Binance Coin Price Prediction: Is BNB a Good Investment in 2022?

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What Is the Binance Coin Price Prediction Today

AT A GLANCE

  • In 2024, Binance Coin price is expected to reach $935.673, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $247.76849619474206 to $1505.5557947185748, with PricePrediction.net predicting a breakthrough leading to a price rise to $1505.5557947185748
  • By 2030, BNB price can hit $935.673

Binance Coin Fundamental Analysis

Project name
Binance Coin
Stock Symbol
BNB
Current Price
619.1116846445328
Current Supply
147584332.358925
Launch Date
2017

Binance Coin is a native token of the Binance exchange. It is used to pay fees on the exchange and trade in over 50 cryptocurrency pairs. The entire ecosystem is designed in a way to support a variety of utilities like trading fees, exchanges, fees, listings, etc. By May 2020 the token became the fourth largest one by market capitalization. 

The coin was released in June 2017 during the Initial Coin Offering, which had the goal of attracting investors to the upcoming Binance Exchange launch. Initially, the BNB token was released under the ERC-20 standard and was not available for mining, but on April 18 2019 the mainnet of the Binance Smart Chain was launched and all the tokens were moved there in 5 days. 

The ICO had terms according to which the 50% of the tokens were distributed among the investors, the team got 40%, and the venture investors received 10%. ICO helped to raise $15 million with investments coming mainly from contributors from China. 50% of the money went to advertising and brand promotion, 35% was allocated for platform development, modernization and security, and the remaining 15% was left for the reserve fund. 

The project team considered that the BNB token will be the object of inflation while creating the White Paper. To regulate it, every three months the company puts 20% of its income aside for the subsequent redemption of coins and their burning. According to the plan, only half of the initially issued volume will remain.

The Binance Smart Chain utilizes a Proof-of-Stake Consensus mechanism. In one day there can be only 21 stakers. The system is more centralized than Ethereum, though it’s faster and cheaper. 

Binance also launched its own start-up Binance Launchpad, which publishes numerous projects looking for investors. The exchange leads the initial sale of tokens by those projects. Anyone who has BNB tokens can take a part in the IEO, thus provoking the demand for the Binance coin. 

As a cryptocurrency, BNB is used to be a trading asset and also to be used to reduce fees. Users can pay the trading fee, exchange fee, listing fee, etc. For paying fees with BNB the users get discounts, the size of which depends on the time spent using BNB for the transaction fees. For example, first-year users of the Binance exchange can benefit from 50% off the fees. 

The total supply of the BNB token is 200 million, and more tokens can not be minted. The tokens are burnt all the time, or precisely, a certain part of the transaction is burnt whenever a new block is validated. But most of the burning is done on a quarterly basis. There is a formula based on BNB price and the total number of blocks so far validated in the chain. For example, in the first quarterly burn of 2022 over 1.8 billion BNB tokens were burned.

Binance Coin Live Price Chart

In October 2021, when most of the altcoins were going bullish, the BNB coin was also gaining value. On October 28 the price started to grow from $448 and reached $650 by November 8, missing its all-time high just by a little bit. Just like other assets, the BNB token couldn’t maintain a high price level for a long time, and after one week the price started to decline. On November 19 the price dropped to $531 but then recovered to go back to $639.

Till the beginning of November, the price was struggling to keep the support level, but after December 3 the value of BNB collapsed and was falling till the middle of the month when the BNB coin was trading for $528. Then the price stabilized around $530 for a few days, making an attempt to establish an uptrend at the end of the month reaching $568, and in the first days of 2022 it was declining. On January 9 the price reached $438, then there was a short bullish period that took BNB almost to $500, but after the middle of the month, the price of the Binance token collapsed again. 

During the last week of January, the BNB token was traded for around $380, then at the beginning of February, it jumped up to $419, slightly bouncing there until the price dropped again at the end of the month. At the beginning of March when the crypto market was struggling, the price of BNB jumped to $409 and then returned to the previous level. 

From March 16 the BNB token went up together with the other assets of the crypto market as the tendencies became more positive. By the 5th of April, the price of BNB reached $450, but then established a downtrend that lasted for a month. Before the serious hit of the crypto bears the BNB token was traded for $379, but at the beginning of June, BNB collapsed with the rest of the crypto industry. The price of BNB dipped to $269 and then recovered to $312 in the end of the month. 

On June 11 the market was experiencing the outcomes of the massive crypto sell-off that caused all the main tokens to lose in value. The price of BNB dropped to $222 and then decreased even more going down to $196. For the next month, the token was struggling to return any value bouncing between $218 and $240, but with the signs of a bull effect the price of BNB started to grow. By the middle of August, it reached $323 but then dropped to $283. Until early September the token was going down, but after it reached $276, the price jumped to $296. For the next 1.5 months, the price of BNB stayed bounced between $270 and $294 being slightly bearish. The experts don’t foresee a change in the situation in the near future. 

Binance Coin Technical Analysis

Binance Coin technical analysis shows that from mid-May until mid-July 2021, BNB’s price has been following a descending triangle pattern. At its end, BNB’s price went through a textbook bullish breakout and is expected to retest the nearest resistance (~$360–$370) around mid-August. This is supported by another bullish sign — in the first half of August BNB’s price has climbed above the moving average with good trading volume. So, if the trend holds after Binance Coin’s price reaches the first resistance, the next key point to watch is probably around $430: the way BNB’s price will act around this line might confirm or reject longer-term prognosis.

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Binance Coin Price Prediction

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

Binance Coin Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$710.18618379
9%
9%
2025
$1091.15568280
80%
80%
2026
$898.62631903
90%
90%
2027
$1316.39197681
181%
181%
2030
$1339.55821885
83%
83%

Binance Coin Price Prediction for 2024

As for Binance Coin price predictions for 2024, there are divergent opinions. PricePrediction.net expects an upturn towards $693.4051, and WalletInvestor echoes with ~$1037.651 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Binance Coin’s future price, citing numbers downwards of $290.9825 in December.
Potential ROI: 9% Buy

Binance Coin Price Prediction for 2025

In their Binance Coin price predictions for 2025, PricePrediction.net’s forecasts the coin’s price to go above $1194.886 by December. Forecasting Binance Coin's future, WalletInvestor expects further growth, too, saying the Binance Coin price will reach ~$1863.715 by that time. On the contrary, TradingBeast keeps predicting Binance Coin price decline, quoting prices around ~$284.7914 in 2025.
Potential ROI: 80% Buy

Binance Coin Price Prediction for 2026

Binance Coin price predictions for 2026 are still predominantly positive, with some analysts promising prices in the $693.4051–$2763.659 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $74.2934 in December 2026.
Potential ROI: 90% Buy

Binance Coin Price Prediction for 2027

Both PricePrediction.net and WalletInvestor predict the Binance Coin market to grow in 2027, resulting in $724.3607 and $3703.465 by the end of the year respectively. Other Binance Coin price forecasts support the idea: TradingBeast forecasts Binance Coin to reach $786.2718 by December 2027.
Potential ROI: 181% Buy

Binance Coin Price Prediction for 2030

Speaking of long-term Binance Coin price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Binance Coin price won’t grow further and, opposedly, will decline to $123.8223. TradingBeast’s price prediction for Binance Coin echoes with the projection of a downtrend to $86.67564. Despite this, WalletInvestor’s vision remains positive, promising growth up to $3184.98.
Potential ROI: 83% Buy

FAQ

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Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

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).

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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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