Price Analysis

Binance Coin Price Analysis: Binance Coin May Pick Up Pace Post-June 12

  • Binance Coin’s latest alliances may result in skyrocketing BNB prices
  • Binance Coin maintains a consistent pattern with no major gains or losses

It has been a good year for Binance Coin traders and investors as the BNB coin has performed at par with the expectations. The recent alliances including ones with CoinFlip and CipherTrace further put a strong prediction on the future of this token in the world of cryptocurrencies, and it seems the coin is only going to move up higher in the next few months as well. The current market performance looks decent and progressive.

Binance Coin Price Statistics:

In the last five days, BNB coin recorded a high of $32 and followed a similar pattern throughout the week by rising from $29 to $32 and again falling back to $29 just to surge up once more. As on June 11, 2019, at 06:12:56 UTC, the coin is trading at $31 and moving upwards.

Binance Coin Price Chart -11 June

  • Currently, BNB coin is trading at $31.73 and 0.00398177 BTC
  • The 24 h volume is now $470,729,247
  • The market cap of the coin has reached $4,481,380,562
  • The ROI of the coin stands at >9000%
  • The circulating supply has reached 141,175,490 BNB

There has been an uptrend of over 6% in the last 5 days, and BNB is expected to surge higher in the next couple of days.

Binance Coin Price Prediction:

Binance Coin is on a mission of breaking all records in this year, and after achieving the all-time high value, it has not yet settled down and continuously depicting a rising trend which may soon convert into a bullish run. The price of BNB as according to the current pace may cross the $50 mark by the end of 2019, and it can rise to $100 in the next 2 years.

Conclusion:

Binance Coin is here for long innings, and a rightly timed investment can pay huge dividends in the future.

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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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