Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Records A New All Time High Of $36.99

eToro
  • BNB holders celebrate as the currency crosses $36 value and sets a new record high
  • Binance Coin becomes the only currency with a consistent growth performance

Binance Coin has once again taken its traders and investors on an upward ride by rising above its last week’s all-time high value of $36 and trading at $36.99 this week. The coin has been performing strongly since May when it reached $35 and setting new records every week. The current market performance of BNB coin is something to seek out for bigger returns in the future.

Binance Coin Price Statistics:

As on June 21, 2019, at 05:22:55 UTC, BNB token is trading at $36.64 and is moving upwards. In the last 5 days, the coin has grown as high as $36.99 and has shown an uptrend of over 9% rising from $33.50 to its current value. The value also dipped as low as $31.97 but the steep surge since yesterday has made everything else irrelevant.

eToro Crypto
Binance Coin Price Chart - 21 June
BNB to USD Price Chart
  • The price of the coin is noted at $36.64 and 0.00373990 BTC
  • The market cap of the coin has reached $5,135,845,739
  • The 24 h volume is now $607,542,134
  • The circulating supply of the coin is 141,175,490 BNB
  • The ROI now stands at >9000%

The BNB price closed yesterday’s trading at $36.73 and opened on a high note today as well. Binance Coin has become unstoppable now with the price of the coin not falling below $30 in the last 7 days. It has come a long way from its initial value of $5 and recorded almost 7X growth in the last 6 months.

Binance Coin Price Prediction:

Binance Coin is surging steeply and steadily and may cross $40 by the end of the next month. In the next few months or by the end of 2019, BNB may trade between $50 and $100. Two years down the line BNB may be priced at $500.

Conclusion:

This is indeed a good time for long-term investment in a coin which can give huge returns even on a smaller investment.

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.

Related Articles

Back to top button