By the end of 2022, Binance Coin (BNB) isn’t likely to have gained much. Holding until 2030, on the other hand, might result in significant gains for BNB investors. This is according to the newest Binance Coin Predictions Report from Finder.com.
Expert Opinion on Binance Coin
Fintech, crypto, and NFT experts make up Finder.com’s panel. They anticipate that by the end of 2022, BNB will be valued $527. This is the precise value of the coin at the start of 2022.
Only 7% of respondents believe BNB would be the top performing cryptocurrency this year.
Polkadot is the favorite of the panel (21 percent ). Out of all cryptocurrencies, Terra (14 percent) is the most popular, followed by Cardano (10 percent).
CoinFlip creator Daniel Polotsky predicted a price in 2022 that was on line with the panel average. The Binance Smart Chain (BSC), he claims, offers BNB an edge. “Binance Smart Chain (whose native token is BNB) is a solid blockchain with the added benefit of being backed by the world’s biggest cryptocurrency exchange. The fact that Binance is associated with BSC/BNB may cause some to doubt the exchange’s decentralization; yet, the exchange may leverage its platform and brand recognition to attract the world’s greatest developers to launch projects on BSC.”
Paul Levy, a senior professor at the University of Brighton, believes the coin will be worth $700 by the end of the year. “It’s a popular currency that should increase in tandem with the broader market (assuming that market grows as well).”
Rouge Ventures and Rouge International are led by Desmond Marshall. BNB, he believes, has promise. He believes that Binance’s success would be determined by how it addresses challenges like as government legislation and security. “BNB might be a dark horse in the race to ETH. Its cost is really reasonable for the average user, however the main concern is how Binance operates as a business.”
Not so fast
Elvira Sojli, an associate lecturer at the University of New South Wales, predicts just $300 for the stock market. BNB’s future is likewise bleak, according to John Hawkins, a senior academic at the University of Canberra. “Because it lacks a distinct unique identity, BNB’s price tends to fluctuate in lockstep with Bitcoin’s.”
Nonetheless. According to the panel average, BNB will be valued $975 by the end of 2025. This is before the price skyrockets to $2,488 by December 2030. This is nearly 372 percent more than the price of BNB at the start of the year.
Balthazar CEO John Stefanidis believes BNB will be worth $3,000 by 2030. He claims that the company is “built up for long-term success” because of its superior technology and “global regulatory compliance.” Excellent brand, great UX, and a strong ventures team.”
The creator of Finder, Fred Schebesta, is the most optimistic about the coin’s future. He forecasts a $10,000 price by the year 2030. It will, however, be entirely dependent on the Binance Smart Chain community.
“Like Ethereum, Solana, Avalanche, and Fantom, the price of Binance and the Binance Smart Chain (BSC) community will be totally dependent on their ability to grow confidence and capabilities for the protocol.” As they each take two steps ahead and one step back, it seems that value will rubberband between these top smart-contract ecosystems.”