US President Donald Trump pardoned Binance founder Changpeng Zhao (CZ). The decision was welcomed by the broader cryptocurrency sector, giving a boost to investors’ confidence. The development made clear that the White House is siding with the cryptocurrency market, signaling a positive future for the industry. On the heels of the pardon, Binance Coin (BNB) is receiving positive sentiments and is estimated to double in price.
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BNB Coin: Binance Predicted To Rise 100% Next and Double Investor’s Money
Leading on-chain metrics and price prediction firm CoinCodex has projected a bullish picture for Binance Coin. According to the forecast, Binance Coin (BNB) is projected to surge by more than 100% during the first half of 2029. The price could reach close to the $2,000 range and head north thereafter.
“Binance Coin (BNB) price prediction for 2029 is between $1,486 on the lower end and $2,870 on the high end. Based on our BNB price prediction chart, the price of Binance Coin could gain 157.61% and reach $ 2,870.03 if it reaches the upper price target,” read the forecast.
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In addition, the majority of analysts have given a ‘buy’ call for Binance Coin (BNB). Coming to the short-term forecast, the on-chain metrics firm predicted it to reach a high of $1,152. “Based on our technical indicators, Binance Coin’s 200-day SMA will rise in the next month and will hit $864.48 by November 24, 2025. Binance Coin’s short-term 50-Day SMA is estimated to hit $1,152.67 by November 24, 2025,” read the forecast.
Binance Coin (BNB) is currently trading at the $1,115 range on Saturday. Therefore, the leading altcoin is projected to rise close to 3.5% in the coming weeks. The altcoin has been bullish throughout the year and has spiked close to 100% in a year. It is also among the top-performing cryptocurrencies in 2025.