Binance Coin Price Prediction
Best advise? Study these charts 📖
Today's ForecastsBinance Coin(BNB) opened trading today at $31.43. It achieved a Market high of $31.92 and a subsequent Market low of $29.20, Representing a change of $-1.28 and price percentage change of -4.08% . Its current Price is $30.15 representing a market share of 0.85% only.
A total volumn of $99,034,064 worth of Binance Coin traded hands today, achieving a Maximum Market Cap of $5,250,749,952 for the day.
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The Bull Case 🐃 for Binance Coin
Many people are looking to invest in digital assets (including Binance Coin) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Binance Coin as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Binance Coin has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Binance Coin is currently trading around $30.15.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Binance Coin
The Binance Coin is an Ethereum-based token that allows users to receive a discount for any fees on the Binance platform, a pure cryptocurrency exchange that plans to create a decentralized exchange for blockchain assets. BNB also gives users access to special features and will be used to power the upcoming decentralized exchange.Visit website open_in_new
BNB Trading Stats for Today - 2020-12-02 02:56:47 +00:00 GMT
|Current Supply||174,153,536 BNB|
|Total Supply||200,000,000 BNB|
|24h Volume (coin)||3,284,699 BNB|
|24h Volume (currency)||$99,034,064|
|Last updated||2020-12-02 02:56:47 +00:00 GMT|
Other Price Forecasts similar to Binance Coin(BNB) :
Common BNB Price Prediction Questions
What is Binance Coin’s potential future value?
BNB's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Binance Coin is and what it does. This is because Binance Coin's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can BNB make you one?
What is going on with Binance Coin's price?
In order not to be too rattled, read our Fundamental analysis above on Binance Coin to know if it’s a good hodl.
How high will Binance Coin go?
No one really knows for sure. We however predict BNB might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Binance Coin(BNB) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Binance Coin to see its expected value. You can also visit Binance Coin's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Binance Coin website page will quickly provide you with that value.
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Why is Binance Coin's price going down?
It’s difficult to tell right now as the daily BNB candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Binance Coin's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Binance Coin, Simple click the Social Button on this page, located immediately below the Price Charts.
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BNB Live Prices Data
Binance Coin Daily Price History
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