In our Binance Forecast 2021, we take a look at BNB’s opportunities and risks. To do so, we look at the short-term outlook as well as the fundamentals.
What is the potential, and can investors expect rising prices?
The mood for 2021 is optimistic, and the majority of analysts and experts, therefore, expect the market to develop positively. On the stock market, too, tech stocks around Amazon and Alphabet, in particular, are among the big winners.
The megatrend of digitalization is not only driving traditional industry but also affecting the way we interact with money and finance in cryptocurrencies.
While the outlook for the crypto market as a whole is optimistic, the question for individual cryptocurrencies is more nuanced. In this article, we look at the Binance forecast for 2021.
Binance (BNB) is now the largest crypto exchange in the world. With a daily trading volume of over $23 billion and 283 different cryptocurrencies, Binance is by far one of the biggest players in the market.
With the Binance Coin (BNB), the trading platform’s native cryptocurrency, an entire ecosystem has been created with many different use cases and incentives. These include the Binance Smart Chain (BSC), staking, farming, and more.
This is unique in this form and has taken hold over the last few years for a reason. Binance users get an all-in-one solution that leaves nothing to be desired.
The success story of Binance began in July 2017 with an ICO (Initial Coin Offering) whereby a total of 15