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Binance (BNB) coin prediction: Is it still worth to buy 2021

The history of the BNB cryptocurrency began rather modestly in the summer of 2017. The entire volume of coins was mined even before the ICO: the initial price was $ 0.10 per coin. Even during the crypto winter of 2018 in the altcoin markets, the coin has demonstrated resilience in the face of turbulence. At the moment, this coin is of keen interest among bidders.

After the sharp rise in the Binance Coin rate, the demand for BNB forecasts has also increased sharply. During 2020, the cryptocurrency more than doubled its value, growing by 146% – from $ 15 to $ 37 by the end of the year. However, the real extravaganza happened in 2021 when the bull market began. Within nine weeks, the BNB rate soared 824% and peaked at $ 342.

Binance Coin: Forecast for 2021

First, you need to remember how the Binance Coin cryptocurrency came into being. The coin was launched by the eponymous crypto exchange as a pillar of the ecosystem. One of the most important advantages of the new coin is the ability to use it to reduce fees on the Binance exchange . In addition, BNB is part of the Binance blockchain, which competes with Ethereum by offering higher levels of scalability at the same time as lower transaction fees.

As you’d expect, one of the most ardent supporters of BNB and the network it supports is Changpeng Zhao, CEO of Binance. In a recent tweet, he stated:

Binance Smart Chain is not a replacement for the Ethereum network, but is trying to overtake it. Lower fees allow more transactions, allowing for a more inclusive DeFi ecosystem.

While Changpeng is not making a prediction for Binance Coin, his enthusiasm for BNB’s prospects is clear. He is actively reposting tweets that describe the advantages of altcoin over ETH , the second largest cryptocurrency in the world. The idea that the rising Binance Coin rate will help this currency to take the lead looks rather far-fetched, but altcoin supporters are confident that this digital asset has huge growth potential.

In a recent tweet, Changpeng emphasized that in 2017 people were not inclined to invest because the level of risk was too high, and in 2018 because the market crashed. In 2019 and 2020 there was an intrigue as to whether the Binance Coin rate would be able to gain momentum, but in 2021, statements began to appear that the moment had already been lost. As Changpeng states:

The $ 500 invested in BNB in ​​mid-2017 could make you a millionaire today.

If you look at the forecast for the Binance Coin cryptocurrency for 2021, analysts agree that the Binance Coin cryptocurrency is especially interesting to buy at the time of the fall. But do not forget that the market can be unpredictable, and what happened in the past will not necessarily repeat itself in the future.

BINANCE COIN (BNB) FORECAST FOR TODAY, TOMORROW, WEEK, MONTH, 2021 AND 2022

BNB is the currency from the Binance crypto exchange . It was created to keep the exchange running. Initially, most of the money from the sale of binance coins went to the development of the platform. The coin has long been firmly entrenched in the TOP 10 and is one of the most promising for investment. Below we will consider the forecast for the BNB rate for the near future and the long term.

BINANCE COIN PRICE PREDICTION FOR TODAY

June 7, 2021, Monday, the cost of 1 Binance Coin will be $ 394.67.

Trading Range : High Price: $ 395.38, Low Price: $ 393.96.

Change over the last 24 hours : + 0.08%.

To make money on cryptocurrency, buy coins at the lowest price and sell when the rate reaches its maximum.

BINANCE COIN PRICE PREDICTION FOR TOMORROW
Tomorrow, June 8, 2021, the Binance Coin price will be $ 394.41.

Trading Range: High Price: $ 397.47, Low Price: $ 391.35.

BINANCE COIN PRICE PREDICTION FOR THE WEEK AND MONTH

We suggest that you familiarize yourself with a detailed forecast of the value of Binance Coin against the US dollar for the week and month ahead.

FOR A WEEK
Course June 7, 2021 Monday : average price – $ 394.67, maximum – $ 395.38, minimum – $ 393.96.

Course June 8, 2021 Tuesday : the average price is $ 394.41, the maximum is $ 397.47, the minimum is $ 391.35.

