Binance is one of the world’s largest cryptocurrency exchanges. In 2017, the exchange began offering services. It has more than 169 million users worldwide. The exchange is straightforward for customers and has a low transaction fee.
There have been a lot of things happening around Binance. In one of the most recent updates, Binance CEO Changpeng Zhao stepped down as CEO and pleaded guilty to criminal charges. Following the reports, the price of BNB also dropped. However, the price has recovered recently.
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Binance Coin (BNB) is trading at $330 at press time, according to CoinMarketCap, with an 11% surge in value over the last 24 hours. Alongside the whole cryptocurrency market, Binance Coin is also trading in green. With the New Year almost here, here is our price prediction for BiNB for January 2024.
BNB price prediction for January 2024
Various factors, such as market conditions and price action, will determine whether Binance Coin (BNB) can shoot up in price in January 2024.
Based on BNB’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price prediction for Binance Coin for January 2024. For this timeframe, BNB’s price is anticipated to be $435. During January, the minimum price is anticipated to be $322. The maximum price is expected to reach $548.
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According to the latest CoinMarketCap data, Binance Coin is trading at $330. It’s had an 11% surge in value over the last 24 hours. BNB has currently surged past the $300 resistance, eyeing the next level even when the whole market trades in the red and green. However, prices can fluctuate and vary depending on the overall market conditions.