$BNB

Standard Chartered's "divine prediction"? They say BNB could potentially double by the end of this year, reaching $1275! Even more outrageous, by the end of 2028, this guy could soar to $2775!

Is $1275 and $2775 really feasible?

First, let's talk about this year's $1275. Currently, the price of BNB is around $600. Doubling to $1275 sounds a bit exaggerated. During the bull market in 2021, BNB skyrocketed from $40 to $690, increasing 17 times!

Now, with the “crypto-friendly” policies under Trump's administration and expectations of interest rate cuts by the Federal Reserve, hot money may flock to the market. If Binance makes some big moves, like if the BNB ETF promoted by VanEck actually gets approved, $1275 might just be a “small target.”

As for the $2775 in 2028, that sounds even more like a “grand ideal.” In just over three years, to increase more than 4 times means an average annual growth of over 50%. This would rely on Binance's ecosystem continuing to excel, such as BSC 3.0's cross-chain technology staying ahead, a burning mechanism driving up the coin price, and global regulations not causing trouble. However, anything can happen in the crypto world, and it's wise to be wary of black swan events.

Should you get on board?

Standard Chartered's prediction feels like giving BNB a shot of adrenaline; the targets of $1275 and $2775 sound tempting. If you are a die-hard fan of Binance and believe its ecosystem can continue to "expand its territory," you might consider testing the waters with a small position.

I will buy 3 coins to test the waters!!!