BNB Price Forecast: Can Binance Coin Retake $800 as Remittix Targets Its Planned $0.46 Final Stage?
BNB, the cryptocurrency associated with the Binance exchange, briefly touched $800 in September but has since pulled back to around $765. The question on investors' minds is whether it can reclaim this round-number level after a recent cooling in large-cap crypto.
Remittix, another project that has been gaining attention, has set a price target of $0.46 for its final presale tier and plans to launch on November 24. The project's early users are already experiencing a PayFi service that allows them to send cryptocurrency-funded money to compatible bank accounts.
The Binance exchange recently invested $100 million in Circle, a stablecoin issuer, and agreed to extend their partnership for five years. This move reinforces the narrative of exchanges investing in payment rails, which is seen as a key area of growth in the crypto space.