Binance is a global cryptocurrency exchange catered to over 171 million users worldwide, marking 4 years of leading the crypto landscape since its establishment back in 2017. As known for its intuitive user interface and competitive transaction fees, its presence in the spotlight increased recently due to the shocking resignation from its CEO, Changpeng Zhao, who later plead guilty to criminal charges. This promptly led to a drop in the price of BNB, its native cryptocurrency, yet more recent data exhibit a powerful retouch, with BNB currently trading at $319 which manifests a 0.5% rise in the last 24 hours.
Meanwhile, the entire cryptocurrency sector dips in the red, pointing dilettantes, traders, and enthusiasts towards predicting the movement of BNB ($350 in January) based on historical movements observed more towards the beginning of 2024. Partial results predict a 2021 short-term flow containing a BNB price printing in between $318 – $572, strongly relying on overall market demand. stand-easy to see if Binance’s BNB coin can remain its upwards congestion into 2021, experts heavily advise observational attention being placed to market conditions and calculated price data in iteration with combination cryptocurrency airborne transmissions.
An extra stimulus comes provided by Changelly’s powerful predictions envisioning a steady BNB figure of at least $350 byearly January 2024.
