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Binance just went through a big storm when it lost both money and human:
+ $4.3B is a very large amount of money, although I believe that Binance has enough financial resources to pay it. However, without this amount of more than $4B, Binance's market development and promotion plan will be delayed and the market will be taken over by other CEXs;
+ CZ is no longer the CEO of Binance, this is a loss in management and communication. In my opinion, CZ is as important to Binance as ElonMusk is to Tesla.
(Source: Binance to Pay $4.3B to Settle U.S. Criminal Case; Changpeng 'CZ' Zhao Resigns as CEO and Pleads Guilty in Seattle (https://www.coindesk.com/policy/2023/11/21/binance-to-settle-charges-with-us-doj-source/))
During the crypto winter, BNB coin only decreased by 71%, being one of the tokens that kept its price best, better than BTC (down 78%) and ETH (down 82%). The recent event has slowed down the price recovery of BNB, BNB only increased 25% from the bottom, while BTC increased 186% and ETH increased 172%.
I believe that BNB coin is the native coin of the BNB chain, not only related to Binance CEX, but negative events with Binance will also affect the BNB chain in general and BNB coin in particular. Many BNB holders had to choose to exit their positions to ETH or SOL, which was a loss for the BNB chain.
Do you still believe in the price increase potential of BNB coin in the 2024 cycle? Can BNB coin continue to reach new peaks and have an impressive bullrun like 2020-2021?
(https://www.tradingview.com/x/8WWxQgod/)
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During the crypto winter, BNB coin only decreased by 71%, being one of the tokens that kept its price best, better than BTC (down 78%) and ETH (down 82%). The recent event has slowed down the price recovery of BNB, BNB only increased 25% from the bottom, while BTC increased 186% and ETH increased 172%.
It is normal if there is a huge decrease during the bearish season. Some coins even dropped more than 80%, the price looks like free fall massively. Many FUDs was also contributed on the huge decrease, many people panic and they sold their coins. With the massive exit (selling coins), the supplies on the market will increase significantly. This leads to the big decrease of crypto prices. However, I believe there will be masive increases in the upcoming bullrun season.
Do you still believe in the price increase potential of BNB coin in the 2024 cycle? Can BNB coin continue to reach new peaks and have an impressive bullrun like 2020-2021?
Indeed. I always believe in BNB potential future. I'm sure the case of Binance with SEC will be over soon. The price of BNB will skyrocket gain whenever the problem is solved already. Moreover, if there is good news related to the development progress of Binance. The price of BNB will git a new ATH in the altcoins season.
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Indeed. I always believe in BNB potential future. I'm sure the case of Binance with SEC will be over soon. The price of BNB will skyrocket gain whenever the problem is solved already. Moreover, if there is good news related to the development progress of Binance. The price of BNB will git a new ATH in the altcoins season.
I also look forward to the return of BNB coin, and subsequently the entire BNB blockchain ecosystem. BNB chain with low fees, high speed and development support from Binance ecosystem fund has become an important part of this market, especially leading new trends for each bullrun. It would be a shame if we lost good projects as Pancake, TrustWallet, Dodo...
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It is true that Binance has been greatly affected by the fine (that amount of money seems exaggerated to me) that they have to pay, but I also know that CZ knows very well what he is doing and that all the steps are planned. BNB and its ecosystem still have a lot to say in the industry, and next 2024 we will see greater use of that ecosystem and all the tools it offers, in addition to seeing many more projects based on the Binance chain.
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It is true that Binance has been greatly affected by the fine (that amount of money seems exaggerated to me) that they have to pay, but I also know that CZ knows very well what he is doing and that all the steps are planned. BNB and its ecosystem still have a lot to say in the industry, and next 2024 we will see greater use of that ecosystem and all the tools it offers, in addition to seeing many more projects based on the Binance chain.
Yeah, BNB chain has a lot of high quality projects with active users, instead of projects that I can't understand in Solana ecosystem. CZ is really smart, I believe he has prepared all the plans for Binance after the recent lawsuit and fine payment.
Honestly, I want to see Binance grow strongly in 2024-2025 to let the US Department of Justice understand that this crypto market is not under their control. They can attack exchanges within the US, they cannot touch the global market.
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I think with the case that has happened with Binane, where BNB was affected by experiencing quite a surprising correction, but now it is moving again to continue to rise by closing the end of the year at a price of $316, of course it is enough to provide something very positive for BNB to prepare for next year. 2024 will go through the halving era. I hope that BNB will improve again at least it can return to 2021, and it is not impossible that it will be able to do more than that in 2025. because BNB is still a coin that is reliable enough to be used as a promising investment and is still the target of many investors.
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Yeah, BNB chain has a lot of high quality projects with active users, instead of projects that I can't understand in Solana ecosystem. CZ is really smart, I believe he has prepared all the plans for Binance after the recent lawsuit and fine payment.
Honestly, I want to see Binance grow strongly in 2024-2025 to let the US Department of Justice understand that this crypto market is not under their control. They can attack exchanges within the US, they cannot touch the global market.
The US Department of Justice knows it can't touch the global market, so it "tries to disrupt" its local market, like when a child cries for no reason. The fact that CZ is no longer CEO of Binance not only demonstrates his intelligence and commitment, it also demonstrates that the steps Binance follows are well defined, and that can only translate into greater use of the ecosystem.
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Honestly, I want to see Binance grow strongly in 2024-2025 to let the US Department of Justice understand that this crypto market is not under their control. They can attack exchanges within the US, they cannot touch the global market.
There will always be possibilities, even though CZ officially stepped down, I still think he's behind Binance's big plans right now. Binance is really strong, and its progress is always dynamic, meaning the Binance platform is truly active and continues to gain trust from many global crypto users.
The recent SEC attack doesn't seem to have put BNB in a bearish market. It was just a small correction, and the price went back to normal. This reflects that Binance's approach to global regulations remains compliant with applicable legal procedures. There's no resistance from CZ, so users don't lose trust in him.
I feel like CZ's prominent name hasn't been completely erased by the SEC. Therefore, I'm also waiting for the moment when Binance can no longer be disturbed by the SEC.
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The recent SEC attack doesn't seem to have put BNB in a bearish market. It was just a small correction, and the price went back to normal. This reflects that Binance's approach to global regulations remains compliant with applicable legal procedures. There's no resistance from CZ, so users don't lose trust in him.
I feel like CZ's prominent name hasn't been completely erased by the SEC. Therefore, I'm also waiting for the moment when Binance can no longer be disturbed by the SEC.
BNB had dropped to a price of $206 after the SEC attack on Binance and its founders, but at that time the price of bitcoin was still low at around $26K, now it has recovered and is back to around $300 plus, meaning the pump is now having an impact on all coins, especially BNB.
When it comes to Binance global, there really isn't a problem with any regulations, except Binance US which is always attacked by the SEC because it is the SEC's authority to adjudicate it, so it is impossible for the SEC to disturb Binance global because it has no authority, even if there is a problem with Binance US, the SEC will always act.
Like Binance US who claimed CZ facilitated money laundering, they were prosecuted.
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BNB had dropped to a price of $206 after the SEC attack on Binance and its founders, but at that time the price of bitcoin was still low at around $26K, now it has recovered and is back to around $300 plus, meaning the pump is now having an impact on all coins, especially BNB.
After the drop, BNB has increased quite a lot and the current price is $313. The hype of bullish season probably brings the impact to the raise of BNB price. Another reason, people also still believe in Binance exchange because CZ gives a proper solution by pointing Richard Teng as a new CEO. Richard Teng seems quite successful to ensure everyone about the future of Binance exchange.
When it comes to Binance global, there really isn't a problem with any regulations, except Binance US which is always attacked by the SEC because it is the SEC's authority to adjudicate it, so it is impossible for the SEC to disturb Binance global because it has no authority, even if there is a problem with Binance US, the SEC will always act.
Of course, there is no problem with Binance global although it is also influenced by the case of Binance US. However, CZ already solved the case, there is no reason to feel worried anymore. Although CZ is no longer to be the CEO of Binance, it doesn't mean he lost his power to manage Binance. He is quite smart to deal with the situation, he only sacrificed his position as the CEO.
