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Author Topic: Potential price increase of BNB coin in next 2024 cycle  (Read 18924 times)

Offline vegasus

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #135 on: November 16, 2024, 10:27:10 PM »
Well, yes, it is still less than -14% from the ATH BNB itself of $720, while the current price of BNB is at $618, quite down in the last 24 hours, yes down around -2.77%. Indeed, this is not a fantastic number considering the increase in BNB in ​​the last 7 days is still much higher.

what makes my chest tight is the fact that now BNB is below SOL, SOL managed to take over BNB's position in the top 4 Coin Market Cap. And now the conditions are reversing, SOL is far behind BNB, related to its market cap, circulating supply, and also its volume in 24 hours. But, this will actually be more challenging and interesting to see the competition between the two altcoins.
BNB still has a whole cycle and bull run to increase its price strongly. As long as Binance doesn't collapse, I believe BNB price will continue to be supported and increase rapidly along with the greed of investors. The FOMO will encourage them to buy potential tokens at any price, and when 1 BNB = $1K, there will still be large buying pressure from the community, especially those who need BNB to pay gas fees and participate in IEOs on Binance.

Comparison is always lame. We should focus on the positive side of competition, which is the overall progress of blockchain technology. I love BNB chain but also admire the revival of Solana after the ashes of FTX. I also enjoy following the news about the market cap race of these two ecosystem in bullrun.
The competition between BNB and SOL is indeed that tight and both are indeed potential, promising projects, and their progress is extraordinary. Both have networks that are known to have low transaction fees, as well as several other uses that can support both coins to stay in the top ranks. And indeed we believe that the price of BNB will definitely increase again, at least $ 1k is the target to be achieved. Thus, it is actually not a problem to take both, for long-term investment or to prepare for the bullish era later. because after all, both BNB and SOL are coins that are very potential and continue to grow.

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #135 on: November 16, 2024, 10:27:10 PM »

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Offline MrSpasybo

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #136 on: November 18, 2024, 05:21:28 PM »
The competition between BNB and SOL is indeed that tight and both are indeed potential, promising projects, and their progress is extraordinary. Both have networks that are known to have low transaction fees, as well as several other uses that can support both coins to stay in the top ranks. And indeed we believe that the price of BNB will definitely increase again, at least $ 1k is the target to be achieved. Thus, it is actually not a problem to take both, for long-term investment or to prepare for the bullish era later. because after all, both BNB and SOL are coins that are very potential and continue to grow.
Yeah, I like this perspective. Competition drives development for both ecosystems, and both native tokens will benefit from the positive price impact. Investors can choose both BNB and SOL for their portfolios instead of struggling to compare and choose.

SOL is also very promising, but I'm also a Binance fan so I'll support BNB in the ongoing market cap race. The stability of Bnb chain and opBNB also gives me more peace of mind than worrying about outages.
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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #136 on: November 18, 2024, 05:21:28 PM »

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Offline yohananaomi

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #137 on: November 19, 2024, 11:09:01 AM »
-snip-
Once BTC rises strongly and stabilizes, the capital will flow into ALTs, and we will see a strong price increase of a series of tokens, including Layer-1 native tokens as BNB. As long as Binance and BNB are not forgotten, BNB price will definitely surprise investors again and make them regret not accumulating enough BNB during the crypto winter.
What you have said is absolutely true, because in the period of 2021 it can be seen that BNB has given a surprise with a very significant increase. Of course, it can be done in the period of 2025, because BNB has reached its ATH, so it is not impossible that BNB will be able to give a very extraordinary surprise.
I think it's time to continue buying and holding BNB because it is certain that those who can hold it well will be able to get big profits.
BNB is still a potential coin even though solana has overtaken it but BNB still shows good price movement in the market. BNB is always supported by binance exchange and I think investors still believe in BNB will reach ATH next year.
I still hold BNB and plan to hold until the bullish season next year.
Solana gave a surprise again at this time by shifting the BNB ranking, but Solana is very good at this time, but I also have confidence that BNB will be able to take over again with the hard work done.
Agree, that BNB is still a potential coin until now and will still provide its best contribution in the upcoming bullish season, and it could also shift the existence of solana.
I am the same as you, still holding BNB, because besides being used to pay fees, it is also used for investment.

Offline MrSpasybo

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #138 on: November 20, 2024, 08:22:31 PM »
Solana gave a surprise again at this time by shifting the BNB ranking, but Solana is very good at this time, but I also have confidence that BNB will be able to take over again with the hard work done.
Agree, that BNB is still a potential coin until now and will still provide its best contribution in the upcoming bullish season, and it could also shift the existence of solana.
I am the same as you, still holding BNB, because besides being used to pay fees, it is also used for investment.
Every native token is used for at least two purposes: paying transaction fees on the network and investing for profit. Some other features include participating in governance through DAO, but this has not yet become widespread or effective.

Solana could be the most suitable competitor for BNB chain, they should focus on the race to surpass each other in market capitalization instead of challenging Ethereum. I hope we will have a vibrant bullrun while following the continuous change in the marketcap ranking of BNB and SOL.
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Offline yohananaomi

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #139 on: November 26, 2024, 09:18:38 AM »
-
Solana could be the most suitable competitor for BNB chain, they should focus on the race to surpass each other in market capitalization instead of challenging Ethereum. I hope we will have a vibrant bullrun while following the continuous change in the marketcap ranking of BNB and SOL.
An interesting competition between the two of them. It has been several times that Solana has been able to shift the market cap from bnb, but by remaining persistent and confident it can be taken over at that time., Now it is happening again, and it seems that the time that has happened is quite, long for bnb to be able to take over again, and it looks like solana will feel comfortable or bnb has prepared itself to be able to take over the ranking in market cap again, of course it is highly anticipated and awaited

Offline MrSpasybo

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #140 on: November 26, 2024, 06:56:24 PM »
An interesting competition between the two of them. It has been several times that Solana has been able to shift the market cap from bnb, but by remaining persistent and confident it can be taken over at that time., Now it is happening again, and it seems that the time that has happened is quite, long for bnb to be able to take over again, and it looks like solana will feel comfortable or bnb has prepared itself to be able to take over the ranking in market cap again, of course it is highly anticipated and awaited
SOL is currently temporarily leading BNB due to the memecoin wave as BTC continues to make new ATHs, however we all understand the uncertainty of memecoins and this could drag down SOL price. In contrast, Bnb chain has a diverse and complete ecosystem with DeFi, NFT, GameFi, RWA, SoFi... and can explode at any time to support BNB price.

I hope that with the sideways adjustment of BTC price, the capital flow will be pushed to top coins and we will continue to witness the race of SOL and BNB. Surely the competition will bring fame to both tokens but we will wait and see which token achieves greater success in attracting users and capital flow in the future.
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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #141 on: November 26, 2024, 08:08:30 PM »
An interesting competition between the two of them. It has been several times that Solana has been able to shift the market cap from bnb, but by remaining persistent and confident it can be taken over at that time., Now it is happening again, and it seems that the time that has happened is quite, long for bnb to be able to take over again, and it looks like solana will feel comfortable or bnb has prepared itself to be able to take over the ranking in market cap again, of course it is highly anticipated and awaited

The kind of hype Sol price had this season, if BNB had it before now, I'm very sure that the price will explode probably competing with Ethereum but the CZ arrest affected the price growth and I don't think the new CEO understand the crowd. To date, CZ remain one of the best influencers in crypto and most like CEO of exchanges we had.

The memes are even turning into another thing that Pump fun had to disabled livestream on their platform. I must say that sol had this season than any other coins in this crypto space this season.
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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #141 on: November 26, 2024, 08:08:30 PM »


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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #142 on: November 27, 2024, 04:16:04 AM »
---
SOL is currently temporarily leading BNB due to the memecoin wave as BTC continues to make new ATHs, however we all understand the uncertainty of memecoins and this could drag down SOL price. In contrast, Bnb chain has a diverse and complete ecosystem with DeFi, NFT, GameFi, RWA, SoFi... and can explode at any time to support BNB price.
---
I wonder why BNB isn't launching any meme coins like Solana does right now. I mean there's no popular meme coin that's being launched on Binance Smart Chain compared to Solana that has a lot right now. Yes, I agree with what you said that the surge of meme coin pushed the price of Solana to reach new ATH.

