Price Analysis

Binance Coin Price Analysis: BNB May End the Week on a High Note

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  • Binance Coin regains momentum as it heads for growth
  • BNB Coin may rally again in the coming week

Binance Coin has been keeping up with the expectations, and although the coin value slid down a bit in the last 2 days, it is again headed upwards. The investors seek BNB coin to cross $35 once again, and it may happen in the coming week given there is no time for rest for BNB now. The collaborations made by the coin in the past and its ongoing growth have combined effect on the current market performance, which grows better which each passing day.

Binance Coin Price Statistics:

Binance Coin has been on a tremendous upward surge since the beginning of May and the coin crossed major milestones as shown in the graph below noted on June 6, 2019, at 07:06:03 UTC to reach its all-time high value of $35. There has been an upward surge of over 75% since May 10 when BNB coin was trading at $18.24.

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BNB/USD 1 Month Price Chart – TradingView

BNB/USD 1 Month Price Chart - 6 June

  • The price of BNB coin is now recorded at $32.01 and 0.00403665 BTC
  • The market cap of the coin has reached $4,464,578,805
  • The 24hr volume is now noted at $463,342,606
  • The ROI of the coin stands at >9000%
  • The circulating supply of the coin is 141,175,490 BNB

After slowing down a bit in the last 2 days, the coin is regaining momentum to move up, and as anticipated it may cross the $35 mark once again.

Binance Coin Price Prediction:

The first half of the year saw Binance Coin setting a new record high and the second half can only grow better. The price of the BNB coin may cross the $50 mark by the end of 2019.

BNB Conclusion:

If somebody is looking for an investment which is long term, secure and assures huge returns, Binance Coin is just the right choice to make.

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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