BNB Price Prediction 2023, 2024, 2025 to 2030: Can BNB reach 1000USD?
BNB is a native token of Binance crypto exchange, and was launched in 2017. In this article, we are going to discuss what is BNB, and if BNB is a good investment to make in 2023? We will also talk about BNB price prediction for 2023 to 2030. So let’s begin.
Binance has given great returns since it started trading since its ICO. Binance as a platform has grown to be the best crypto exchange one can trust, despite many lending platforms and exchanges shutting down recently. Specially last year, Binance saw a NON-STOP growth from 20-30 USD to reaching above 600 USD in less than 6 months time. However, in the current bear market, and with constant BNB FUD, the price fell below 300USD, but now seems to have recovered, and is now trading around 334USD (on February 5th 2023).
What is BNB coin?
BNB is a utility coin of Binance crypto exchange as well as Binance smart chain. It may be used for trading and making commission payments on the Binance cryptocurrency exchange. As said, it fuels the Binance Chain, a network of smart contracts established by Binance and home to a number of initiatives. For every trade you make on Binance, if you pay the fee with BNB coin, you get a discount on your trading fee.
The value of BNB skyrocketed as Binance and its blockchain network gained more notoriety. By the end of the year, investors who purchased at the beginning of 2021 had earned profits of more than 1,200%.
With the help of primarily Chinese investors, the team was successful in raising 15 million USD. Since other ventures gathered more money without having a functioning company or product, this figure is not particularly outstanding.
Binance Coin: BNB Details
|Release Date||July 2017|
What distinguishes BNB from other Crypto Exchange tokens?
The fact that Binance and Binance US exchanges recognize BNB as their official cryptocurrency sets it unique. It is also the default token for Binance Smart Chain.
It has played a crucial part in the development of the BNB Smart Chain.
On Binance Smart Chain, developers can create non-fungible tokens, make blockchain games, and produce decentralized apps, among other things and all of these uses BNB as a token to pay for the gas fee
Did you know the growth of ETH ecosystem created a lot of demand for BNB? Let me explain.
The biggest and the most decentralised smart contract blockchain of all time, Ethereum, was experiencing severe network congestion back in 2021. Transactions were delayed as a result of the congestion, and gas costs increased. For a simple SWAP, users had to pay 200 to 300USD in gas fee. Users had to move from ETH network to some other network to reduce their gas fee, and one fine day CZ, founder of Binance announced the launch of Binance Smart chain.
Transactions on the BNB Smart Chain process swiftly and with low gas costs. While Ethereum has continued to be widely used, many developers and consumers shifted to other platforms in order to reduce fees. Due to the necessity to expand upon and utilize BNB Smart Chain, this raised demand for BNB.
The adoption of technology of Binance Coin
The main reason Binance is so well-known is the fact that it conducts 1 billion trades every day, round-the-clock. There are many more reasons as well. So there is no issue with liquidity on Binance for most of the coins listed, specially the top ones.
For all this volume of trade, BNB is burnt in an orderly, phase-by-phase manner to bring stability while preventing abrupt market movements.
BNB’s initial coin offering of 100 million coins, which was launched in July 2017 and was a rousing success, raised $15 million as the company soared to its full potential. With a substantial portion going toward marketing initiatives, the monies obtained were used to strengthen the ecosystem even further. The benefit of inter-tradability for other virtual currencies is another characteristic that distinguishes BNB and makes it a target for widespread adoption. BNB can be used to pay Binance’s 0.1% per trade cost in contrast to the assessed withdrawal charge when cryptocurrency owners transfer their funds out of an exchange and into a personal wallet.
The Binance model is made in such a way that it does not enable smart contracts and instead makes use of the Tendermint byzantine-fault-tolerant consensus mechanism. The ability to utilize Binance Coins in other particular ICO investments through Binance’s Launchpad program is another key advantage of the cryptocurrency. Other virtual coins can be traded within the flawlessly opportunistic framework that Binance has created. The Binance platform, and digital currency all support a wide range of credit and debit cards.
Okay, we have learnt a lot about Binance, BNB and their history. Now, let us have a look at the price history of BNB since 2017.