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BNB had dropped to a price of $206 after the SEC attack on Binance and its founders, but at that time the price of bitcoin was still low at around $26K, now it has recovered and is back to around $300 plus, meaning the pump is now having an impact on all coins, especially BNB.
When it comes to Binance global, there really isn't a problem with any regulations, except Binance US which is always attacked by the SEC because it is the SEC's authority to adjudicate it, so it is impossible for the SEC to disturb Binance global because it has no authority, even if there is a problem with Binance US, the SEC will always act.
Like Binance US who claimed CZ facilitated money laundering, they were prosecuted.
During SEC attack I have invested with Binance since price above $300 and waiting more than six months later for BNB return to the higher price, I am still remember how crucial effect with SEC attack and CZ have leaves his Binance CEO position. Slowly BNB success recovery back to higher price due they have new launchpool and make BNB from lower price around $210 success return back above $300 and get potential if have many new launchpool open in Binance every month potential to make BNB get back the higher price.
Current BNB price excited for short term trading, every day get potential move up and down around $10 due lowest price around 24 hours under $307 and right now BNB raise up to $315.
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During SEC attack I have invested with Binance since price above $300 and waiting more than six months later for BNB return to the higher price, I am still remember how crucial effect with SEC attack and CZ have leaves his Binance CEO position. Slowly BNB success recovery back to higher price due they have new launchpool and make BNB from lower price around $210 success return back above $300 and get potential if have many new launchpool open in Binance every month potential to make BNB get back the higher price.
Current BNB price excited for short term trading, every day get potential move up and down around $10 due lowest price around 24 hours under $307 and right now BNB raise up to $315.
Binance has returned with Launchpad and Launchpool for new projects, I believe that Binance's position in the market is still guaranteed thanks to the events and contributions to the overall development of the crypto market. BNB price is also very well supported, and we have seen it return above $300, a significant recovery from $200 zone.
(https://www.tradingview.com/x/Joo0PdbJ/)
BTC halving is approaching, I believe that Binance also does not want to rest and BNB token does not want to be left behind by ETH, SOL or ADA 💪
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After the drop, BNB has increased quite a lot and the current price is $313. The hype of bullish season probably brings the impact to the raise of BNB price. Another reason, people also still believe in Binance exchange because CZ gives a proper solution by pointing Richard Teng as a new CEO. Richard Teng seems quite successful to ensure everyone about the future of Binance exchange.
Yes, it can be said that the BNB price is now quite solid because it remains at $ 300 + the impact of the bullish season has begun to feel how the market situation has increased, then added Binance exchange always launches the launchpool that makes the BNB price stay in the $ 300 range.
With the arrival of the new CEO he knows what is needed so that is good enough in this solution.
Of course, there is no problem with Binance global although it is also influenced by the case of Binance US. However, CZ already solved the case, there is no reason to feel worried anymore. Although CZ is no longer to be the CEO of Binance, it doesn't mean he lost his power to manage Binance. He is quite smart to deal with the situation, he only sacrificed his position as the CEO.
It can be said that CZ will work behind the scenes he will probably continue to observe Binance that was built from scratch even though he is no longer the CEO.
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Although CZ is no longer to be the CEO of Binance, it doesn't mean he lost his power to manage Binance. He is quite smart to deal with the situation, he only sacrificed his position as the CEO.
Seems like he is ready to sacrifice Binance just to get out of the US:
Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security (https://www.cnbc.com/2024/01/24/-binance-founder-changpeng-zhao-travel-blocked-by-federal-judge.html)
A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in the United Arab Emirates for the “hospitalization and surgery” of a person in his life even though he offered to post his Binance equity as security for his return to the U.S., a new court filing reveals.
The equity was worth $4.5 billion, based on Binance’s last round of fundraising two years ago, Zhao’s lawyers noted in their Dec. 22 letter to Judge Richard Jones, according to a filing Wednesday.
Remember this is the guy that fled HK, Singapore, Japan, Malta all the while saying everything is #SAFU while running away not looking back.
Well, this time there is no running!
I believe that Binance's position in the market is still guaranteed thanks to the events and contributions to the overall development of the crypto market.
Visa canceled their partnership, the cards are dead, Mastercard said FU, they have no payment processor in whole of EU, they've lost licenses in Canada, Australia Singapore, UK and many others and they can't patch a thing since every major bank and processor is avoiding them, I wonder how much that guarantee is worth, one might find out there is nobody offering you a refund once you truly need it!
