Mathisen Marketing

Your Marketing Blog

BNB Price Prediction 2022 to 2030: Will BNB reach 1000USD?

BNB Price Prediction 2022 to 2030: Will BNB reach 1000USD?

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

BNB is a native token of Binance crypto exchange, and was launched in 2017. In this article, we are going to discuss what is BNB, and if BNB is a good investment to make in 2022? We will also talk about BNB price prediction for 2022 to 2030. So let’s begin.

Binance has given great returns since it started trading since its ICO. Binance as a platform has grown to be the best crypto exchange one can trust, despite many lending platforms and exchanges shutting down recently. Specially last year, Binance saw a NON-STOP growth from 20-30 USD to reaching above 600 USD in less than 6 months time.

At present BNB is trading close to its ATH wrt BNB-BTC trading cycle.

What is BNB coin?

BNB is a utility coin of Binance crypto exchange as well as Binance smart chain. It may be used for trading and making commission payments on the Binance cryptocurrency exchange. As said, it fuels the Binance Chain, a network of smart contracts established by Binance and home to a number of initiatives. For every trade you make on Binance, if you pay the fee with BNB coin, you get a discount on your trading fee.

The value of BNB skyrocketed as Binance and its blockchain network gained more notoriety. By the end of the year, investors who purchased at the beginning of 2021 had earned profits of more than 1,200%. 

With the help of primarily Chinese investors, the team was successful in raising 15 million USD. Since other ventures gathered more money without having a functioning company or product, this figure is not particularly outstanding.

Binance Coin: BNB Details

Website binance.com
Token Ticker BNB
Token Supply 200,000,000
Current Supply 161,337,261
Founder CZ
Release Date July 2017
Network BNB
Consensus Mechanism
Current Rank #5
Market cap 45,565,167,346

What distinguishes BNB from other Crypto Exchange tokens?

The fact that Binance and Binance US exchanges recognize BNB as their official cryptocurrency sets it unique. It is also the default token for Binance Smart Chain. 

It has played a crucial part in the development of the BNB Smart Chain.

On Binance Smart Chain, developers can create non-fungible tokens, make blockchain games, and produce decentralized apps, among other things and all of these uses BNB as a token to pay for the gas fee

Did you know the growth of ETH ecosystem created a lot of demand for BNB? Let me explain.

The biggest and the most decentralised smart contract blockchain of all time, Ethereum, was experiencing severe network congestion back in 2021. Transactions were delayed as a result of the congestion, and gas costs increased. For a simple SWAP, users had to pay 200 to 300USD in gas fee. Users had to move from ETH network to some other network to reduce their gas fee, and one fine day CZ, founder of Binance announced the launch of Binance Smart chain.

Transactions on the BNB Smart Chain process swiftly and with low gas costs. While Ethereum has continued to be widely used, many developers and consumers shifted to other platforms in order to reduce fees. Due to the necessity to expand upon and utilize BNB Smart Chain, this raised demand for BNB.

The adoption of technology of Binance Coin

The main reason Binance is so well-known is the fact that it conducts 1 billion trades every day, round-the-clock. There are many more reasons as well. So there is no issue with liquidity on Binance for most of the coins listed, specially the top ones.

For all this volume of trade, BNB is burnt in an orderly, phase-by-phase manner to bring stability while preventing abrupt market movements.

BNB’s initial coin offering of 100 million coins, which was launched in July 2017 and was a rousing success, raised $15 million as the company soared to its full potential. With a substantial portion going toward marketing initiatives, the monies obtained were used to strengthen the ecosystem even further. The benefit of inter-tradability for other virtual currencies is another characteristic that distinguishes BNB and makes it a target for widespread adoption. BNB can be used to pay Binance’s 0.1% per trade cost in contrast to the assessed withdrawal charge when cryptocurrency owners transfer their funds out of an exchange and into a personal wallet.

The Binance model is made in such a way that it does not enable smart contracts and instead makes use of the Tendermint byzantine-fault-tolerant consensus mechanism. The ability to utilize Binance Coins in other particular ICO investments through Binance’s Launchpad program is another key advantage of the cryptocurrency. Other virtual coins can be traded within the flawlessly opportunistic framework that Binance has created. The Binance platform, and digital currency all support a wide range of credit and debit cards.

Okay, we have learnt a lot about Binance, BNB and their history. Now, let us have a look at the price history of BNB since 2017.

BNB Price History 2017

BNB was introduced through an ICO that spanned from June 26 to July 3, 2017, by the Binance development team, which includes its founder Changpeng Zhao. 200 million BNB tokens, worth around $0.15 apiece, were the initial available supply. Out of that sum, 100 million dollars were sold at a public auction, 20 million dollars were given to angel investors, and 80 million dollars went to the founding team. The coin once launched traded below its ICO price for quite sometime @ 0.11 USD. From there, in next 3 months, BNB touched more than 10USD.