BNB Price History 2017
BNB was introduced through an ICO that spanned from June 26 to July 3, 2017, by the Binance development team, which includes its founder Changpeng Zhao. 200 million BNB tokens, worth around $0.15 a piece, were the initial available supply. Out of that sum, 100 million dollars were sold at a public auction, 20 million dollars were given to angel investors, and 80 million dollars went to the founding team. The coin once launched traded below its ICO price for quite sometime @ 0.11 USD. From there, in next 3 months, BNB touched more than 10USD.
BNB Price History 2018
BNB started to trade in 2018 from 8.11 USD and from there, it reached $22.32 on January 12, 2018. And then came the bear market.
The coin’s value then dropped by 50%, remained stable until the third quarter, then started to decline once more falling below 5 USD and closing the year just above 6USD.
BNB Price History 2019
For BNB, 2019 was a year of incredible success. Despite a slight slowdown in the coin’s performance throughout the second part of the prior year, the IEO it introduced gave it a big boost, and it ended the year 2019 with gains of more than 150%. On June 12, 2019, the coin reached a new all-time high, or ATH, of $34.69 in 2019. To finish the year at $13.95, it dropped once more.
BNB Price History 2020
Pandemic, a problem that initially surfaced at the start of last year and lingered for a substantial amount of time, is the only factor contributing to the value of Binance Coin continuing to fall. 2020 saw a gradual increase in the price of the Binance coin, which eventually reached the $40 price point.
BNB Price History 2021
After that, beginning in 2021, Binance Coin experienced a rapid rise and climbed to a new record high of $690. But despite experiencing a small drop after reaching an ATH, the BNB currency kept moving in a bullish direction.
BNB Price History 2022
As the markets dropped in April, it continued its downward pattern that had begun the year. On June 19, the cost decreased to $214.92. For some while it was constant. BNB was trading at 246.33USD, on 31st of December 2022.
BNB Price Today
How to buy BNB?
Now that you have understood about BNB, its relation with Binance, BNB’s price history and the factors that led to the growth of BNB coin, let us discuss how you can buy BNB in India as well as international.
Where to buy BNB with BTC, USDT on international crypto exchanges?
|Buy BNB||Register here|
|Binance||Sign up here|
|Huobi||Sign up here|
|OKEx||Sign up here|
|KuCoin||Sign up here|
|Coinbase||Sign up here|
Which are the Indian crypto exchanges where I can buy BNB?
You can buy BNB from almost all Indian crypto exchanges against INR.
|Buy BNB||Register here|
|WazirX||Sign up here|
|CoinDCX||Sign up here|
|Coinswitch Kuber||Sign up here|
|Binance||Sign up here|
BNB Price Prediction for Today and Tomorrow
BNB is trading almost near ATH, in terms of BNB-BTC chart. BNB Price Forecast suggests BNB could trade in GREEN for today and tomorrow, in terms of USD.
BNB Price Prediction 2023
|When||Maximum Price||Minimum Price|
|February 2023||$ 349.90||$ 192.23|
|March 2023||$ 340.43||$ 294.17|
|April 2023||$ 266.17||$ 158.59|
|May 2023||$ 171.81||$ 132.16|
|June 2023||$ 206.17||$ 158.59|
|July 2023||$ 247.40||$ 190.31|
|August 2023||$ 272.14||$ 209.34|
|September 2023||$ 285.75||$ 219.81|
|October 2023||$ 272.14||$ 209.34|
|November 2023||$ 299.36||$ 230.27|
|December 2023||$ 335.28||$ 257.91|
What is the BNB Price Prediction for February 2023?
Maximum and minimum BNB Price prediction for February 2023 is $349.90 and $192.23.
What is the BNB Price Prediction for March 2023?
Maximum and minimum BNB Price prediction for March 2023 is $340.43 and $294.17.
What is the BNB Price Prediction for April 2023?
BNB is expected to trade in between $266.17 and $158.59 in April 2023.
What is the BNB coin Price Prediction for May 2023?
BNB could be trading in between $171.81 and $132.16 in May 2023.
What is the BNB coin Price Prediction for June 2023?
In June 2023, BNB could trade in between $206.16 and $158.59.
What is the Binance coin Price Prediction for July 2023?
July 2023 is expected to be a good month for BNB holders. BNB could be trading in between $247.40 and $190.31, up more than 20% in this month.
