Binance is one of the world’s largest cryptocurrency exchanges. In 2017, the exchange began offering services. It has more than 150 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 has dropped by 7.4% in the last 24 hours. BNB is trading at $239 at press time, according to CoinMarketCap data, with chances of more fluctuations.
BNB Price Prediction for November end 2023
Cryptocurrency experts at Changelly are offering their price prediction for the price of BNB in November-end 2023. According to the analysts, the coin is forecast to reach a minimum of $246 and a maximum of $337. The average price is expected to be $292.
However, the price can greatly fluctuate based on sentiments around the cryptocurrency exchange Binance. With uncertainty on what the future of Binance will look like without the leadership of CZ, the price of BNB can greatly fluctuate. The US government also charged Binance with conspiracy, conducting an unlicensed money-transmitting business, and violating the International Emergency Economic Powers Act.