Binance Price Predictions: What’s Next for the BNB Crypto After Founder Steps Down?

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Binance (BNB-USD) price predictions are a hot topic among crypto traders on Wednesday as they react to the founder and CEO of Binance stepping down.

The big news here is Binance CEO Changpeng Zhao departing the company as well as Binance facing a $4.3 billion fine. This comes after U.S. regulators investigated the crypto exchange company for breaking anti-money laundering laws. Reports claim that Binance processed more than $10 billion in illegal payments in 2022.

As part of all of this news, the Binance CEO will be pleading guilty to the charges against him. While the ruling keeps him from acting as CEO of the company, he is still its majority shareholder.

All of this news has crypto traders wondering what’s next for Binance following the departure of its CEO. Let’s get into the latest price predictions for BNB below!

Binance Price Predictions

  • CryptoNewZ expects Binance to close out 2024 between $510 and $645 per coin.
  • DigitalCoinPrice holds an average price estimate of $567.04 for BNB in 2024.
  • Coin Price Forecast is last on our list with a 2024 price prediction of $234.

To put those price predictions in perspective, Binance was trading for $232.09 as of Wednesday morning. Investors will note that the crypto is down 7.6% over the prior 24-hour trading period.

Investors who are looking for more of the latest coverage of the crypto space will want to keep reading!

We have all of the hottest crypto news that traders need to know about on Wednesday. Among those are several cryptos that traders will want to keep an eye on in the near future. You can check out all of that information at the following links!

More Crypto News for Wednesday

On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.


Article printed from InvestorPlace Media, https://investorplace.com/2023/11/binance-price-predictions-whats-next-for-the-bnb-crypto-after-founder-steps-down/.

©2023 InvestorPlace Media, LLC

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