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Binance Coin Price Prediction: What Awaits BNB in 2019 and Beyond - Global Coin Report
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Binance Coin Price Prediction: What Awaits BNB in 2019 and Beyond

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Binance Coin Price Prediction
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By now, most people in the crypto space know about Binance Coin (BNB) — a cryptocurrency developed by Binance crypto exchange, and one of the top performing coins in 2019 so far. In the last few months, many have been especially bullish about this coin, while the coin itself managed to outperform pretty much every cryptocurrency out there.

Since the year started, BNB managed to triple its price, surging from around $5 to $15.83. Even now, at the time of writing, the coin’s price is at $15.51, with a growth of 5.53% in the last 24 hours. If Bitcoin were to perform this well, its price would now be around $12,000 per coin, instead of only $4,000.

There is, of course, a reason for BNB’s growth — several, actually. It has been created and backed by the largest exchange in the world by trading volume, and it has become the native cryptocurrency of Binance ecosystem. It provides its users with a huge discount in terms of trading fees, and it is the only cryptocurrency that can be used for buying new tokens which are being sold on Binance Launchpad.

Further, since the launch of Binance Jersey, a new project targeting European markets, BNB can also be exchanged for GBP and EUR, which provides investors with a new gateway into the crypto space. In addition, Binance is holding regular quarterly token burns which reduce the coin’s circulating supply, thus ensuring the existing coins’ value.

Finally, Binance is working on developing its own blockchain, as well as its own decentralized exchange, which will be fueled by BNB. The DEX is still in its beta version, with Binance currently gathering feedback from those who are testing it. However, once the Binance Chain and Binance DEX go live, the coin will be their base currency, which will give it even more use cases, and even a higher price.

But, the question that traders and investors around the world are asking is — how high can BNB actually go? What to expect when it comes to its price?

BNB price predictions

As mentioned, BNB has seen massive growth since the year started. Its gains were so high that it is now considered the only coin in the market that has decoupled from Bitcoin, which puts it in a unique position to carve its own path, and not have to depend on BTC.

This has been one of the reasons why BNB managed to triple its price in less than three months. As March approaches its end, many are wondering how BNB might perform in April?

Well, depending on the predictions, BNB might either continue its growth or see a price correction which will bring it down to an average price of $7.14. So far, there were no indications that the coin’s price will drop, and a recent correction has been only a minor one, and its impact has already been nullified by the current surge.

However, if BNB does drop to the mentioned price, it will continue to grow once again from there. By the end of 2019, this scenario sees BNB back at around $10.11, while it will once again reach its current price by July 2020.

However, it should be mentioned that this is a highly unlikely scenario. As mentioned, BNB has no reason to drop anytime soon, at least not to this extent. Further, the launch of Binance Chain and Binance DEX are bound to send the coin’s price to the moon, whether it drops or not. The calculations that saw BNB’s drop only included the coin’s past performance and were based on the patterns it had gone through earlier.

However, considering that the coin spent most of its lifetime in a bearish market, it is clear that this is the worst possible scenario, which is, once again, not very likely.

But, even if we do take this approach to the coin, the same predictions see BNB hit an average price of around $105 by the end of 2022, meaning that even the grimmest predictions for BNB see it skyrocketing in years to come.

BNB future remains bright no matter what happens in April or following months, as Binance developers made quite smart moves in giving the coin its numerous use cases, with even more of them being announced. Many investors have recognized this, and they are buying the coin while it is still cheap. This has brought its daily trading volume to around $155 million, which is impressive considering that most of the coin’s activity and usage comes from Binance alone.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Top 4 Cryptocurrencies to Bet on in 2019

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top 4 cryptocurrencies
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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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