Binance Coin Price Analysis: Binance Coin (BNB) Engages New Users By Giving Away Hoodies

  • Binance Coin’s staking quiz is the perfect method to engage new users
  • Binance Coin may move up to $30 by the end of tomorrow

Binance Coin has been able to create a stir since the beginning of the year. The coin gave some record-breaking back to back performances in the month of June but then had a slow month right after. Currently, the performance of BNB shows recovering stats, and it may move up very soon to trade above $35. Additionally, the crypto is currently running a staking quiz on its platforms to attract new users on the network and giving away branded hoodies.

Binance Coin Price Statistics:

As on August 10, 2019, at 07:54:24 UTC, the price of BNB token is noted to be $29.23. BNB has recorded a downtrend of over 5% in the last one day dipping from $30.98 to its current value. It moved around $31 for some time yesterday before hitting as low as $29.58. It surged again for a brief time but then fell off again.

BNB Price Prediction
BNB Price Chart by TradingView
  • The current trading price of BNB token is noted to be $29.23 and 0.00249450 BTC
  • The market cap of the coin has reached $4,585,495,867
  • The 24 h volume of the coin is $208,921,470
  • The ROI of the coin stands at >9000%
  • The circulating supply of the coin has reached 155,536,713 BNB

BNB recorded the lowest value at $29.91 yesterday, and it is currently trading below it. The coin may move up soon to start trading at $30 again.

Binance Coin Price Prediction:

Binance Coin may get voted as the most consistent and all-time-profitable crypto of the year. The coin has been highly successful in maintaining a good momentum and although it may have slowed down a bit since quite some time but may pick up the pace to rise above $40 soon. BNB may trade above $50 by the end of the year.

Conclusion:

This is a good time to plan long-term investments in the BNB token, and it may result in very good gains.

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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