BNB Price History 2018

BNB started to trade in 2018 from 8.11 USD and from there, it reached $22.32 on January 12, 2018. And then came the bear market.The coin’s value then dropped by 50%, remained stable until the third quarter, then started to decline once more falling below 5 USD and closing the year just above 6USD.

BNB Price History 2019

For BNB, 2019 was a year of incredible success. Despite a slight slowdown in the coin’s performance throughout the second part of the prior year, the IEO it introduced gave it a big boost, and it ended the year 2019 with gains of more than 150%. On June 12, 2019, the coin reached a new all-time high, or ATH, of $34.69 in 2019. To finish the year at $13.95, it dropped once more.

BNB Price History 2020

Pandemic, a problem that initially surfaced at the start of last year and lingered for a substantial amount of time, is the only factor contributing to the value of Binance Coin continuing to fall. 2020 saw a gradual increase in the price of the Binance coin, which eventually reached the $40 price point.

BNB Price History 2021

After that, beginning in 2021, Binance Coin experienced a rapid rise and climbed to a new record high of $690. But despite experiencing a small drop after reaching an ATH, the BNB currency kept moving in a bullish direction.

BNB Price History 2022

As the markets dropped in April, it continued its downward pattern that had begun the year. On June 19, the cost decreased to $214.92. For some while it was constant. It is worth $277.39 at the moment.

BNB Price Today

{
“symbol”: “FX:EURUSD”,
“width”: “100%”,
“colorTheme”: “dark”,
“isTransparent”: false,
“locale”: “in”
}

How to buy BNB?

Now that you have understood about BNB, its relation with Binance, BNB’s price history and the factors that led to the growth of BNB coin, let us discuss how you can buy BNB in India as well as international.

Where to buy BNB with BTC, USDT on international exchanges?

Buy BNB Register here
Binance Sign up here
Huobi Sign up here
OKEx Sign up here
KuCoin Sign up here
Coinbase Sign up here
FTX Sign up here

Which are the Indian crypto exchanges where I can buy BNB?

You can buy BNB from almost all Indian crypto exchanges against INR.

Buy BNB Register here
WazirX Sign up here
CoinDCX Sign up here
Coinswitch Kuber Sign up here
Binance Sign up here

BNB Price Prediction for Today and Tomorrow

BNB is trading almost near ATH, in terms of BNB-BTC chart. BNB Price Forecast suggests BNB could trade in GREEN for today and tomorrow, in terms of USD.

BNB Price Prediction for September 2022

The BNB price prediction for September 2022 is Bearish. As of this month, the least trading price may be $247.5 and the maximum could be $275. It is anticipated that BNB will typically fall below 250 USD by September 2022 end.

BNB Coin Price Prediction 2022

When Maximum Price Minimum Price
August 2022 250 225
September 2022 275 247.5
October 2022 229.1666667 206.25
November 2022 186.3143631 167.6829268
December 2022 238.4823848 214.6341463

BNB Price Prediction 2023

When Maximum Price Minimum Price
January 2023 298.102981 271.00271
February 2023 372.6287263 338.7533875
March 2023 496.8383017 451.6711834
April 2023 451.6711834 410.6101667
May 2023 376.3926528 342.1751389
June 2023 451.6711834 410.6101667
July 2023 542.0054201 492.7322
August 2023 596.2059621 542.0054201
September 2023 626.0162602 569.1056911
October 2023 596.2059621 542.0054201
November 2023 655.8265583 596.2059621
December 2023 734.5257453 667.7506775

BNB Price Prediction 2024

When Maximum Price Minimum Price
January 2024 864.1479356 785.5890324
February 2024 1080.184919 981.9862905
March 2024 1440.246559 1309.315054
April 2024 1309.315054 1190.286413
May 2024 1091.095878 991.9053439
June 2024 1309.315054 1190.286413
July 2024 1571.178065 1428.343695
August 2024 1728.295871 1571.178065
September 2024 1814.710665 1649.736968
October 2024 1728.295871 1571.178065
November 2024 1901.125458 1728.295871
December 2024 2129.260513 1935.691376

BNB Price Prediction 2025

When Maximum Price Minimum Price
January 2025 2505.012369 2277.283971
February 2025 3131.265461 2846.604964
March 2025 4175.020614 3795.473286
April 2025 3795.473286 3450.43026
May 2025 3162.894405 2875.35855
June 2025 3795.473286 3450.43026
July 2025 4554.567943 4140.516312
August 2025 5010.024737 4554.567943
September 2025 5260.525974 4782.29634
October 2025 5010.024737 4554.567943
November 2025 5511.027211 5010.024737
December 2025 6172.350476 5611.227706

BNB Price Prediction 2022 to 2030 (in USD)

