Currently, the pricing of BNB has increased by 5%, reaching the figure of $614, with every probability of it hitting the $700 mark. As per crypto analysts, if BNB takes advantage of the bullish sentiment about the markets, it may even go higher.
It is being predicted that June will be extremely lucrative for BNB, thus bringing about a fresh ATH.
Initially, BNB was released as a central coin, helping boost the Binance crypto exchange. Since its inception in 2017, the coin has traversed many a meandering path. From then onwards, it has been responsible for carrying out an entire array of functions, such as assisting users in getting discounted prices on Binance during transactions through the BNB coin.
Advertisement
The price of BNB is expected to increase substantially in June. This seems to be in sync with the rise in Bitcoin, which achieved the $70,000 mark.
According to the BNB forecast, it seems likely that it will increase by 19.54% and reach $735.81. If viewed from all angles, there is an overall feeling of strong optimism. BNB witnessed a 47% upward trend over the last month.
These predictions regarding BNB rely on both the favorable and unfavorable sides of the coin. Owing to this, the trading price of BNB could reach $652.81, indicating a rise of 6.05%.
Advertisement
This year is seemingly highly encouraging for the entire crypto space. It reflects on all altcoins, with Bitcoin and BNB crossing all barriers about pricing. Under these circumstances, BNB may start trading at $1,025 by the end of the year.
