Binance Coin was issued by Binance exchange in order to represent the official token of the exchange platform that allows Binance users to pay for their trading fees in form of BNB tokens that way able to acquire discounts while trading with cryptocurrencies.
That is how the demand for Binance Coin mostly depends on how often Binance users are purchasing the token in order to acquire lower fees when trading with assets on Binance exchange.
Binance Coin (BNB) Price Today – BNB / USD
Price 24H (%) 10.92%
Despite the fact that Binance is one of the top leading exchange markets, Binance Coin wasn’t immune to the prolonged dip that came with November.
That is how from entering the month at the value of 9.70$, BNB ended up at the price of around 5$ even with the recent gains.
Will BNB be able to take a rebound or will it keep trading at lows?
Binance Coin (BNB) Price Prediction for 2018
Binance Coin is at present valued at the price of 5$ per one unit to where it came by a -33% of a dip in the course of the last two weeks.
That is how BNB dropped from the initial price of nearly 10$ to its current value of 5$ in only several weeks, marking major losses with the rest of the market.
However, BNB is showing a positive return on its YTD chart, going up by nearly 150% in the course of the next year.
The demand for BNB tokens on the Binance platform is surely keeping the value of BNB at a reasonable price even with the previous dips, so Binance Coin may have a chance to end the year at the price of 9$ or 11$ as its top price for December.
Binance Coin (BNB) Price Prediction for 2019
If the market doesn’t continue with the downward trends in 2019, BNB could thrive once again.
The previous all0-time high that the BNB token had acquired back in January was 24$, however, Binance Coin might still not be able to get back to its all-time high.
Instead, it is presumed that BNB may enter 2019 at the value of 9$ having a huge possibility that the token will recover to the value of 19$ in the best case scenario.
Binance Coin (BNB) Price Prediction for 2020
The year 2020 is considered to be more benevolent for cryptocurrency market in oppose to how 2018 turned out to be, so it is predicted that this would be the year when Binance gets close to its record price.
Optimistic predictions indicate that the currency could even reach the top price of 38$ as the new record price of BNB in case the currency revisits its record price of 24$ from January 2018.
Binance Coin (BNB) Price Prediction for 2025
Many analysts are forecasting that Binance Coin, in case the record price is revisited and the new all-time is set in the course of the next 6 years, would be able to go past the value of 48$ with around 500% of gains in the course of a single year.
This way, BNB is said to be able to touch 50$ with the increased interest in trading cryptocurrencies on Binance.