What is the BNB Price Prediction for August 2023?
August 2023 could be another profitable month for BNB holders. BNB could be trading in between $272.14 and $209.34, up more than 10% in this month.
What is the September BNB Price Prediction 2023?
Maximum and minimum BNB Price prediction for September 2023 is $285.75 and $219.
What is the October BNB Price Prediction 2023?
BNB could be trading in between $272.14 and $209.34 in October 2023.
What is the BNB Price Prediction of November 2023?
BNB is expected to trade in between $299.36 and $230 in November 2023.
What is the BNB Price Prediction of December 2023?
Maximum and minimum BNB Price prediction for December 2023 is $335.28 and $257.91.
BNB Price Prediction 2024
|When||Maximum Price||Minimum Price|
|January 2024||$ 352.92||$ 271.48|
|February 2024||$ 396.54||$ 330.45|
|March 2024||$ 528.73||$ 429.86|
|April 2024||$ 480.66||$ 369.74|
|May 2024||$ 400.55||$ 308.11|
|June 2024||$ 480.66||$ 369.74|
|July 2024||$ 576.79||$ 447.12|
|August 2024||$ 634.47||$ 503.55|
|September 2024||$ 666.19||$ 512.46|
|October 2024||$ 783.76||$ 602.89|
|November 2024||$ 932.67||$ 717.44|
|December 2024||$ 1,119.21||$ 860.93|
According to our BNB Price Prediction, Binance Coin (BNB) is expected to have a bullish price performance in 2024, with a minimum price prediction ranging from $271.48 to $860.93. The maximum price prediction for BNB ranges from $352.92 to $1,119.21 in December 2024.
This represents a significant growth potential for Binance Coin in the coming year, making it a good coin to buy in 2024 for long-term investments. The crypto market is known to be volatile, but Binance Coin has demonstrated stability and a strong track record as an exchange coin.
Binance, being one of the best crypto exchanges, has also shown great potential after the fallout of FTX, making Binance Coin an attractive investment option.
However, these price predictions should be taken with a grain of salt and should not be the sole basis for investment decisions. Technical analysis, onchain analysis, and research should be conducted before making any investment decisions.
BNB Price Prediction 2025
|When||Maximum Price||Minimum Price|
|January 2025||$ 1,253.51||$ 964.24|
|February 2025||$ 1,440.82||$ 1,108.32|
|March 2025||$ 1,512.86||$ 1,163.74|
|April 2025||$ 1,350.77||$ 1,039.05|
|May 2025||$ 1,589.14||$ 1,222.41|
|June 2025||$ 1,906.96||$ 1,466.89|
|July 2025||$ 1,816.15||$ 1,397.04|
|August 2025||$ 2,111.81||$ 1,624.47|
|September 2025||$ 2,534.17||$ 1,949.36|
|October 2025||$ 3,167.71||$ 2,436.70|
|November 2025||$ 3,706.22||$ 2,850.94|
|December 2025||$ 4,447.47||$ 3,421.13|
BNB price forecast 2025 suggests it could reach maximum price of 4417USD in December 2025, and the minimum price of 964USD in January 2025.
As per our price prediction, price of BNB is expected to reach a maximum of $4,447.47 and a minimum of $964.24 in December 2025 and January 2025, respectively.
BNB is expected to fluctuate throughout the year, with a significant increase in the third quarter, reaching a maximum of $3,706.22 in November 2025.
BNB Price Prediction 2026 to 2030 (in USD)
|BNB Price Prediction||Maximum Price||Minimum Price|
|2026||$ 3,113.23||$ 2,179.26|
|2027||$ 2,646.24||$ 1,852.37|
|2028||$ 4,763.24||$ 3,334.27|
|2029||$ 9,784.43||$ 6,849.10|
|2030||$ 10,896.30||$ 7,627.41|
Within 2026 to 2030, BNB is expected to reach a maximum of $10,896.30 and a minimum of $2,179.26.
The price of BNB is predicted to experience significant growth, particularly in 2028 and 2029 with a maximum of $9,784.43 and $10,896.30, respectively.
However, in 2027, the price of BNB is predicted to decrease to a minimum of $1,852.37.
