In just a few years' time, Binance Coin has grown into one of the largest cryptocurrencies in the world. The coin of the well-known crypto exchange has seen a stormy growth. Can we expect more fireworks from Binance Coin? In this article, we'll look at the future and projections for BNB.
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Is now a good time to buy Binance Coin? Below we give you the short-term projections of Tradingview for BNB:
Binance Coin price prediction for the next few years
What do we expect the next few years? Below you can read the long-term projections of cryptocurrency analysis agency Coinpriceforecast.
Binance Coin price prediction 2022
According to analysts, Binance Coin will keep on growing slowly next year. By the end of 2022, BNB will reach a price of $ 517.
Binance Coin forecast between 2023 and 2025
If the crypto market keeps growing, BNB can profit from it. In 2025, Binance Coin will break the psychological barrier of $ 1,000 for the first time. According to analysts, BNB will conclude that year with a price of no less than $ 1,110.
|Year||June||December||% compared to the start of 2021|
|2023||€ 633||€ 747||2.340%|
|2024||€ 804||€ 907||2.863%|
|2025||€ 1.009||€ 1.110||3.526%|
|2026||€ 1.196||€ 1.294||4.127%|
|2027||€ 1.285||€ 1.374||4.388%|
|2028||€ 1.428||€ 1.514||4.846%|
|2029||€ 1.599||€ 1.684||5.401%|
|2030||€ 1.768||€ 1.768||5.675%|
Historical price analysis of Binance Coin
Binance Coin has been tradable since 25 July 2017. A great timing, since this allowed BNB to profit from the bull run of 2017. Binance Coin closed the year with an exchange rate of just over $ 7.
Bitcoin had already reached its peak in December, but most altcoins shot for the Moon in January. Binance Coin was one of these - the coin of the well-known cryptocurrency reached a price of no less than $ 20 during the bull run.
It didn't last long, however, because the price plummeted soon after that. BNB closed the year with an exchange rate of just over $ 5.
In the first half of 2019, the only way for BNB's price was up. Binance Coin set a staggering new record at no less than $ 34.18. Then things went downhill. By 31 December, the price had plummeted to $ 12.
Binance Coin recovered quickly and pushed through the $ 20 barrier in February. But BNB could also not escape the Coronavirus crisis. In March 2020, the price sank to the low point of $ 8.42.
From then on, it started to climb back up again. By the end of 2020, went out on the prowl for a new price record: the price confidently blasted resistance at $ 30.
Binance Coin ROI
Will Binance Coin rise in 2022 - 2025 ?
Prefer to watch a video? Check the projections for Binance Coin for the next few years here.
Binance Coin is a promising coin, but be mindful that the crypto market is very volatile. That's why you should never invest more than you're prepared to lose. We also recommend you do your own research as well. You can read Binance Coin news to always stay updated, for instance. Good luck!