The method of carving a boat to seek a sword calculates how much BNB can rise in this round of bull market
BNB is the fourth largest cryptocurrency.
The highest price of BNB in the last bull market was $690.
The highest price of Ethereum in the first half of 2019 was $360.
The highest price of Ethereum in the first half of 2023 was $2140.
Taking into account the destruction of BNB, the total amount of BNB in the first half of 2021 was 170 million, and the total amount of the bull market in 2 years is expected to be 140 million, which is deflation of about 21%.
The price of BNB in the bull market is: 690✖️2140➗360✖️1.21=5010 US dollars
If Binance can maintain its position as the leader of the exchange in the next bull market, the price of BNB will reach $5,000.
Of course, this is just carving a boat to seek a sword, for entertainment reference only.