Binance Coin Price Analysis: Binance Coin (BNB) Gives Record-Breaking Week By Trading At $39.57

• Binance Coin does it again with a new record high of $39.57
• Binance Coin may reach $50 mark faster than anticipated

Binance Coin is a highly reliable cryptocurrency which has donned the superhero outfit striking almost every week now. The coin has raised the game to become the preferred crypto for long-term investments with assured returns. The market performance of the coin has been spectacular for the last four weeks, and it continues to perform better with each passing day. Additionally, its focus is on solving real-world problems by investing in futuristic projects, which are resulting in increased acceptance and mass adoption.

.@BinanceLabs backed @ElrondNetwork announced as next Launchpad project

“We continue to support infrastructure projects aimed at solving problems associated with blockchain technology scaling and its readiness for mass adoption.” – @cz_binance https://t.co/UKnLDBUxQQ

— Binance (@binance) June 22, 2019

BNB Coin Price Statistics:

As on June 22, 2019, at 09:52:21 UTC, the price of BNB has reached $39.24 and is moving upwards. In the last five days, BNB has shown an uptrend of over 13% rising from $34.57 to its current value. The coin kept moving within $34 till the mid of the week on June 20 but picked up pace after that and rose exponentially to cross $36 and then $39 setting new record highs.

• BNB price is now trading at $39.24 and 0.00364257 BTC
• The market cap of the coin is now $5,546,575,138
• The 24 h volume of the coin has reached $476,374,457
• The ROI of the coin stands at >9000%
• The circulating supply of the coin is now 141,175,490 BNB

The excellent performance of BNB is giving its competitors a run for their money, and it has grown immensely in the last few weeks. June has been a good month for the coin overall. BNB recorded a high of $39.57 today setting up a new record consecutively for three days now since Thursday.

Binance Coin Price Prediction:

Binance Coin may cross $50 by the end of next month if it continues to surge with the same momentum. The coin has grown from $33.19 to $39.57 in this month and has given record-breaking performances continuously. The coin may reach as high as $100 by the end of the year.

Conclusion:

Based on BNB Coin price prediction, this is an excellent time to invest in a coin like BNB, which has a lot of potentials and can pay huge dividends in the short-term as well as long-term future.