Exchange rate June 9, 2021 Wednesday : the average price is $ 393.42, the maximum is $ 394.49, the minimum is $ 392.36.

Course June 10, 2021 Thursday : the average price is $ 392.77, the maximum is $ 396.41, the minimum is $ 389.13.

Exchange rate June 11, 2021 Friday : the average price is $ 390.89, the maximum is $ 392.22, the minimum is $ 389.55.

Exchange rate June 12, 2021 Saturday : average price – $ 393.10, maximum – $ 393.62, minimum – $ 392.57.

Exchange rate June 13, 2021 Sunday : average price – $ 394.04, maximum – $ 396.56, minimum – $ 391.52.

FOR 2 WEEK
Course June 14, 2021 Monday : average price – $ 393.67, maximum – $ 395.85, minimum – $ 391.48.

Course June 15, 2021 Tuesday : average price – $ 395.87, maximum – $ 397.72, minimum – $ 394.02.

Course June 16, 2021 Wednesday : average price – $ 395.77, maximum – $ 399.16, minimum – $ 392.39.

Course June 17, 2021 Thursday : average price – $ 395.71, maximum – $ 397.75, minimum – $ 393.67.

Course June 18, 2021 Friday : average price – $ 394.60, maximum – $ 396.38, minimum – $ 392.82.

Course June 19, 2021 Saturday : average price – $ 392.63, maximum – $ 392.63, minimum – $ 392.63.

Course June 20, 2021 Sunday : average price – $ 392.71, maximum – $ 392.83, minimum – $ 392.59.

3 WEEKS
Course June 21, 2021 Monday : average price – $ 390.24, maximum – $ 390.94, minimum – $ 389.53.

Course June 22, 2021 Tuesday : average price – $ 387.82, maximum – $ 388.87, minimum – $ 386.76.

Exchange rate June 23, 2021 Wednesday : the average price is $ 388.49, the maximum is $ 392.78, the minimum is $ 384.21.

Course June 24, 2021 Thursday : the average price is $ 387.02, the maximum is $ 388.22, the minimum is $ 385.81.

Rate June 25, 2021 Friday : average price – $ 386.63, maximum – $ 387.29, minimum – $ 385.97.

Exchange rate June 26, 2021 Saturday : average price – $ 387.04, maximum – $ 389.92, minimum – $ 384.16.

Course on June 27, 2021 Sunday : average price – $ 387.10, maximum – $ 387.89, minimum – $ 386.30.

4 WEEKS
Course June 28, 2021 Monday : average price – $ 388.95, maximum – $ 391.24, minimum – $ 386.67.

Course June 29, 2021 Tuesday : average price – $ 389.34, maximum – $ 391.91, minimum – $ 386.78.

Exchange rate June 30, 2021 Wednesday : average price – $ 388.14, maximum – $ 388.76, minimum – $ 387.51.

Course July 1, 2021 Thursday : the average price is $ 390.04, the maximum is $ 392.13, the minimum is $ 387.94.

Course July 2, 2021 Friday : average price – $ 389.88, maximum – $ 390.00, minimum – $ 389.76.

Course July 3, 2021 Saturday : average price – $ 393.47, maximum – $ 394.44, minimum – $ 392.49.

Course July 4, 2021 Sunday : average price – $ 389.67, maximum – $ 389.73, minimum – $ 389.61.

5 WEEKS
Course July 5, 2021 Monday : average price – $ 391.46, maximum – $ 391.78, minimum – $ 391.15.

Course July 6, 2021 Tuesday : average price – $ 391.62, maximum – $ 393.93, minimum – $ 389.31.

CT Forecast (Staff Writer)
CT Forecast (Staff Writer)https://citytelegraph.com/
I trade on Stocks (US) and Crypto. In my spare time I also share thoughts on price action & fundamentals, technical analysis with Citytelegraph Team. These thoughts are not any kind of financial advise, so please do you won research before investing.

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