Binance Coin (BNB) is the most popular coin currently in the crypto space. Binance has a network, namely the Binance Smart Chain (BSC), which is the most widely used by companies for their projects because of the relatively low cost. In addition, Binance also has an Exchange with a large number of transactions every day. October 2021, seems to be a very good month for Binance because of the pretty good price movement. Now that BNB is at $526, will BNB reach $1K?
By considering the level of businesses that binance is doing right now, I guess they may keep pumping BNB to extreme levels for sure. At the same time, I read that they are acquiring many businesses which includes other exchanges hence they may deviate from their primary goal of making BNB more successful still I guess they may keep it pumping to $1k and then $10k if they maintain priority over BNB always.
They are also having stabelcoins which means they definitely will get enough funds to take BNB wherever they want to. So, $1k seems not a big target for binance given that they may not face big problems from all over the governments and hackers.