“Altcoins Are About to Explode” — Analyst Prediction For Ether, Solana, XRP, Cardano, Shiba Inu, PEPE

By Georgi Farfarov – March 8, 2024

Predictions and analysis come from many people in the dynamic crypto world. But recently, Michaël van de Poppe, a well-known crypto analyst, has made waves with his bold proclamation that this Bitcoin bull run is not just significant – it’s about to be a “giant” and possibly even a “supercycle.” In this article, we delve into van de Poppe’s insights and explore the implications of his prediction on the broader crypto landscape.

The Unusual Bitcoin Cycle

One of the standout features of van de Poppe’s analysis is his observation that Bitcoin has never reached an all-time high before its halving.

This altered occurrence has led the analyst to believe that the ongoing Bitcoin bull cycle holds extraordinary potential. Despite a recent correction that saw Bitcoin drop 8% from its $69,000 peak, van de Poppe remains optimistic, attributing the pullback to the natural flow of the crypto market.

Altcoins Positioned to Outperform Bitcoin

Contrary to the Bitcoin-centric focus that often dominates discussions, van de Poppe predicts that altcoins will be the real stars of the upcoming months.

Emphasizing their potential to outperform Bitcoin, he points to notable performers like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), which have made impressive moves in recent weeks.

Navigating the Crypto Landscape

While Robert Kiyosaki’s bullish prediction for Bitcoin reaching $100,000 by June 2024 sounds exciting, van de Poppe’s nuanced perspective offers a more detailed view of the crypto landscape. With his belief that altcoins like Ether, Solana, XRP, Cardano, Shiba Inu, and PEPE are about to dominate the current bull run, it’ll be interesting to see how both theories play out.

Expert analysis and predictions provide invaluable insights into the ever-evolving world of crypto. Michaël van de Poppe’s bold proclamation about the potential “giant” Bitcoin bull cycle and the anticipated outperformance of altcoins fuel the excitement surrounding crypto assets. The coming months promise to be dynamic, with altcoins potentially taking centre stage in the crypto arena.

DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Georgi Farfarov and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

XRP, Solana, Cardano, Shiba Inu Making Up for Lost Time as Big Whale Transaction Spikes Pop Up

By Brian Njuguna – February 19, 2024

As the crypto market continues to enjoy notable bullish momentum, altcoins are riding on this wave thanks to heightened whale transactions.

Taking on X (formerly Twitter), leading on-chain metrics provider Santiment acknowledged, “While Bitcoin profits are being distributed to various altcoins, several are showing signs of drawing whale interest.”

Therefore, Injective (INJ) and Basic Attention Token (BAT) have led the altcoin race as whales show soaring interest on the foundation of factors like their notable use cases.

For instance, INJ is revolutionizing the decentralized finance (DeFi) sector by enabling Web3 members to stake for rewards and approve proposals for protocol upgrades, among others.

Are Altcoins Eyeing Hype Cycles?

With Bitcoin recently breaching the $52,000 level, altcoins are eyeing this bullish run after several weeks of retracement.

Leading crypto analyst Rekt Capital acknowledged, “With the Bitcoin rally in progress, it’s a matter of time before that money flows into Altcoins. Altcoins are getting ready.”

Source: RektCapital

Therefore, this analysis suggests that altcoins might be gearing up for hype cycles that could increase prices.

Some top altcoins, such as Ethereum (ETH), have been leading the altcoin rally, given that the second-largest cryptocurrency based on market value is edging closer to the psychological price of $3,000.

ETH was up by 12.5% in the past week to hit $2,935 at the time of writing, according to CoinGecko data.

Therefore, altcoin bulls are not relenting on their quest to scale heights, with Solana (SOL), XRP, Shiba Inu (SHIB) and Cardano (ADA) recently recording massive gains after making a major U-turn.

DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brian Njuguna and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley