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Here’s How Much Your $1000 Investment in Binance Coin Will Be Worth If BNB Reaches $500

BNB recorded an all-time high of $690 in May 2021. Since its inception, it has given a ROI of a whopping 230,184.69%.
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Here’s How Much Your $1000 Investment in Binance Coin Will Be Worth If BNB Reaches $500

BNB, the native cryptocurrency of Binance’s ecosystem, has become a behemoth in just a span of a few years, gaining a market capitalization of $42 billion and a daily trading volume of $8 million.

Starting from a price of $0.1 in 2017, BNB recorded an all-time high of $690 last year (in May 2021). Since its inception, it has given a ROI of a whopping 230,184.69% (the estimated return on investment if bought at the time of launch or at the earliest known price).

BNB is currently trading at $264.82, which is 61.60% down from its all-time high. BNB has seen a 7.19% price decline in the last week and a 4.24% decline in the last month. Its value has slumped by 3.70% in the last 3 months and by 49.78% in the last year.

However, according to Cryptopredictions.com, BNB will cross the $500 mark by 2026. Given BNB’s all-time high and its market capitalization, it is very likely that BNB will breach the $500 barrier in the next bull run (or in the coming years).

Also Read: How Much $100 Investment in Dogecoin Will Be If It Reaches $1

Here’s How Much Your $100 Investment in Binance Coin Will Be Worth If BNB Reaches $500

Let’s assume that you decide to invest $100 in Binance coins. At the current price of $264.82, you would get approximately 0.377 BNB coins. If BNB reaches $500, you will make approximately $188.80, which is a 1.8x (or 180%) return on investment.

Similarly, if you buy $1000 worth of BNB today at the current price, you will get 3.77 BNB coins. When BNB reaches $1, you will make approximately $1888 on your investment.

Disclaimer: This is not investment advice. Please do your due diligence before investing in any asset.

Also Read: Here’s What Your Portfolio Would Look Like Today If You had Bought BNB Worth $1000 in 2020

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Dhirendra Kumar

Dhirendra is a writer, producer, and journalist who has worked in the media industry for more than 3 years. A technology enthusiast, a curious person who loves to research and know about things. When he is not working, you can find him reading and understanding the world through the lens of the Internet.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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