According to the experts at FinderBinance Coin (BNB) will reach $274 by the end of 2022. In addition, they predict that the coin will hit $781 by 2025, and $1,814 by the end of 2030. The analysts based their results on a survey of 54 industry experts. Based on the findings, they made their prediction for BNB’s performance between now and 2030.
Nevertheless, the experts were less optimistic about Binance Coin (BNB) than they were in January this year. At the time, the panel predicted that BNB would reach $527 by the end of the year, compared to their current forecast of $274. This is a 48% drop from their January forecast.
However, there is not much discrepancy in their long-term forecasts for Binance Coin (BNB). In January, they said the coin would reach $975 in 2025, up from $781 in July. Their predictions for 2025 have fallen by 20% since January. In addition, they predicted that BNB would reach $2,488 in 2030, compared to $1,814 as of now. This is a 27% drop in their outlook.
Will Binance Coin Rise That High?
The panel was not unanimous in their predictions. Some individuals were more optimistic than others. While some were not sold on Binance Coin (BNB).
John Hawkins, a senior lecturer at the University of Canberra, predicts that BNB will fall to $180 by the end of the year. His judgment is based on the currency’s volatility. He added that BNB “largely follows Bitcoin’s price movements and has little real-world use.”
On the other hand, Ben Ritchie, director of Digital Capital Management, is more optimistic than others. He predicts that BNB will reach $300 by the end of the year. He believes the currency has potential as a deflationary asset.
Now BNB’s performance depends on the Binance exchange platform. Any attack on the stock market would also reflect on the currency. The “Investigations” of the Platform by the SEC raised some eyebrows. While there is no document to prove there is an active investigation, the papers may be exempt from the Freedom Of Information Act (FOIA) under Exemption 7. Nevertheless, CEO CZ has denied any investigation by the agency, saying the exchange is in constant motion. communication with the watchdog.
As of going to press, BNB was trading at $268.20, up 5.3% in the past 24 hours.