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Of course, there is no problem with Binance global although it is also influenced by the case of Binance US. However, CZ already solved the case, there is no reason to feel worried anymore. Although CZ is no longer to be the CEO of Binance, it doesn't mean he lost his power to manage Binance. He is quite smart to deal with the situation, he only sacrificed his position as the CEO.
It can be said that CZ will work behind the scenes he will probably continue to observe Binance that was built from scratch even though he is no longer the CEO.
By recognising money laundering in America, of course the main effect is in America itself. What you say is real; it will clearly not affect Binance globally.Although CZ, the founder and CEO of Binance, finally announced his resignation, that would not affect him or Binance's ability to continue to face this situation.CZ will still be able to control the binance that has been led so far and will not release it because he knows the impact that will occur if he does not play a role there.
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By recognising money laundering in America, of course the main effect is in America itself. What you say is real; it will clearly not affect Binance globally.Although CZ, the founder and CEO of Binance, finally announced his resignation, that would not affect him or Binance's ability to continue to face this situation.CZ will still be able to control the binance that has been led so far and will not release it because he knows the impact that will occur if he does not play a role there.
This is a settlement through a fine, it is not that Binance lost the case, the situation has been resolved satisfactorily.
CZ proactively arranged with the US Department of Justice, not being arrested by the FBI to the US, so I believe that CZ has enough plans for Binance in the future when CZ is no longer in the CEO position. Currently Binance is regaining market share and I believe that BNB token will also receive a positive impact.
- The return of Binance CEX: 52.6% market share in 2023 (https://www.altcoinstalks.com/index.php?topic=316786)
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
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This is a settlement through a fine, it is not that Binance lost the case, the situation has been resolved satisfactorily.
It lost terrible, they didn't even dare to speak a word and agreed with eveything the US Treasury asked them
-CZ stepped down, agreed to plead guilty to a US criminal charge of failure to prevent money laundering, paid another $50mn penalty.
- Binance.com, pleaded guilty and has agreed to pay over $4 billion in a settlement
https://www.justice.gov/opa/pr/binance-and-ceo-plead-guilty-federal-charges-4b-resolution
CZ proactively arranged with the US Department of Justice, not being arrested by the FBI to the US
He is still not allowed to leave the country and he has to brief the DoJ on his whereabouts, even Madoff spent three months outside prison on bail till getting a 150 years sentence. Do you think he's off Twitter because he needs to meditate or because he was asked to stay quiet and he agrees with eveything they ask him to do so he can avoid jail time?
Binance took a serious hit, and the way BNB has fared on a yoy perspective is pretty telling, one of the worse top 20 coins after polkadot and ..lol...shiba!
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
With the predictions you have given, now should be the most appropriate moment to buy BNB in large amounts and of course you must remain vigilant because there is no guarantee that bullishness will occur in 2025 because so far cryptocurrency price movements depend on demand in market.
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Do you still believe in the price increase potential of BNB coin in the 2024 cycle? Can BNB coin continue to reach new peaks and have an impressive bullrun like 2020-2021?
I believe that the BNB coin will increase because the supply is burned continuously up to 100,000,000 BNB.
Maybe when it reaches a coin supply of 100,000,000 BNB it could happen that 1 BNB costs 1,000 USD or more on all cryptocurrency markets including Binance Exchange.
But the problem lies within CZ who is having problems with the various regulations provided by the SEC.
CZ is also now in a position where she cannot leave the US, waiting to be judged for what she has done. CZ's problem is getting more complex and I also don't want CZ's problem to continue.
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
With the predictions you have given, now should be the most appropriate moment to buy BNB in large amounts and of course you must remain vigilant because there is no guarantee that bullishness will occur in 2025 because so far cryptocurrency price movements depend on demand in market.
I want to agree with you but with CZ in US custody, that will be hard to achieve because there is high chance of him been guilty by April and will be sent to prison. If this finally happen, we all know that BNB will find it hard to pump because there is a an agitation by the senators to monitor Binance for the next 5 years incase there is any criminal activities just like they fine them $4B for the first case.
