A panel of crypto industry experts “sees a pretty bright future” for Binance coin, predicting that bnb will rise to $781 by 2025 and $1,814 by the end of 2030. One expert explained that “As the bnb chain ecosystem continues to grow, the price may now as high as $3,000 by 2030.”
BNB’s price estimate
Price comparison portal Finder updated its binance coin (BNB) price predictions on Monday. The company explained that earlier this month it surveyed a “panel of 54 industry specialists to provide their predictions on the binance coin’s price between now and 2030.”
Find in detail:
Our panel believes the Binance coin (BNB) will be worth $274 by the end of 2022 before rising to $781 by 2025.
The panel also expects the binance coin’s price to continue to grow, “fluctuating to $1,814 by the end of 2030.”
At the time of writing, BNB is trading at $265.71, up 3.4% in the last 7 days and 14.5% in the last 30 days, based on data from Bitcoin.com Markets. Binance coin is the world’s fifth largest cryptocurrency measured by market value.
Ben Ritchie, CEO of Digital Capital Management and one of the experts on the panel, “is bullish on BNB, expecting the coin’s value to reach $300 by the end of the year,” Finder noted.
“The price of BNB also follows supply and demand. BNB introduced a burn mechanism in all transaction fees and conducted quarterly burns, making it a deflationary asset,” described Ritchie. “BNB Chain also plans to support a layer 2 chain in the network, which could be useful in the future as they may suffer from the same gas fees as Ethereum.” He elaborated:
As the BNB chain ecosystem continues to grow, the price may reach as high as $3,000 in 2030.
The experts were also asked if it is time to buy, sell or hold binance coin right now. Finder noted:
While the panel sees a fairly bright future ahead of BNB, only 20% say it’s time to buy. The majority (50%) of the panel say it’s worth holding on to your BNB, with another 30% advising to sell.
The panel includes university directors, heads of crypto exchanges, crypto research analysts and executives from various firms with crypto-related products.
Finder’s experts also recently made predictions about several other cryptocurrencies, including bitcoin (BTC), ether (ETH), cardano (ADA), and solana (SOL). In May, the panel predicted the death of meme cryptocurrency shiba inu (SHIB).
What do you think of the expert panel’s Binance coin (BNB) predictions? Let us know in the comments section below.
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