There are plenty of crypto coins out there to invest in, but which do you start with? Some currencies you may have heard of, some you have not. From the kingpin Bitcoin to the made popular by Elon Musk Dogecoin, knowing what coin to invest in can be a bit of a challenge at times.
Launched in 2017 and part of the largest cryptocurrency exchange, Binance is among the most popular names in the crypto world.
From its inception till the start of 2021, the price of Binance Coin has not experienced any astonishing spikes. From the start of 2021, there was a steep rise in the price.
According to CoinMarketCap, BNB is priced at $662.07 as of 7 November 2021. In the past month, the cryptocurrency has followed a consistent uptrend, going from $424 to nearly $666.
There are sources that suggest the coin will be worth close to $1850 in 2025. This is thrice what the coin is worth at present (November 2021). On the other hand, some very optimistic predictions have quoted values far greater than this.
Technical analysis and expert forecasts suggest that it is a smart idea to buy Binance Coin. This cryptocurrency has a very promising future ahead.