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

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Binance Coin Price Prediction

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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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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