Binance Coin (BNB) is on a tear after the recent SEC decision on Bitcoin ETF, surging towards its all-time high. Meanwhile, savvy investors of Monero (XMR) and Hedera (HBAR) are rushing to the presale of emerging crypto InQubeta (QUBE). Let’s take a closer look at these developments.
Binance Coin is experiencing a meteoric rise, and many experts are predicting it’s on the cusp of reaching a new all-time high (ATH). Recently, it saw a phenomenal 7% price increase, propelling BNB closer to the coveted $610 mark, currently trading at $529.
This bullish momentum isn’t without reason. Market trends are favoring BNB lately, partly thanks to Bitcoin’s recent performance. Plus, the launch of cool projects like ether.fi (ETHFI) on the Binance Launchpool, where users can earn ETHFI by staking BNB, are adding fuel to the fire.
Big-shot crypto analysts like Altcoin Sherpa are pretty sure BNB is gearing up to revisit and maybe even top its previous peak of around $680. Sherpa’s been crunching the numbers and thinks a new all-time high (ATH) is within reach in the coming months .
Captain Faibik, another big deal in the crypto scene, agrees. He points out that BNB has blown past his earlier prediction by a whopping 120%. Faibik originally said BNB would hit a new ATH in the first half of 2024, and the current price action seems to be right on track with that.
Looking at the big picture, BNB has recently shot up by an impressive 57% over a one-month period. This kind of momentum sets the stage for BNB to potentially climb into new territory, with investors worldwide keeping a close watch on its journey to an unprecedented ATH.
InQubeta (QUBE) is attracting investors of top coins like Monero and Hedera by offering a blockchain ICO pl