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Price Analysis

Binance Coin Price Analysis: Binance Coin (BNB) Takes Off To New Heights

  • Binance Coin sets new records every month
  • Binance Coin’s spectacular performance brings joy to the investors

Binance Coin (BNB) has been giving a phenomenal performance since the onset of 2019 with over 7X growth in the last 5 months from trading at $5 to moving up to achieve the $35 milestone. It seems the momentum is going to continue, and as Bitcoin shows surge, BNB will also follow to reach new landmarks. The current market performance of BNB is something you cannot take your eyes off from.

Binance Coin Price Statistics:

As on June 13, 2019, at 06:15:03 UTC, BNB token is trading at $35.71 and moving upwards. The highest recorded price in the last 7 days was $35.50, and BNB seems to have crossed this target to give the traders another reason to invest in BNB.

Binance Coin Price Chart - 13 June

  • Binance Coin is currently trading at $35.71 and 0.00437528 BTC
  • The market cap of the coin has reached $50,011,948,039
  • The 24 h volume is noted at $523,229,999
  • The circulating supply stands at 141,175,490 BNB
  • The ROI of the coin is now >9000%

BNB has shown an uptrend of over 14% in the last 5 days which was a 3 step jump; one when the coin value dropped as low as $29.7 from $31.2 on 9th June showing a regression of 4.8%, the second jump was from $29.7 to $33.8 which was exhibited yesterday showing a boom of 13.8%, while the final one was from $33.8 to the current trading price i.e. $35.7 which shows an increase of 5.6%. The opening price yesterday was $32 while the closing shot up to $34 and today it has started with the Bull Run which is very well evident from the above price hikes. The future looks good.

Binance Coin Price Prediction:

With the current pace of BNB, it won’t be wrong to say that the coin can surge as high as $50 by the end of 2019 showing almost 4X growth in its current price. BNB has great potential and the key to unfold into a brighter and bigger future for investors; hence, the price of the coin can cross new benchmarks in the coming years.

Conclusion:

This is the right time to invest in BNB in bulk and look for long term value creation.

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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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