📈 ¡$BNB TO THE MOON! 🚀 Standard Chartered FORECASTS a MORE THAN DOUBLE INCREASE by 2025! 💰
The asset management giant Standard Chartered predicts a BRIGHT FUTURE for #bnb ! ✨ According to their report, Binance's native token on the BNB Chain could MORE THAN DOUBLE its price by the END OF 2025, reaching $1,275 USD! 😲 And that's not all! By the END OF 2028, they predict that BNB could skyrocket to $2,775 USD! 🤯
Standard Chartered highlights the NEAR-PERFECT CORRELATION of BNB with an unweighted basket of $BTC and $ETH since May 2021 in terms of performance and volatility. 📊 They expect this relationship to hold, driving the price of BNB from its current levels near $600 USD! 🚀
Despite the fact that the BNB Chain has less developer activity and a more DEX-focused ecosystem compared to other L1s like Ethereum and Avalanche, Standard Chartered sees this as a SOURCE OF STABILITY. 🛡️ As long as Binance remains one of the largest CEXs, the value factors of BNB are likely to remain! 💪 They even suggest that BNB could serve as a BENCHMARK for digital asset prices in general! 🤯
Additionally, the asset manager VanEck recently applied for the listing of the FIRST BNB ETF in the United States! 🇺🇸 This could open the doors to greater institutional investment in BNB! 🏦
Do you think Standard Chartered's prediction for BNB will come true? What factors could drive or hinder this growth?