Did you know BNB is one of the most successful ICOs of all time? Since 2017, it has done a whopping 4371x.
It also provides one of the lowest risk/return ratios in crypto. But today, we are looking at how many $BNB does it take to become a millionaire in 2025? Let’s find out.
Historical Performance & The Latest
A look at Binance’s recent performance shows us down slightly from ~$700 to its current $656 for the year-to-date. So that’s down about 8.5% in that time. But, the long term is very bullish from the low 200s in October 2023 to its price now, 18 months later. A nearly 3x.
After hitting an all-time high of $788 in December, BNB is down 16%. But markets have been chaotic and volatile so far this year for many, not only BNB. You may have seen that Coinbase joined the S&P 500 in the US. And that’s a big, big deal. As you know, Coinbase has the Base L2, but they have no token.
JUST IN: Coinbase to join S&P 500
— Bitcoin Magazine (@BitcoinMagazine) May 12, 2025
And what does this have to do with BNB? Well, you know BNB is owned by and backed by the influence of Binance. The only exchange around the world that’s bigger than Coinbase is Binance, with OKX and Bybit as a close 3rd and 4th. Base is driving value for Coinbase and vice versa. And Binance is driving value for BNB as BNB adds value for Binance.
As Coinbase’s influence grows, we see the path that could happen for Binance and BNB, too. Now, let’s go into more depth on what the charts say.
What Do The Charts Say?
On the resistance side of things, we hit an ATH in December, as I said. That’s at $788. From January and February, we have weaker resistance points at $720 and $700, respectively.
On the support side, our first major support point is at $499. From there, the next major point of support is down at $195. From there, we are getting down to 2021 levels of support, which I don’t think we’ll ever get to again. And now I’ll explain why that is….
The Burn Program
What the charts DON’T say is how aggressive BNB’s burn program is and how that affects price and future prospects. Binance’s own stated goal, many times over the year, is to get the total supply down from 200 million to 100 million through token burns.
The program includes burning 20% of Binance’s profits and burns on every transaction. The scheduled burn takes place every quarter. The most recent burn was for over 1.6 million BNB at a value of more than $700 million at the time. Binance wants BNB to go deflationary, and it is.
The 30th quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC).
1.63M #BNB has been burned.
View burn details
https://t.co/tmabJ0JAoH pic.twitter.com/dlUw8nRint
— BNB Chain (@BNBCHAIN) January 23, 2025
They are well on the way to getting down to 100 million. The current circulating supply and total supply are 145.8 million.
How Many BNBs to Become a Millionaire?
This burn program gives BNB holders a huge edge. After all, their current market cap of $95 billion is based on a price of $656 and a supply of 145 million. But if the value stays the same while the supply goes down to 100 million, then the price just on that change alone is $950. That’s an almost 50% return with no real growth from today.
So that is a factor in our calculations, as we expect they will hit their 100 million supply goal. First, at the current price of $656, you need 1524 $BNB to become a millionaire. At the current pace, it will likely take 5-7 years of quarterly burns to get to a 100 million supply. So we need to keep that in mind. Now, can $BNB reach $1000? It hasn’t yet, but can it? Absolutely. That’s a 50% ROI from here. And at $1000, you need 1000 BNB. A 5x on $BNB means the price is ~ $3300. At that price, you need 303 BNB.
Now it’s rare for us to talk about 10x possibilities for coins in the top 10 like BNB, which is currently at #5 by market cap. But a 10x is still under $1 trillion in total value. A 10x would be $6500, and at that price, you would need 153.8 BNB. But if we have a $1 trillion market cap with a smaller 100 million supply, then that equals a price of not $6500 but $10,000. And at $10,000, you need 100 BNB. That’s just under $66,000 at today’s prices.
It would likely take a couple of cycles for BNB’s market value to get this high. And it’s also why it’s a good chance the supply could get down to 100 million by then. No matter how you look at it, with Binance’s backing and its aggressive burn program, $BNB is one of the lowest-risk investments in our industry.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post How Much BNB to Be a Crypto Millionaire? appeared first on Altcoin Buzz.