🚀 BNB's Bullish Forecast: $2,775 by 2028? 📈
Standard Chartered's head of digital assets research, Geoff Kendrick, projects that Binance Coin (BNB) could soar to $2,775 by the end of 2028. This forecast suggests a potential increase of over 360% from its current price of approximately $600.
Kendrick attributes this optimistic outlook to BNB's consistent correlation with Bitcoin and Ethereum since May 2021, both in returns and volatility. He anticipates this trend will continue, driving BNB's price upward.
For this projection to materialize, Binance must maintain its position as a leading centralized exchange. Kendrick notes that BNB's value drivers are closely tied to Binance's dominance in the market.
📊 BNB Price Snapshot:
Current Price: $597.32
24h Change: -0.52%
Intraday High: $599.69
Intraday Low: $593.48
As BNB continues to demonstrate resilience and growth, it remains a token to watch in the evolving cryptocurrency landscape. #BNB #Binance #Intraday #24h