BNB Price Prediction (in INR): 2023 to 2030
|Year||Maximum Price||Minimum Price|
According to the BNB Price prediction in INR, the price of BNB is expected to reach a maximum of ₹871,703.62 and a minimum of ₹10,572.69 in 2030 and 2023, respectively.
BNB is expected to experience significant growth, with the maximum price increasing by over 3200% from 2023 to 2030.
In 2029, the price of BNB is predicted to reach ₹782,754.27, which is a growth of over 7 times from its minimum price in 2023.
When looking at these predictions, one can easily see Binance can reach 1,00,000 INR by 2025, and 5,00,000 INR by 2029.
However, do not consider this price prediction as final future price. Kindly DYOR before investing in BNB coin.
Forecast BNB Price Prediction in USD: 2023 to 2030
Maximum BNB price for 2023 is 349USD, where the lowest price predicted is 232USD.
Maximum BNB price prediction for 2025 is 4,447.47 USD, and min price forecasted is 964USD
Max BNB Price prediction for 2030 is 10,896.30USD, while the minimum being 7627USD.
BNB Price Forecast in INR: 2023 to 2030
Maximum BNB price for 2023 is 26,822.23 INR, where the lowest price predicted is 10,572.69 INR.
Maximum BNB price prediction for 2025 in INR is 355,797.40, and min price forecasted is 83,124.01 INR
Max BNB Price prediction for 2030 is 871,703.62 INR, while the minimum being 610,192.53 INR.
Is investmenting in BNB wise?
One of the cryptocurrencies that expanded quickly is Binance Coin, therefore the coin has a lot of support from market aficionados. On top of that, it serves as the host coin for Binance, the biggest cryptocurrency exchange in the world.
Is BNB a wise investment in 2023?
BNB at this point, is almost close to ATH. No not in terms of USD, but in terms of SATs. So, you can definitely start a SIP in BNB, however investing a lumpsum amount on BNB coin may not be recommended at this point.
However, if BNB goes down by 50% in terms of SATs, you can make an investment in BNB. Long term, BNB is a good coin to hold. BNB, according to us should be one of the 5 coins you hold in your long term portfolio.
What is the BNB price prediction 2025?
BNB could benefit if the cryptocurrency industry keeps expanding. Binance could possibly break the psychological barrier of $2,000 for the first time in 2025.
As per our forecast, max BNB price prediction for 2025 is 4,447.47 USD, while min is 964USD.
What will be the value of BNB in 2030?
Crypto experts are prepared to offer their BNB cost prediction for 2030 after years of examination of the BNB price. At least $7627 will be the minimum price, and $10,896.30 might be the highest peak.
In short, BNB could cross 10896USD by 2030, which means, almost a 50X gain from the current price.
Will BNB reach 1000USD?
Binance ATH is 686.31, that happened on May 10, 2021, and is now currently trading at 235USD in January 2023. According to our analysis, BNB can definitely touch 1000USD and beyond but not this year or next. BNB could cross 1000USD in 2024.
BNB Related posts:
- Factcheck: Did CZ’s net worth really fell by 93%?
- Binance Withdrawals Surge Amidst Reports of Red Flags in Binance Proof of reserves Audit
Is BNB a Good Investment in 2023?
It will be interesting to watch if Binance maintains its position as the leading cryptocurrency exchange company over the next five years, according to price forecasts.
The IEO model and the most recent projects are mostly responsible for the treasured token’s ascent to prominence.
Once the bull market is back, the trading volume will be increasing. Binance may come with new products. The trust that the exchange has built over the years, will help them onboard more number of users.
And I think Binance and BNB, both have great futures. BNB is definitely a good investment to make in 2023.
For anyone wanting great returns from their cryptocurrency portfolio, BNB is a good coin to invest in for long term.
However, October could be bearish for BNB. For short term, we may see a correction, and for those who are thinking to invest, that could be a good time to jump in.
Disclosure: We hold BNB in our portfolio. But this does not make this any investment advise. The price forecasted in this article – BNB Price Prediction 2023 to 2030 is generated using AI and does not guarantee that BNB will follow what’s predicted. Please DYOR before investing.
Also do not forget to comment below your price prediction for BNB by the end of 2025.
Last updated: 5th February 2023