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Reading: Will BNB Hit $1000 in 2024?
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EdaFace Newsfeed > Latest News > Cryptocurrency Price Prediction > Will BNB Hit $1000 in 2024?
Cryptocurrency Price Prediction

Will BNB Hit $1000 in 2024?

vitalclick
Last updated: October 3, 2024 8:55 am
4 months ago
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Contents
Story HighlightsOverview*The statistics are from press time.Binance Coin (BNB) Price Prediction October 2024Binance (BNB) Price Prediction For 2024BNB Coin Price Projection 2025BNB Crypto Price Prediction 2026-2030Binance Coin Price Forecast 2026BNB Coin Price Prediction 2027Binance Price Projection 2028BNB Crypto Price Prediction For 2029Binance Coin Price Prediction For 2030Binance Coin (BNB) Price Prediction 2024-2030:What Does The Market Say?CoinPedia’s Binance (BNB) Coin Price PredictionFinal Thoughts Historical Price PerformanceEnter Email to view ResultWill BNB Price See Major Crash With Legal Troubles Hovering Over Binance Exchange?FAQsBNBBINANCE

Story Highlights

  • The Current price of Binance Coin is  $ 540.87377182
  • By the end of 2024, the BNB price prediction anticipates a potential high of $1041.
  • By 2030, the Binance Coin price prediction estimates a high of $2,081.

Amid the volatile crypto market, as Bitcoin drops to $61K, the Binance Coin (BNB) Price Predictions anticipate a minor crash leading to recovery. However, the growing threat of a third world war could drop the crypto market trading volumes, affecting Binance.

Hence, the underlying uncertainties with the global tensions raise questions like, “Is Binance safe or not?” or “Will Binance go higher in 2024?”

To answer these questions and provide a clear view of the BNB price action, we present our Binance Price Prediction for 2024-2030.

Overview

Cryptocurrency BNB
Token BNB
Price  $ 540.87377182 -2.88%
Market cap  $ 78,931,126,462.8650
Circulating Supply  145,932,619.7256
Trading Volume   $ 1,784,081,240.1939
All-time high [all_time_high sym=”BNB”]
All-time low  $ N/A
24 High Coming soon
24 Low Coming Soon
*The statistics are from press time.

Binance Coin (BNB) Price Prediction October 2024

With a V-shaped reversal surpassing the 50% Fibonacci level at $587, the bull run in the BNB coin price exceeds $600. However, the short-lived bullish recovery takes a double top reversal with a neckline at $587.  

BNB Coin Oct Price Targets

Despite the long-anticipated October bull run, the start of the month leads to almost a 10% drop. The downfall breaks the 100-day and 50-day EMA, with the 200-day EMA, which is near $522 support, becoming a critical reversal spot. Amid such conditions, a bullish continuation can reach the $711 mark with an optimistic target of $740. On the flip side, a reversal from $600 will test the 50D EMA at the $550 mark.

Month Potential Low Potential Average Potential High
October $587 $649 $711

Binance (BNB) Price Prediction For 2024

With a year-to-date growth of 86%, the bullishness in price of BNB has recovered remarkably and is currently trading at $582. Despite the run, the BNB price is at a 19.68% discount from its 52-week high of $724.

BSC TVL

The Total Value Locked (TVL) of Binance Smart Chain (BSC) has decreased significantly from its all-time high of $44.09 billion to $ 8.009 billion, according to DefiLlama. However, BSC is still the third largest player in the DeFi industry, with a daily volume of $734 million.

In 2024, the price of a BNB coin can reach a high of $1041. However, in an economic slowdown, the BNB crypto might form a low at $480, with an average price of $710.

Year Potential Low Potential Average Potential High
2024 $480 $710 $1041

BNB Coin Price Projection 2025

With the growing list of services in the Binance ecosystem, $BNB is expected to prolong the prevailing uptrend. Investors can anticipate the BNB coin price reaching a new All-Time High of $1,092. On the flip side, the BNB crypto may experience a low of $761, with an average price of $926.

Year Potential Low Average Price Potential High
2025 $761 $926 $1,092

Curious if Bitcoin will hit $100K as the crypto bull run begins? Find out more about Coinpedia’s Bitcoin price prediction.

BNB Crypto Price Prediction 2026-2030

Year High Price Average Price Low Price
2026 $1,521 $1,316 $1,111
2027 $1,750 $1,521 $1,292
2028 $1,395 $1,328 $1,261
2029 $2,355 $2,174 $1,993
2030 $2,081 $1,950 $1,819

Binance Coin Price Forecast 2026

By late 2026, BNB’s price could climb to a high of $1,521. However, the price might dip to $1,111, with an average value of $1,316 throughout the year.

BNB Coin Price Prediction 2027

In 2027, BNB’s price is anticipated to hit a peak of $1,750. On the downside, the price could fall to $1,292, with an average of $1,521.

Binance Price Projection 2028

By the close of 2028, BNB’s price may reach a high of $1,395. If market conditions worsen, it could drop to $1,261, with an average price of $1,328.

BNB Crypto Price Prediction For 2029

In 2029, BNB could continue its upward momentum, potentially reaching $2,355. However, it may see a low of $1,993, with an average price of $2,174.

Binance Coin Price Prediction For 2030

As 2030 begins, BNB could hit a new high of $2,081. Conversely, it may bottom out at $1,819, with an average price of $1,950.

Binance Coin (BNB) Price Prediction 2024-2030:

bnb price 2024-2030

What Does The Market Say?

BNB Price Prediction 2024 2025
DigitalCoinPrice 636.32 898.71
CoinCodex 1,053.92  994.64
Gov Capital 872 1217

CoinPedia’s Binance (BNB) Coin Price Prediction

Despite the growing troubles of workforce reduction, regulatory scrutiny, and frequent executive departures, the Binance ecosystem is expanding. With its research in product innovations and new token listings, Binance Exchange has the highest trading volume. 

As per CoinPedia’s Binance (BNB) coin price prediction, the price of $BNB crypto will increase to $1041 by the end of 2024.

Year Potential Low Potential Average Potential High
2024 $480 $710 $1041

Is BNB a Profitable Investment?

Yes, BNB is a profitable investment for the long term. Several initiatives, such as the auto-burn mechanism, contribute to reducing its supply and potentially increasing its value over time.

Final Thoughts 

Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach $1041 by 2024.

Historical Price Performance

BNB Price History

With a bullish recovery at play, Binance has successfully recovered from the 2022 bear run and the 2023 consolidation range. As the lower price rejection increases in the monthly candles, the chances of Binance coin surpassing the $1000 mark skyrocket.

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Will BNB Price See Major Crash With Legal Troubles Hovering Over Binance Exchange?

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

FAQs

What was the initial price of Binance Coin (BNB)?

The initial price of Binance Coin (BNB) at the time of the ICO was $0.15.

What is the all-time low (ATL) price of Binance Coin (BNB)?

The all-time low price of Binance Coin was $0.09611 on August 01, 2017.

What could be the maximum trading price of Binance Coin by the end of 2025?

As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $1,092 by the end of 2025.

How high could the BNB price reach by the end of 2030?

The price of the digital asset could reach a potential high of $2081 by the end of 2030.

What is the all-time high (ATH) price of Binance Coin (BNB)?

The all-time high price of Binance Coin was $724.7 on June 06, 2024.

What is the year-to-date (YTD) performance of Binance Coin (BNB)?

Binance Coin has a year-to-date (YTD) growth of 62%.

Is BNB a profitable investment?

Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruits.

BNB
BINANCE

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