Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Slows Down To Trade At The Week’s Lowest of $34

  • Binance Coin gears up to celebrate the 2nd anniversary with a bang
  • Binance Coin keeps expanding with new partners, bullish trends ahead

Binance Coin has been taking giant leaps now to bring new collaborations and establish the strong presence of BNB token in the market. The firm has recently announced the migration of global financial firm Paycent into Binance Chain, and this may increase mass adoption of the BNB token exponentially. Additionally, the coin has also major plans to celebrate its 2nd anniversary with a bang and create buzz around the rising trends of BNB token. The current market performance is only going to get better in the coming days.

Binance Coin Price Statistics:

As on June 27, 2019, at 08:03:35 UTC, the price of BNB token is noted at $34.51 and is rising upwards. The coin has given a downtrend of over 12% in the last 5 days dropping from its all-time-high value of $39.57 to its current price. It may bounce back soon in the coming days.

BNB Price Chart - 27 June
BNB Price Chart
  • BNB is currently trading at $34.51 and 0.00276741 BTC
  • The market cap of the coin is noted to be $4,863,614,310
  • The 24 h volume has been $414,887,663
  • The ROI of the coin stands at >9000%
  • The circulating supply of the coin has reached 141,175,490 BNB

BNB is currently trading at the lowest value of the last 5 days, but it may not drop further and stay above $35 by the end of the day. The next few days may record good growth.

Binance Coin Price Prediction:

Binance Coin may rise as high as $40 by the end of this week and cross $50 by the end of next month. The coin is moving steeply, and there is no upcoming full stop to these stormy trends now. The green signal to bullish trends has already been in place, and it is only a matter of time that BNB takes its next stride to aim for a trading price between $100 to $300 by the end of 2019.

Conclusion:

BNB holders have a strong future, and much better gains as the currency have given them in the last few months. The future is secure and growth-driven.

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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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