Currently, the price of BNB has risen by 5% to $601, with a high chance of reaching the $700 mark. According to crypto analysts, BNB may even go higher if it takes advantage of the bullish sentiment in the market.
June is expected to be an extremely profitable month for BNB, bringing new highs.
Initially, BNB was issued as a central currency that helped fuel the growth of the Binance cryptocurrency exchange. The currency has taken many twists and turns since its inception in 2017.
Since then, it has been responsible for performing a range of functions, such as helping users get discounted prices on Binance when trading through the BNB currency.
The price of BNB is expected to rise significantly in June. This seems to be in sync with the rise of Bitcoin, which has broken the $70,000 mark.
According to the BNB forecast, it is likely to rise by 19.54% to $735.81. From all angles, there is a strong sense of optimism in general. BNB has risen by 47% in the past month.
These predictions for BNB depend on both the favorable and unfavorable sides of the coin. Therefore, BNB may trade at $652.81, up 6.05%.
This year seems to be very encouraging for the entire cryptocurrency space. This is reflected in all altcoins, with Bitcoin and BNB crossing all barriers in pricing. In this case, BNB may start trading at $1,025 by the end of the year.
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