Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Records 3% Uptrend Since Yesterday Rising Up To $30

  • BNB has headed towards bullish path again and may cross $35 soon if it continues to move with the same momentum
  • BNB token’s engagement with target users may lead to mass adoption

Binance Coin has been to become the preferred crypto this year and has given huge benefits to the traders since the beginning of the year. The current market performance of the coin is also indicating rising trends ahead, and it may cross $35 in the next few weeks. The firm has been able to strike a chord with the decision-makers and target users through social media campaigns with fancy giveaways, and this is leading to mass adoption of BNB.

BNB Price Statistics:

In the last one day, BNB token has shown an uptrend of over 2% rise from $29.54 to its current value at $30.24 as of August 12, 2019, at 06:13:37 UTC. The coin has shown a bumpy trend in the last one day. BNB token started at $29.54 and then dipped as low as $29.24. The coin quickly picked up the pace and surged as high as $30.37 before dipping back to $30.13.

BNB Price Prediction
BNB Price Chart by TradingView
  • The current trading price of BNB token is noted to be $30.24 and 0.00264882 BTC
  • The market cap of the coin is now $4,703,488,252
  • The 24 h volume of the coin is $270,317,437
  • The circulating supply of the coin is 155,536,713 BNB
  • The ROI of the coin is noted to be >9000%

BNB may rise up to $32 in the next few days, and it may also cross $35 by the month-end if it continues to have the same momentum. The coin is already on the surging path, and it may cross newer price marks with its total potential.

BNB Price Prediction:

There has not been a single month yet since the beginning of the year that BNB has not shown rising trends, and this can result in the coin trading around $50 by the end of the year.

Conclusion:

This is a perfect time to invest in bulk in the BNB token as the coin may start surging very soon.

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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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