Binance Coin Rockets 10,000x In 8 Years, Is $1,000 Next?

Key Points

1. Binance Coin (BNB) launched in 2017 at $0.06 and has since increased in value by over 10,000 times, reaching approximately $700 as of the article's writing.

2. A $100 investment in BNB in 2017 would now be worth over $1 million due to its massive price appreciation.

3. BNB's price has shown significant growth, rising from less than $250 in November 2023 to $580 in April 2024, suggesting potential for further increases.

4. Investors are now targeting a $1,000 all-time high (ATH) for BNB, given its historical growth trajectory and increasing adoption.

5. As of the article's publication, BNB was trading at $704.27, with a 2.01% increase in the last 24 hours and a 30.61% increase in trading volume.