But if CZ is free by the month of April, that alone is enough to give BNB a boost to move to $500 because by then halving would be done and it is going to be Altcoins season that time, it will even be a catalyst to move other coins due to how influencing CZ is in crypto community.
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I believe that the BNB coin will increase because the supply is burned continuously up to 100,000,000 BNB.
Maybe when it reaches a coin supply of 100,000,000 BNB it could happen that 1 BNB costs 1,000 USD or more on all cryptocurrency markets including Binance Exchange.
But the problem lies within CZ who is having problems with the various regulations provided by the SEC.
CZ is also now in a position where she cannot leave the US, waiting to be judged for what she has done. CZ's problem is getting more complex and I also don't want CZ's problem to continue.
The lawsuit was successfully settled by Binance thanks to the 4B USD, Binance Global is operating normally and we have many new projects such as Alt, Pixel, Xai... to participate and invest in the new cycle.
CZ continues to be a great monument in the crypto market. I believe that before coming to the US, CZ planned for Binance to continue growing for many years under the leadership of the new CEO. CZ will not be able to directly run Binance in the next few years, but nothing can stop CZ's groundbreaking ideas from continuing to help Binance grow and regain market share.
I believe that in the new cycle, BNB token will continue to return to the capitalization race with SOL and create a new ATH, responding to the expectations of the Binance community and BNB token holders.
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I believe that the BNB coin will increase because the supply is burned continuously up to 100,000,000 BNB.
Maybe when it reaches a coin supply of 100,000,000 BNB it could happen that 1 BNB costs 1,000 USD or more on all cryptocurrency markets including Binance Exchange.
It is true. Binance has a regular program to burn the supply of BNB. This is very sure to make the value of BNB increasing constantly. However, it is not easy to determine how much the price of BNB in the future. During this year (2024), I just assume it may be around $600 - $700. $1000 is still to high for the price in 2024.
But the problem lies within CZ who is having problems with the various regulations provided by the SEC.
CZ has solved the problem with SEC. There is no problem anymore, Binance has a new CEO now.
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I believe that the BNB coin will increase because the supply is burned continuously up to 100,000,000 BNB.
Maybe when it reaches a coin supply of 100,000,000 BNB it could happen that 1 BNB costs 1,000 USD or more on all cryptocurrency markets including Binance Exchange.
But the problem lies within CZ who is having problems with the various regulations provided by the SEC.
CZ is also now in a position where he cannot leave the US, waiting to be judged for what she has done. CZ's problem is getting more complex and I also don't want CZ's problem to continue.
I like how Binance supports the BNB token price by using CEX profits to burn a portion of BNB tokens from the market, which further increases the scarcity of BNB over time. At the same time, the ecosystem of BNB chain is also being supported very well with many new projects being introduced to the community through launchpad & launchpool services on Binance CEX.
I'm still waiting for the results regarding CZ's fate. I believe this will be news that will have a big impact on the crypto market. I hope CZ won't have to face a harsh judgment. For me, CZ is the hero of this market, CZ's vision and creativity drove the strong development of the crypto market from 2017-2023!
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Do you still believe in the price increase potential of BNB coin in the 2024 cycle? Can BNB coin continue to reach new peaks and have an impressive bullrun like 2020-2021?
(https://www.tradingview.com/x/8WWxQgod/)
I still really believe that BNB will experience a significant increase in 2024. Indeed, BNB has experienced a fairly sharp decline, but at that time the prices of other crypto coins also experienced a decline. So it wasn't that surprising to me.
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I still really believe that BNB will experience a significant increase in 2024. Indeed, BNB has experienced a fairly sharp decline, but at that time the prices of other crypto coins also experienced a decline. So it wasn't that surprising to me.
Compared to most tokens, BNB holds its price much better, only decreasing by ~72% in crypto winter. Over the past few weeks, the BNB price has had an impressive recovery and has touched $620. I think BNB did not disappoint its loyal holders.
This recovery may come from the recent Launchpools and Launchpads that took place on Binance, which encouraged investors to buy and stake BNB to receive free tokens. Teng is doing great to bring Biannce back.
(https://www.tradingview.com/x/iIte5a91/)
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
+1 doc.