As for BNB, and its potential highest price for the bull run, I guess $700 is more of a conservative prediction of mine although I will not be surprised if it reaches $750-$800 for the first time. Overall, the coin has a good future and that's because of their successful exchange.

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #143 on: November 28, 2024, 05:20:00 PM »
I wonder why BNB isn't launching any meme coins like Solana does right now. I mean there's no popular meme coin that's being launched on Binance Smart Chain compared to Solana that has a lot right now. Yes, I agree with what you said that the surge of meme coin pushed the price of Solana to reach new ATH.

As for BNB, and its potential highest price for the bull run, I guess $700 is more of a conservative prediction of mine although I will not be surprised if it reaches $750-$800 for the first time. Overall, the coin has a good future and that's because of their successful exchange.
I'm not sure exactly what the reason is, but it could be related to speed and transaction fees. Bnb chain has a speed of 5K tps while Solana has a speed of 65K tps, which makes transaction fees on Solana much cheaper and everyone can use Solana comfortably without worrying about transaction fees. Memecoins like this, and it also likes the vibrant ecosystem of Solana when the SOL price recovers very impressively.

Conspiracy theories can also explain this by the "unusual" recovery of SOL after the collapse of FTX. It is possible that many large funds have invested in SOL so they will use the memecoins wave to bring SOL to a very high price and take profits there. BNB does not have these things, it is supported by Binance and exists as a less volatile asset than both BTC and ETH.
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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #144 on: November 30, 2024, 03:35:53 PM »
An interesting competition between the two of them. It has been several times that Solana has been able to shift the market cap from bnb, but by remaining persistent and confident it can be taken over at that time., Now it is happening again, and it seems that the time that has happened is quite, long for bnb to be able to take over again, and it looks like solana will feel comfortable or bnb has prepared itself to be able to take over the ranking in market cap again, of course it is highly anticipated and awaited
SOL is currently temporarily leading BNB due to the memecoin wave as BTC continues to make new ATHs, however we all understand the uncertainty of memecoins and this could drag down SOL price. In contrast, Bnb chain has a diverse and complete ecosystem with DeFi, NFT, GameFi, RWA, SoFi... and can explode at any time to support BNB price.

I hope that with the sideways adjustment of BTC price, the capital flow will be pushed to top coins and we will continue to witness the race of SOL and BNB. Surely the competition will bring fame to both tokens but we will wait and see which token achieves greater success in attracting users and capital flow in the future.

I think SOL will lead a really consistent price increase where the sol coin meme continues, while BNB has not shown significant upward movement like SOL, since the new CEO BNB has experienced a slight decline in innovation in my opinion for the launch also now it is not like before where coins that enter binance will definitely explode, the current reality is as you can see

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #145 on: November 30, 2024, 03:57:33 PM »
I think SOL will lead a really consistent price increase where the sol coin meme continues, while BNB has not shown significant upward movement like SOL, since the new CEO BNB has experienced a slight decline in innovation in my opinion for the launch also now it is not like before where coins that enter binance will definitely explode, the current reality is as you can see
I'm not so sure about that because SOL is backed by Solana, which is flooded with memecoins. When the memecoin trend cools down, SOL will also stop rising in price. On the other hand, BNB is backed by Binance and a vast ecosystem covering many areas within this market. The recovery of DeFi and tokenization will be a big driver for BNB to increase in price in the long term.

