Binance Coin Price Analysis: Will Binance Coin (BNB) Cross $40 To Set A New Record High This Week?

  • Binance Chain’s new partnerships may positively impact Binance Coin
  • Binance Coin may gain more pace in the coming weeks to cross $50

Binance Chain has been partnering with global clients to increase the mass adoption of BNB currency and the step has been showing results in terms of the increasing popularity of the coin by leaps and bounds. The price of BNB is also growing rapidly and it may cross $50 by the end of the next month as indicated in the current market performance of this futuristic token now.

Binance Coin Price Statistics:

In the last one month, BNB token has shown an uptrend of over 12% rising from $35.14 to as high as $39.63. The current price of the coin is noted at $37.27 as on June 24, 2019, at 08:24:12 UTC and it is rising upwards. The last 30 days also had a share of highs and lows with the price of BNB coin dropping to $28.92 and then rising back to $36.36 before starting to fall again.

BNB Price Chart - 24 June
BNB Price Chart
  • The price of BNB is currently trading at $37.27 and 0.00345150 BTC
  • The market cap of the coin has reached $5,258,855,001
  • The 24 h volume of the coin is now $372,979,901
  • The circulating supply of the coin is 141,175,490 BNB
  • The ROI of the coin stands at >9000%

BNB has been growing at a faster rate and recorded a high of $38.34 yesterday and $39.57 in the last 7 days. The coin may soon cross $40 to set a new record high.

Binance Coin Price Prediction:

Binance Coin has been increasing exponentially and may cross $100 by the end of 2019. Two years down the line, the coin may cross $500 mark to trade between the range of $500 and $1000. The coin is a high performing asset currently and the next few months will decide the course of actions of BNB for the rest of the year.

Conclusion:

The coin is slowly growing and according to Binance Coin Price Forecast, BNB is a good investment for long-term gains in the future and the currency is highly secure and can be trusted with heavy investments.

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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