I think the possibility of BNB reaching $700 is becoming clearer by the day. I would rather call BNB the underdog coin in the crypto market. When there is a slight bullish activity, BNB tends to outperform others and do well.
The shocking but funny incidents happened a few days ago. A few weeks back when I checked the price of BNB, it was at $400, but I doubted if there was a chance of the price going further. Surprisingly, I saw $600 yesterday. The other incident occurred sometime last year when the crypto market was in a bearish state. BNB was actually $100 around that time. My friend kept asking me if he should go for it or rather wait due to the market condition. Though I don't know if he later bought it, but the price later went to $300 within a month.
These two events have taught me how good the BNB project is and how far it can go.
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I think the possibility of BNB reaching $700 is becoming clearer by the day. I would rather call BNB the underdog coin in the crypto market. When there is a slight bullish activity, BNB tends to outperform others and do well.
The shocking but funny incidents happened a few days ago. A few weeks back when I checked the price of BNB, it was at $400, but I doubted if there was a chance of the price going further. Surprisingly, I saw $600 yesterday. The other incident occurred sometime last year when the crypto market was in a bearish state. BNB was actually $100 around that time. My friend kept asking me if he should go for it or rather wait due to the market condition. Though I don't know if he later bought it, but the price later went to $300 within a month.
These two events have taught me how good the BNB project is and how far it can go.
BNB token price is driven by Binance's activities through recently organized launchpads and launchpools, investors are encouraged to buy and stake BNB into Vault to receive many free tokens. Binance Web3 wallet also continuously organizes new events to attract users. The increasing demand for buying and accumulating BNB has supported the BNB token price.
The return of Binance after paying a $4B fine to the US Department of Justice and many positive changes are making Binance more legally secure than before. When the fear is gone, investors will continue to look for new projects and new opportunities in the BNB chain ecosystem. I don't think BNB can only break ATH in this cycle, I will wait for $1K and $1.5K for BNB price in 2025.
(https://www.tradingview.com/x/Tf5uZeqK/)
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
With it currently touching $586, it has the potential to go through ATH like Bitcoin will do this year. During the bullish season, it will provide a surprise that might be the same in 2021, and we know the increase is extraordinary. I think BNB will be able to do it. For this reason, this is an altcoin that needs to be paid attention to in 2025, because the potential is there, and it can be done.
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
With it currently touching $586, it has the potential to go through ATH like Bitcoin will do this year. During the bullish season, it will provide a surprise that might be the same in 2021, and we know the increase is extraordinary. I think BNB will be able to do it. For this reason, this is an altcoin that needs to be paid attention to in 2025, because the potential is there, and it can be done.
The price of BNB has returned to $600, seeing that the price of bitcoin has started to return to the core of $70K, I think soon we will see bitcoin touch the new ATH again, and likewise BNB will touch the new ATH, maybe above $700
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I think the possibility of BNB reaching $700 is becoming clearer by the day. I would rather call BNB the underdog coin in the crypto market. When there is a slight bullish activity, BNB tends to outperform others and do well.
The price of BNB is already above $600, I'm also optimistic that BNB will reach $700 in the near future. I think BNB is one of the most popular coins, it is the coin from Binance exchange. We all know Binance is the number 1 exchange in the world. Why it is an underdog coin? If you look at the market caps and the volume of daily trading, you must be aware that BNB is one of the coins that most people are holding.
The shocking but funny incidents happened a few days ago. A few weeks back when I checked the price of BNB, it was at $400, but I doubted if there was a chance of the price going further. Surprisingly, I saw $600 yesterday. The other incident occurred sometime last year when the crypto market was in a bearish state. BNB was actually $100 around that time. My friend kept asking me if he should go for it or rather wait due to the market condition. Though I don't know if he later bought it, but the price later went to $300 within a month.
If you bought BNB when it was in $400, you must get profits now. It is not funny at all, it is quite predictable if BNB will continue to grow although CZ has a problem. Now, the price of BNB is above $600k and it will be $700 soon. I'm sure many people regretted to not buying BNB when CZ got a problem with SEC. At that time, BNB price dropped significantly. Your friend must regret it as well.