BNB is not only under pressure from SOL but also from XRP, a token that is rising very strongly due to many good legal-related news. I hope that BNB will compete fiercely with these platforms, and at the same time, Bnb chain can create a unique direction to sustain itself in the future.
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Offline taufik123

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #146 on: November 30, 2024, 09:21:40 PM »
-snip-
BNB is not only under pressure from SOL but also from XRP, a token that is rising very strongly due to many good legal-related news. I hope that BNB will compete fiercely with these platforms, and at the same time, Bnb chain can create a unique direction to sustain itself in the future.
Even though BNB also has cheap fees and a stable network, but BNB lost because of the memecoin hype preferring SOLANA and not only SOL and XRP, but now the Base network is also a competitor to BNB and Solana.

But of course this cycle will change soon and maybe Solana won't be hype anymore, but it will happen when memecoins are not popular anymore and there are many memecoin trading platforms that are better than Solana.

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #147 on: December 01, 2024, 09:37:13 AM »
-snip-
BNB is not only under pressure from SOL but also from XRP, a token that is rising very strongly due to many good legal-related news. I hope that BNB will compete fiercely with these platforms, and at the same time, Bnb chain can create a unique direction to sustain itself in the future.
Even though BNB also has cheap fees and a stable network, but BNB lost because of the memecoin hype preferring SOLANA and not only SOL and XRP, but now the Base network is also a competitor to BNB and Solana.

But of course this cycle will change soon and maybe Solana won't be hype anymore, but it will happen when memecoins are not popular anymore and there are many memecoin trading platforms that are better than Solana.
I believe that you will be created an excellent opinion in your post. So i am also agree with your comment. We also know that BNB is one of the best profitable crypto in cryptocurrency market. We also know that BNB is also the best valuable currency in long time. So we must understanding in this time, BNB will be best potential currency in cryptocurrency market. So if we want to invest in this crypto for long time, i believe that it will be correct decision to us.
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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #148 on: December 01, 2024, 05:09:14 PM »
I believe that you will be created an excellent opinion in your post. So i am also agree with your comment. We also know that BNB is one of the best profitable crypto in cryptocurrency market. We also know that BNB is also the best valuable currency in long time. So we must understanding in this time, BNB will be best potential currency in cryptocurrency market. So if we want to invest in this crypto for long time, i believe that it will be correct decision to us.
Well, if an investor likes both BNB and SOL, and believes in the future of both, he can invest in both BNB and SOL to diversify risk and not miss out on opportunities in both ecosystems ^^

BNB will have many upward price drivers in the near future, related to the development of a vibrant and full ecosystem, in addition to many IEOs on Binance and BNB burn events from Binance CEX profits. BNB investors will not be bored when participating in the Binance ecosystem in the bullrun, this is something that SOL will find difficult to achieve because it is no longer backed by FTX as in 2021.
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Offline doc

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Re: Potential price increase of BNB coin in next 2024 cycle
« Reply #149 on: December 01, 2024, 06:53:25 PM »
-snip-
BNB is not only under pressure from SOL but also from XRP, a token that is rising very strongly due to many good legal-related news. I hope that BNB will compete fiercely with these platforms, and at the same time, Bnb chain can create a unique direction to sustain itself in the future.
Even though BNB also has cheap fees and a stable network, but BNB lost because of the memecoin hype preferring SOLANA and not only SOL and XRP, but now the Base network is also a competitor to BNB and Solana.

But of course this cycle will change soon and maybe Solana won't be hype anymore, but it will happen when memecoins are not popular anymore and there are many memecoin trading platforms that are better than Solana.
I believe that you will be created an excellent opinion in your post. So i am also agree with your comment. We also know that BNB is one of the best profitable crypto in cryptocurrency market. We also know that BNB is also the best valuable currency in long time. So we must understanding in this time, BNB will be best potential currency in cryptocurrency market. So if we want to invest in this crypto for long time, i believe that it will be correct decision to us.
Maybe more precisely BNB is one of the best crypto currencies because it is always in the top 10 coins.
BNB is quite potential because it is a popular coin, but currently XRP has overtaken BNB. XRP shows more progress than BNB at this time. The binanve team should have a good strategy to maintain their coin, BNB

 

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