROI Since Launch
No Data
Launch Date
2017-07-08

Binance Coin Live Price Chart

Binance Coin Technical Analysis

Despite the fact that 100% accurate technical analysis for Binance Coin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated BNB buy-and-sell rating for selected timeframe. The summary for BNB/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Binance Coin Price Prediction

Below we have collected the most reliable price projections for Binance Coin (BNB) from popular forecast platforms.

#1. WalletInvestor BNB Price Prediction for 2021 and 2025

According to WalletInvestor, Binance Coin price will grow from $575.46 to $677.465 in one year. That makes BNB a good investment. The long-term earning potential is 17.73%. Predicted price for the end of 2026 is $1395.850.

#2. TradingBeasts BNB Price Prediction for 2021-2022

Answering the question about if Binance Coin is a good investment, TradingBeasts say resounding no. In the 2021 perspective, this coin price is predicted to reach $431.524 with a growth to $539.992 by the end of 2022.

#3. DigitalCoin BNB Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Binance Coin cryptocurrency will rise in the next 5 years starting from $571.046 as of today’s price to $2207.6. It will go up to $970.57 by 2022 and continue its growth in 2023-2024. Based on the forecast, Binance Coin is profitable long-term investment.

#4. LongForecast BNB BNB Price prediction for 2021-2022

In 2021, the average price will go up to $740.778. In 2022, Binance Coin’s price will raise significantly to an average of $1258.542.

Summary

As it can be clear from the analysis cited above, Binance Coin (BNB) projections are rather contradictory. There is no universal consensus either about positive or negative future BNB price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Binance Coin projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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