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Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Decides To Show Up With A Bang

  • BNB holders behold as the coin value rises again venturing into a time for bulk investments
  • Binance Coin is topping its game with steep growth for long term

It’s time to say goodbye to the crawling days as Binance Coin opens the day on a high note and as anticipated it may remain here for a longer duration this time. With the firm’s plans to launch its blockchain to support BNB token, the prices can only move upwards and onwards. The current market statistics have a lot of positivity and insist on making plans involving substantial investments on this coin.

Binance Coin Price Statistics:

As on June 12, 2019, at 05:53:06 UTC, the price of BNB coin is noted at $33.65 and shows an exponential rise in the past 24 hours after continuously trading low for 5 days.

Binance Coin Price Chart - 12 June

  • The market cap of the coin is noted at $4,696,082,548
  • The price is now trading at $33.65 and 0.00418489 BTC
  • The 24 h volume of the coin has reached $468,967,344
  • The ROI of the coin stands at >9000%
  • The current circulating supply is noted at 141,175,490 BNB

BNB has shown an uptrend of over 6% in the last 5 days with the price moving between $31 and $33. The coin value dipped as low as $29.8 before it picked up the pace.

Binance Coin Price Prediction:

It is not very difficult for BNB, seeing the current price trend, to once again cross its all-time high benchmark of $35 and set a new one. There has been a good move, and if this continues, the coin may record a new high by the end of June by trading at $36 and by the end of the year it may reach over $50. BNB has immense potential & the key to unfolding into a brighter and bigger future; hence, the price of the coin can cross new benchmarks in the coming years.

Conclusion:

This is indeed an excellent time to invest in BNB for long term dividends in massive amounts.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.
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