Year WISE (in USD) Maximum Price Minimum Price
2022 692.4823848 225
2023 734.5257453 271.00271
2024 2129.260513 785.5890324
2025 6172.350476 2277.283971
2026 4114.900317 1518.189314
2027 12344.70095 4554.567943
2028 8513.586864 3141.08134
2029 10216.30424 3769.297608
2030 15479.24884 5711.056982

BNB Price Prediction (in INR): 2022 to 2030

Year WISE (in INR) Maximum Price Minimum Price
2022 19078.59079 17800
2023 58762.05962 21680.2168
2024 170340.8411 62847.12259
2025 493788.0381 182182.7177
2026 329192.0254 121455.1451
2027 987576.0762 364365.4354
2028 681086.9491 251286.5072
2029 817304.3389 301543.8086
2030 1238339.907 456884.5585

Forecast BNB Price Prediction in USD: 2022 to 2030

Maximum BNB price for 2022 is 692USD, where the lowest price predicted is 225USD.

Maximum price forecasted for 2025 is 6172USD, and min price forecasted is 2277USD

Max Price forecast of BNB for 2030 is 15479USD, while the minimum being 5711USD.

BNB Price Forecast in INR: 2022 to 2030

Maximum BNB price for 2022 is 19078 INR, where the lowest price predicted is 17800 INR.

Maximum price forecasted for 2025 is 493788 INR, and min price forecasted is 182182 INR

Max Price forecast of BNB for 2030 is 1238339 INR, while the minimum being 456884 INR.

BNB Price Prediction FAQs

Are investments in BNB wise?

One of the cryptocurrencies that expanded quickly is Binance Coin, therefore the coin has a lot of support from market aficionados. On top of that, it serves as the host coin for Binance, the biggest cryptocurrency exchange in the world.

Is BNB a wise investment in 2022?

BNB at this point, is almost close to ATH. No not in terms of USD, but in terms of SATs. So, you can definitely start a SIP in BNB, however investing a lumpsum amount on BNB coin may not be recommended at this point. However, if BNB goes down by 50% in terms of SATs, you can make an investment in BNB. Long term, BNB is a good coin to hold. BNB, according to us should be one of the 5 coins you hold in your long term portfolio.

By 2025, how much will BNB be worth?

BNB could benefit if the cryptocurrency industry keeps expanding. The psychological barrier of $2,000 will be overcome by Binance Coin for the first time in 2025. Analysts predict that BNB could range in between $2277 and 6172USD in 2025

What will be the value of BNB in 2030?

Crypto experts are prepared to offer their BNB cost prediction for 2030 after years of examination of the BNB price. At least $5711 will be the minimum price, and $15479 might be the highest peak. In short, BNB could cross 15000 USD by 2030, which means, almost a 50X gain from the current price.

Is BNB a Good Investment in 2022?

It will be interesting to watch if Binance maintains its position as the leading cryptocurrency exchange company over the next five years, according to price forecasts. FTX is giving Binance exchange a tough competition.

The IEO model and the most recent projects are mostly responsible for the treasured token’s ascent to prominence. Once the bull market is back, the trading volume will be increasing. Binance may come with new products. The trust that the exchange has built over the years, will help them onboard more number of users. And I think Binance and BNB, both have great futures. BNB is definitely a good investment to make in 2022.

For anyone wanting great returns from their cryptocurrency portfolio, BNB is a good coin to invest.

Disclosure: We hold BNB in our portfolio. But this does not make this any investment advise. The price forecasted in this article – BNB Price Prediction 2022 to 2030 is generated using AI and does not guarantee that BNB will follow what’s predicted. Please DYOR before investing.

Also do not forget to comment below your prediction for BNB by the end of 2025.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Bitcoin Blockchain Network Trust Machines Funded by $150M

    Bitcoin Blockchain Network Trust Machines Funded by $150M

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Muneeb Ali, co-founder of Bitcoin smart contract platform Stacks, announced that his Web3 blockchain scaling solution platform Trust Machines raised $150 million in funding. On February 3, Ali announced secured funding rounds for his latest Bitcoin-backed ecosystem, Trust Machines. The […]

    Read More

  • Hacker Returns 70% Of Stolen Funds From Transit Swap

    Hacker Returns 70% Of Stolen Funds From Transit Swap

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase After collaborating with many cryptoanalytical platforms, the Transit Swap team managed to recover about $16.2 million worth of crypto assets from the exploiter. TransitSwap is a decentralized exchange (Dex) that offers better liquidity and better returns for all chains in […]

    Read More

  • Did GameStop Just Dump $30M worth of IMX Tokens?

    Did GameStop Just Dump $30M worth of IMX Tokens?

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Controversial GameStop may see another round of community outrage after selling off $30 million worth of IMX tokens. After a major setback in its shares GameStop has shed light on a new NFT marketplaceand rejuvenated some fans in the crypto […]

    Read More