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If you bought BNB when it was in $400, you must get profits now. It is not funny at all, it is quite predictable if BNB will continue to grow although CZ has a problem. Now, the price of BNB is above $600k and it will be $700 soon. I'm sure many people regretted to not buying BNB when CZ got a problem with SEC. At that time, BNB price dropped significantly. Your friend must regret it as well.
To me, CZ has made the best arrangement for himself and the future of Binance. The lawsuit is over and Binance can operate normally after paying the fine. Binance users can rest assured to use Binance for trading, staking services and participating in new projects. As fear and uncertainty subside, users will continue to use Binance and BNB chain more, driving up BNB token price.
CZ is not Sam BF, I think CZ will soon return to the crypto community instead of going to jail for 25 years. I am a user of BNB chain, I congratulate the price increase of BNB but it also means that I will need to pay higher fees for my transactions on BNB chain ::)
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I just to predict the price of BNB at 2024 and bullish at 2025.
By seeing BNB performance now, I think BNB price will reach around $ 400-500 at this year. And will hit $ 600 at bullish. Although many people said BNB will hit $ 700, but it seems hard to happen
With it currently touching $586, it has the potential to go through ATH like Bitcoin will do this year. During the bullish season, it will provide a surprise that might be the same in 2021, and we know the increase is extraordinary. I think BNB will be able to do it. For this reason, this is an altcoin that needs to be paid attention to in 2025, because the potential is there, and it can be done.
The price of BNB has returned to $600, seeing that the price of bitcoin has started to return to the core of $70K, I think soon we will see bitcoin touch the new ATH again, and likewise BNB will touch the new ATH, maybe above $700
The plans they were hoping for with BNB had to be postponed because Bitcoin started to decline. This resulted in all altcoins being affected, including BNB. Currently, the price has fallen to $554, hopes of getting through the ATH that Bitcoin created must be postponed has may be because the halving period is approaching this month. We will wait after the halving. Hopefully it will bring the changes we hope for.
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The plans they were hoping for with BNB had to be postponed because Bitcoin started to decline. This resulted in all altcoins being affected, including BNB. Currently, the price has fallen to $554, hopes of getting through the ATH that Bitcoin created must be postponed has may be because the halving period is approaching this month. We will wait after the halving. Hopefully it will bring the changes we hope for.
When BTC goes sideways, the entire crypto market will be affected, and BNB is not the only token that has seen a price drop in the past few weeks. However, I am not worried about this because corrections are necessary to maintain an uptrend in a sustainable way.
We have a new Launchpool on Binance - Saga, we see the BNB chain network continue to be active, and many BNB are burned every minute. The potential for BNB to increase in price in the future is still maintained. When looking at the BNB price chart on the weekly frame, I don't see anything to worry about for BNB.
(https://www.tradingview.com/x/ICi9L8IK/)
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The plans they were hoping for with BNB had to be postponed because Bitcoin started to decline. This resulted in all altcoins being affected, including BNB. Currently, the price has fallen to $554, hopes of getting through the ATH that Bitcoin created must be postponed has may be because the halving period is approaching this month. We will wait after the halving. Hopefully it will bring the changes we hope for.
This season's price cycle should increase very high, but if there is no good news it will be difficult to increase the price. However, currently the price is quite high, I am waiting for bearishness to occur and will buy more BNB.
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This season's price cycle should increase very high, but if there is no good news it will be difficult to increase the price. However, currently the price is quite high, I am waiting for bearishness to occur and will buy more BNB.
It is difficult to predict exactly the price fluctuations of BNB token in this cycle, but I believe that with the development of Binance and BNB chain, BNB price is completely capable of creating a new ATH and not disappointing investors. Currently, we have not yet entered altseason, but BNB price has recovered quite well and has not been left behind by other top coins.
I also hope that the BTC halving will be a sell-the-news event, when the BTC price will be cooled and the BNB price will also adjust and create an opportunity for you to buy BNB ^^
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The plans they were hoping for with BNB had to be postponed because Bitcoin started to decline. This resulted in all altcoins being affected, including BNB. Currently, the price has fallen to $554, hopes of getting through the ATH that Bitcoin created must be postponed has may be because the halving period is approaching this month. We will wait after the halving. Hopefully it will bring the changes we hope for.
