At the moment, one BNB is trading for $542.91 with a 24-hour drop of 3.13% and a weekly increase of 3.26%. The market capitalization is $75.74 billion, while the trading volume in the last day stood at $1.43 billion, and the circulating supply is 147.58 million BNB. The 50-day SMA is at $538.21, while the 200-day SMA is at $533.58. The volatility of the token over the medium term comes in at 4.60%. The 14-day RSI is at 45.95, reflecting a neutral sentiment, while the Fear-Greed Index is at 37, suggesting fear among investors.
Looking ahead, the Binance Coin price prediction indicates that BNB could trade within a range of $521.55 to $1,025.09 by the end of 2024. If it reaches the upper target, this would represent a potential increase of 99.03%. By 2025, forecasts suggest that BNB could range from $329.74 to $414.55, while predictions for 2026 estimate a price between $575.23 and $721.90. Long-term projections for 2030 indicate that BNB could reach between $1,000 and $1,500, driven by ongoing developments in the Binance ecosystem and increasing adoption of the token. Overall, the outlook for Binance Coin remains bullish, supported by its utility and strong market presence.
Binance Coin (BNB) Overview
Cryptocurrency | Binance Coin |
Token | BNB |
Price | $ 542.91 |
Price Change (24h) | -3.13% |
Price Change (7d) | +3.26% |
Market Cap | $ 75.74B |
50-Day SMA | $ 538.21 |
200-Day SMA | $ 533.58 |
14-Day RSI | 45.95 |
Trading Volume | $1.43B |
Circulating Supply | 147.58M |
All-Time High | $718.88 (June 2024) |
All-time Low | $ 0.526755 (September 2017) |
Volatility | 4.60% (Medium) |
Fear-Greed Index | 37 (Fear) |
Sentiment | Bullish |
Green Days | 14/30 (47%) |
Binance Coin Vs. Bitcoin Gains?
For the entire Binance Smart Chain ecosystem, Binance Coin (BNB) works as an elixir. Compared to Bitcoin, it may not seem so stable on exchanges with exuberant returns in the immediate short term. With a stable push from the investor community and trust of all exchanges in the long-term, it may grow to rule the crypto market. An investor looks for security and transparency. If Bitcoin’s capitalization value increases and its price, so should BNB.
Yearly Binance BNB Price Predictions: 2024-2030
Year | Minimum Price | Maximum Price |
2024 | $516.53 | $581.44 |
2025 | $432.25 | $515.61 |
2026 | $817.45 | $998.47 |
2027 | $1465.48 | $1857.58 |
2028 | $2199.54 | $2656.75 |
2029 | $2956.48 | $3741.46 |
2030 | $4254 | $5288.17 |
Binance BNB Price Predictions: 2024-2030
Overall, the Binance Coin price prediction from 2024 to 2030 reflects a generally optimistic outlook, with expectations of substantial growth as the cryptocurrency market evolves.
Binance BNB Price Prediction 2024
Binance Coin (BNB) is projected to trade between $516.53 and $581.44. This range indicates a moderate growth outlook as the market stabilizes and recovers from previous fluctuations.
Binance BNB Price Prediction 2025
Predictions for 2025 suggest a minimum price of $432.25 and a maximum of $515.61. This reflects a cautious sentiment as the market adjusts, with potential for gradual recovery.
Binance BNB Price Prediction 2026
The price is forecasted to rise significantly, with a minimum of $817.45 and a maximum of $998.47. This growth is driven by increased adoption and potential technological advancements in the Binance ecosystem.
Binance BNB Price Prediction 2027
BNB could see a further increase, with predictions ranging from $1,465.48 to $1,857.58. This year may mark a pivotal point for Binance Coin as it gains traction in the competitive cryptocurrency market.
Binance BNB Price Prediction 2028
The forecast for 2028 suggests a price range of $2,199.54 to $2,656.75, indicating strong growth as Binance Coin potentially solidifies its position among leading cryptocurrencies.
Binance BNB Price Prediction 2029
Predictions indicate a substantial increase, with a minimum price of $2,956.48 and a maximum of $3,741.46. This reflects growing confidence in Binance Coin’s long-term viability and market demand.
Binance BNB Price Prediction 2030
By 2030, Binance Coin is expected to trade between $4,254 and $5,288.17. This long-term outlook suggests that BNB could achieve significant milestones, driven by ongoing developments and increasing adoption in the cryptocurrency space.
Binance Coin Forecast for Next 30 Days
At this moment, Binance Coin changes hands at $569.04, up 9.94%, as of September 12, 2024. It has been going up consistently since September 12, 2024, reaching the highest price on September 20, 2024, at $699.73 for a 35.19% increase. However, it took time to finish October 11, 2024, with the end price at $666.39 and a gain trend for this month.
