Binance Coin (BNB) surged by 7% recently, leading the altcoin surge and getting ahead of other market leaders. As per predictions, the price of BNB is expected to hit $1000 by 2024, along with
increased investor interest triggering
short liquidations.
In comparison to other cryptocurrencies like Solana, Ether, and BlockDAG,
BNB was listed among the top Crypto to invest in 2024. With its 4th Anniversary being celebrated in September, the coin will feature several
community events and rewards.
Binance Coin showed a bullish reversal with a projected target price of $635. As an
Exchange Based Token, BNB and Ethereum are right now in high demand with significant interest from
crypto whales. As Bitcoin made a comeback by reclaiming $60,000, other coins, including BNB, ETH, XRP, surged as well, moreover,
Market Sentiment seemed to boost BNB price chances of retesting $600.
While BNB is
experiencing a breakout, trends suggest a potential rally, specifically, toncoin (TON) joining Binance launchpool helped
stake and earn with BNB. As per price analysis,
BNB defied odds amidst turbulence, with eyes on $1000 price target.
BNB Coin News Analytics from Wed, 20 Mar 2024 07:00:00 GMT to Tue, 20 Aug 2024 22:37:47 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -6