This season's price cycle should increase very high, but if there is no good news it will be difficult to increase the price. However, currently the price is quite high, I am waiting for bearishness to occur and will buy more BNB.
But it is difficult when the halving season itself has not yet occurred. There will always be changes that we cannot know about, although I am also very confident that BNB will be able to perform better because it is supported by the very well-known Binance.
Yes, I have also prepared funds for that, hoping that early after the halving there will be a correction so that there will be an opportunity to buy, so that when the season for the increase comes, I will get the results from the savings that.
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This season's price cycle should increase very high, but if there is no good news it will be difficult to increase the price. However, currently the price is quite high, I am waiting for bearishness to occur and will buy more BNB.
It is difficult to predict exactly the price fluctuations of BNB token in this cycle, but I believe that with the development of Binance and BNB chain, BNB price is completely capable of creating a new ATH and not disappointing investors. Currently, we have not yet entered altseason, but BNB price has recovered quite well and has not been left behind by other top coins.
I also hope that the BTC halving will be a sell-the-news event, when the BTC price will be cooled and the BNB price will also adjust and create an opportunity for you to buy BNB ^^
We don't need to predict the price of BNB, we just need to believe in the development of the BNB project. As long as they still have their own exchange, there is still an opportunity to develop the coins they own, perhaps by means of an IDO or IEO which is often done on the Binance platform and there is a reduction This BNB supply will also increase the BNB price.
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We don't need to predict the price of BNB, we just need to believe in the development of the BNB project. As long as they still have their own exchange, there is still an opportunity to develop the coins they own, perhaps by means of an IDO or IEO which is often done on the Binance platform and there is a reduction This BNB supply will also increase the BNB price.
Yes, as long as the BNB token continues to be supported by launchpool + launchpad programs on Binance, demand for trading within the BNB chain ecosystem, and token burning events from Binance's revenue, we can still be confident in its price appreciation potential in this cycle and in the future. My only concern is that with its already large market capitalization and fierce competition from newer ecosystems in the market, the BNB token may still be able to set a new ATH but it will be difficult to achieve the same impressive price performance as in the 2021 bullrun.
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We don't need to predict the price of BNB, we just need to believe in the development of the BNB project. As long as they still have their own exchange, there is still an opportunity to develop the coins they own, perhaps by means of an IDO or IEO which is often done on the Binance platform and there is a reduction This BNB supply will also increase the BNB price.
Yes, as long as the BNB token continues to be supported by launchpool + launchpad programs on Binance, demand for trading within the BNB chain ecosystem, and token burning events from Binance's revenue, we can still be confident in its price appreciation potential in this cycle and in the future. My only concern is that with its already large market capitalization and fierce competition from newer ecosystems in the market, the BNB token may still be able to set a new ATH but it will be difficult to achieve the same impressive price performance as in the 2021 bullrun.
It seems that Binance will not stop and will continue to burn to reduce supply, which may continue to increase, which, of course, will prevent prices from increasing in the future. Apart from that, they have carried out many innovations because, without any updates, they can reduce the trust of investors who have continued to support them until now.
In my opinion, BNB will be like the event in 2021 which gave a surprise with its ATH, which can be done at the moment when the upcoming increase occurs.
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It seems that Binance will not stop and will continue to burn to reduce supply, which may continue to increase, which, of course, will prevent prices from increasing in the future. Apart from that, they have carried out many innovations because, without any updates, they can reduce the trust of investors who have continued to support them until now.
In my opinion, BNB will be like the event in 2021 which gave a surprise with its ATH, which can be done at the moment when the upcoming increase occurs.
BNB employs two burning mechanisms and will reduce the total supply to 50%: BNB from gas fees on the BNB chain + quarterly BNB burning from Binance CEX revenue. Currently, we have around 150M BNB in circulation, Binance will need to burn another 50M BNB to achieve the original target.
During the crypto winter, Binance's coin burning events did not attract much attention, I think this will change in the bullrun when every positive news is noticed and absorbed into the price. I believe the BNB token will not disappoint BNB holders, but I also dare not have high expectations for a really high ATH for BNB in this cycle because the BNB marketcap is also quite large ~ $80B.