Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Kicks Off The New Month With A Steady Trend

  • Binance Coin may cross $40 value soon
  • Binance keeps promoting blockchain and holds global sessions to create awareness

Binance Coin has traveled a long distance to be at the position it enjoys currently, and the coin has given record-breaking performances in the last 2 months. As also anticipated by the traders and investors, the surge is going to get better in this month, and BNB token may cross $40 mark in the first 2 weeks heading towards bigger milestones. The current market performance also indicates the same and provides a steady outlook.

Binance Coin Price Statistics:

In the last 3 months, BNB token value has increased from $20.10 to its current value of $33.29 as noted on July 1, 2019, at 10:00:45 UTC. This shows an upward surge of over 65% and the coin continues to accelerate higher with each passing week. The movement of the coin was mostly upwards with only a few dips here and there, and it was also speedy at the same time for the coin jumped from $20 to $25, dipped a little to $17 but only to rise back again with full force and cross $35 target towards May end.

BNB Price Chart - 1 July
BNB Price Chart
  • The price of BNB token is noted at $33.29 and 0.00306757 BTC
  • The market cap of the coin is now $4,784,101,430
  • The 24 h volume has now reached $286,504,852
  • The ROI of the coin stands at >9000%
  • The circulating supply of the coin has been 141,175,490 BNB

BNB recorded its all-time high value at $39.57 in June 2019, and yesterday the highest recorded value of the coin was $35.

Binance Coin Price Prediction:

The situation is under control for BNB, and it may soon start propelling towards bullish trends by crossing $40 mark. By the end of the year, the coin may roam in between $100 and $300. Investing in BNB in bulk is a lucrative deal that should not be ignored now.

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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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