Binance Coin Price Analysis: Binance Coin Records 0.6% Overall Surge In Record-breaking Month

eToro
  • Binance Coin may cross $50 mark by the end of July
  • Binance Coin’s spectacular performance makes it currency of the month

Binance Coin has been surging rapidly and has already crossed 2 major milestones of trading above $30 and then above $35 in the last 2 months. The token is now headed towards another big milestone of $50 and the currency loyalists believe that it is not a farfetched dream. The coin may be able to cross this target in no time and the recent announcements by Binance Chain to increase mass adoption of BNB token through new listings, partnerships and supporting co-currencies may pull up the current market stats by leaps and bounds.

BNB Price Statistics:

In the last 30 days, BNB token has shown tremendous performance with 3 weeks of record-breaking trends. The coin started at the value of $33.95 and dropped as low as $28.62 before surging back steeply to its first record-breaking value of the month at $36.28. It soon followed a slow trend when the BNB (BNB to USD) dipped back again to trade at $30.21 but the exponential surge after that made it cross $39.57 which has till now been the all-time-high.

Binance Coin price chart - june 30

  • The BNB price is noted at $34.17 and 0.00289204 BTC
  • The market cap of the coin is now $4,880,783,024
  • The 24 h volume has been $382,900,893
  • The circulating supply of the coin is noted at 141,175,490 BNB
  • The ROI now stands at >9000%

BNB coin has recorded an uptrend of over 0.6% since the beginning of the month when it was trading at $33.95 but gave a lot of exciting surging trending almost throughout the month.

Binance Coin Price Prediction:

Binance Coin is unstoppable and only a few steps away from reaching $50 and remain afloat at that value. The coin should cross it within new few weeks and may trade between $100 and $500 by the end of the year. In the next few years, BNB may rise steeply to cross $1000 mark and head towards $5000.

Conclusion:

Long-term investment in Binance Coin is one of the best bets in the current situations and can yield good results as time progresses.

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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