Furthermore, it is Binance's host coin, which is the world's largest crypto exchange.ĭespite the crypto winter of 2018, BNB has held up well in the altcoin markets, and the price of Binance coin is still attracting attention in 2022. Is Binance Coin A Good Investment in 2022?īinance Coin is one of the most rapidly growing cryptocurrencies, and as a result, many market enthusiasts are bullish on the coin. However, the price has been severely affected by the market correction in December, and the charts seem to indicate that the decline may still be ongoing and end quarter for the BNB Token is not that great. The token sales with soccer teams like Lazio and Porto, which increased demand for the asset, were the lone bright spot for the BNB token over the last six months of 2021. The revenue is estimated to be around +609.39 percent after a 5-year investment.įrom the beginning of the year, the price was significantly high, ranging from 3000 INR to 24,000 INR, before skyrocketing to 50,064 INR on, the highest price to date at that time but as we move the last two quarter of the year 2021 BNB coin has struggled to maintain its growth.īr>The story of Binance coin 2021 has been centred on its widely publicised problems with regulators in almost 20 different nations. The Binance coin price is predicted to trade around $498 in 2022, according to Digital Coin Price, with a maximum price of $547 expected by November 2022.Ī long-term growth is projected, according to Wallet Investor's BNB estimate, with a price prediction of $2626.3. The maximum price is predicted to be $540, and the low price will be around $470. The circulation supply of Binance Coin is 15,58,55,196BNB coins, with maximum circulating supply being unlimited.Īccording to our short-term BNB price forecast, the Binance coin might hit $500 by the end of the year. In the last 24 hours, BNB-INR price has decreased by -8.24%.īinance Coin CoinMarketCap rank is 4. Through the ICO process, it provided 10%, or 20 million BNB tokens, to angel investors, 40%, or 80 million, to the founding team, and the remaining 50%, or 100 million, to the various participants.Īlmost half of the funds raised during the ICO were intended for Binance branding and marketing, with the remaining one-third going toward building the Binance platform and making essential changes to the Binance ecosystem.īinance Coin Price Today in India is ₹ 19,738.22 with a 24-hour trading volume of ₹1,24,90,75,33,213. It was launched in July 2017 as part of an initial coin offering (ICO) with a cap of 200 million BNB tokens. Other cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and others, can be exchanged or traded for BNB.īinance Coin was launched in July 2017 and worked with the ERC-20 token on the Ethereum blockchain before becoming the native currency of Binance's blockchain, the Binance Chain.īinance currency was originally based on the Ethereum blockchain and followed the ERC 20 standard, but it has subsequently become the Binance chain's native token. As an incentive, Binance Coin users receive a discount on transaction fees on the Binance Exchange. As of January 2018, the Binance Exchange was the world's largest cryptocurrency exchange, conducting over 1.4 million transactions every second. Binance Coin (BNB) is a cryptocurrency used on the Binance cryptocurrency exchange to trade and pay fees.

Binance coin price in 2018