Cryptocurrency

2024

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/expert-crypto-analysts-weigh-in-on-binance-coins-prospects/" data-wpel-link="internal">Expert Crypto Analysts Weigh In on Binance Coin’s Prospects</a> 
<a href="https://coin-turk.com/hos-geldin-2008-krizi-kidemli-kripto-uzmanlari-durumu-nasil-degerlendiriyor-eger-bu-olursa-btc-ucacak" data-wpel-link="internal">Cryptocurrency</a> market shows many <a href="https://coin-turk.com/kripto-paralara-kurumsal-kabul-icin-gerekenler-ethereum-karsiladi-mi" data-wpel-link="internal">altcoins</a> heading towards a negative weekly close, with <a href="https://coin-turk.com/binance-mujdeyi-verdi-ucuncu-olacak-amazon-detayina-dikkat" data-wpel-link="internal">Binance Coin</a> (<a href="https://en.coin-turk.com/regulatory-pressure-and-falling-value-concerns-about-binances-bnb/" data-wpel-link="internal">BNB</a>) among them. However, artificial intelligence (AI) platforms predict a recovery and further rise as the year ends. <a href="https://en.coin-turk.com/binance-executives-detained-in-nigeria-over-dispute/" data-wpel-link="internal">Binance</a> Coin has gone through a tough period like other cryptocurrencies, experiencing a drop of over 1.5% in the last 24 hours, while the gains since the start of 2024 have continued strongly, exceeding 75%, with losses still ongoing today. 
<h2 style="text-align: justify" id="what-will-be-the-price-of-bnb">What Will Be the Price of BNB?</h2> 
One AI algorithm, focusing on historical BNB price movements, technical analysis (TA) indicators, various charts, and impactful events, predicts that BNB could reach $838.12 by December 31, 2024, which would represent a potential increase of 54.10% if realized. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-332014" src="https://coin-turk.com/wp-content/uploads/2024/03/coincodex-bnb-coin-turk-com.jpg" alt="" width="763" height="263"> 
On the other hand, AI prediction platform CoinPriceForecast suggests that BNB’s price could see a 160% increase by the end of the year, reaching $1,416, and its AI predicts a potential mid-year price of $1,500 for 2025, settling at $1,336 by the end of that year. 
Additionally, OpenAI’s ChatGPT, based on current data and considering the ongoing upward trend, set a target above the current price level, predicting BNB could surpass $550 as a 2024 target. 
<blockquote> 
 Considering that BNB’s current price is $543 and some end-of-2024 predictions exceed this, combined with optimistic market sentiment, we can conclude that <a href="https://en.coin-turk.com/famous-investor-anticipates-long-term-rise-for-binance-bnb-token/" data-wpel-link="internal">Binance Coin</a> has strong potential to continue its upward trend. 
</blockquote> 
<h2 style="text-align: justify" id="how-much-is-bnb-worth">How Much Is BNB Worth?</h2> 
As of this writing, BNB is trading at $543.70, having experienced a 1.5% decline in the last 24 hours. Over the last seven days, the price has seen a 6.84% decrease, while data from March 22nd shows a 47.31% positive value in the last 30 days’ price movement. 
Furthermore, the BNB Smart Chain (BSC) continues to experience increased activity with a rising total value locked (TVL) and numerous transactions over the past month. All these factors are considered to potentially contribute to a positive outlook and price recovery for BNB in the future. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-332015" src="https://coin-turk.com/wp-content/uploads/2024/03/bnb-tvl-coin-turk-com.jpg" alt="" width="769" height="563"> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/expert-crypto-analysts-weigh-in-on-binance-coins-prospects/" data-wpel-link="internal">Expert Crypto Analysts Weigh In on Binance Coin’s Prospects</a></h5>

Expert Crypto Analysts Weigh In on Binance Coin’s Prospects

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