Experts in crypto industry see a bright future for Binance coin. They predict that the price will rise to $781 by 2025, and $1,814 at the end of 2030. According to one expert, “The bnb ecosystem is growing rapidly so the price could reach $3,000 by 2030.

The price prediction for Monday’s binance coin ( BNB) was updated by Price Comparison Portal Finder. According to the company, earlier in the month it interviewed 54 industry experts to predict binance coin’s prices between now and 2030.

Our panel believes Binance coin ( BNB ) will be worth $274 at the end 2022, before increasing to $781 in 2025.

The panel expects that binance coin’s value will continue to rise, rising to $1,814 by 2030.

BNB trades at $265.71 as of this writing. This is an increase of 3.4% over the past 7 days and 14.5% over the last 30 days according to data from Bitcoin.com Markets. Binance coin is fifth in the world by market capitalization.

Finder stated that Ben Ritchie, managing director of Digital Capital Management, and one of the experts on this panel, “is bullish BNB” and expects the coin to reach $300 by the end.

The demand and supply also influence the BNB price. BNB implemented a burn mechanism in each transaction fee and performed quarterly burns, making them a deflationary asset.” Ritchie explained. He explained: BNB Chain plans to support layer 2 chains within the network. This can be useful in the future, as they could suffer the same gas fee issues as Ethereum.

The BNB ecosystem is growing, so the price could rise to $3,000 by 2030.

Experts were also asked if it was a good time to sell, buy, or hold binance coins right now. This was noted by Finder:

The panel sees a bright future for BNB but only 20% believe it’s time for buyers. A majority of panelists (50%) believe it’s worthwhile to keep your BNB. Another 30% advise selling.

The panel includes university executives, crypto exchange executives and crypto research analysts as well as executives from various companies with crypto-related products.

Finder’s experts have also made predictions regarding several other cryptocurrencies such as bitcoin (BTC), ether(ETH), cardano, ADA, solana and solana. The panel had predicted in May that the death meme cryptocurrency shiba Inu (SHIB) would occur.


Source link

About Author

Angie Byrd