Long-term Binance Coin price prediction promises a continuing strong feeling among investors for the years to come. For the year 2024, BNB is supposed to range between $521.55 and $1,025.09. Forecasts have BNB trading between $329.74 and $414.55 in the year 2025. By 2026, predictions have BNB ranging between $575.23 and $721.90. The long-term predictions for 2030 range from $1,000 to $1,500, driven by further developments in the Binance ecosystem and wider adoption of the token. In general, the prospects for Binance Coin are quite bright, given its high utility and strong position in the market. decisions.
Date | Current Price | Change |
Sep 12, 2024 | $569.04 | 9.94% |
Sep 13, 2024 | $569.00 | 9.93% |
Sep 14, 2024 | $567.29 | 9.60% |
Sep 15, 2024 | $567.43 | 9.63% |
Sep 16, 2024 | $577.71 | 11.62% |
Sep 17, 2024 | $607.90 | 17.45% |
Sep 18, 2024 | $670.30 | 29.51% |
Sep 19, 2024 | $697.85 | 34.83% |
Sep 20, 2024 | $699.73 | 35.19% |
Sep 21, 2024 | $692.76 | 33.85% |
Sep 22, 2024 | $674.88 | 30.39% |
Sep 23, 2024 | $654.44 | 26.44% |
Sep 24, 2024 | $670.04 | 29.46% |
Sep 25, 2024 | $669.73 | 29.40% |
Sep 26, 2024 | $651.85 | 25.94% |
Sep 27, 2024 | $650.57 | 25.69% |
Sep 28, 2024 | $641.18 | 23.88% |
Sep 29, 2024 | $649.44 | 25.48% |
Sep 30, 2024 | $662.87 | 28.07% |
Oct 1, 2024 | $666.34 | 28.74% |
Oct 2, 2024 | $664.61 | 28.41% |
Oct 3, 2024 | $657.82 | 27.09% |
Oct 4, 2024 | $647.21 | 25.05% |
Oct 5, 2024 | $648.46 | 25.29% |
Oct 6, 2024 | $640.90 | 26.70% |
Oct 7, 2024 | $649.13 | 27.98% |
Oct 8, 2024 | $639.36 | 26.05% |
Oct 9, 2024 | $650.62 | 24.75% |
Oct 10, 2024 | $655.30 | 26.10% |
Oct 11, 2024 | $666.39 | 26.10% |
Historical analysis for Binance Coin
A historical study of Binance Coin shows a pattern of volatility influenced by changes in the market, advances in technology, and the exchange’s strategic choices. Its development from a utility token to a significant participant in the cryptocurrency market highlights both the risks and growth potential of digital assets. Binance Coin (BNB) has undergone significant historical fluctuations since its inception, reflecting broader trends in the cryptocurrency market.
Technical analysis for Binance Coin
There is currently a mixed technical outlook for Binance Coin. The longer-term trend exhibits some weakness, despite the bullish short-term indicators. Given that price projections suggest possible growth in the upcoming months, investors should continue to be cautious but optimistic. Making wise investment decisions will require keeping an eye on sentiment and market developments.
BNB is anticipated to have a pricing range that starts at $519 and goes up to $645 in September 2024. With a possible return on investment (ROI) of roughly 6.9%, analysts project an average price of roughly $582.
With values ranging from $533 to $659, the price prediction for October 2024 indicates an average price of $596. It is projected that BNB will peak in December at $698 by the end of the year.
FAQs
Is Binance Coin (BNB) a profitable investment?
BNB is predicted to see price surge of $682.39, by December 2024 given the market volatility and past performance
What are the factors influencing Binance (BNB)?
The usefulness of BNB within the Binance ecosystem, coin burning occasions, rivalry from other exchange tokens, and general market trends all have an impact on its price.
How does the price prediction for Binance Coin is decided ?
The Binance Coin price prediction on NameCoinNews is done given the historical volatility, past volatility and market motions
What is the current Binance Coin sentiment in 2024?
According to our most recent prediction, the price of Binance Coin will rise by 8.29% by September 03, 2024, to $565.61. The market sentiment on Binance Coin is 31% bearish, bullish, according to our technical indicators, and the Fear & Greed Index is showing a score of 26 (Fear).
Can Binance Coin BNB rise by the end of 2024?
NameCoinNews predicts that by the end of 2024, BNB will see a potential rise of $1041 by the end of 2024
What is the difference between BNB and BUSD?
The native utility token of the Binance ecosystem, BNB, is utilized for platform-specific operations such as trading fee discounts and blockchain transactions. Conversely, BUSD is a US dollar-pegged stablecoin that is offered by Binance.