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Altcoins Are About to Explode Analyst Prediction For Ether Solana XRP Cardano Shiba Inu PEPE

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“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

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Pantera is Raising 250M to Buy SOL from FTX Estate: Report

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Pantera is Raising $250M to Buy SOL from FTX Estate: Report

Lucky Ebosele | Last updated March 7, 2024 | @ 14:43

Crypto-focused asset manager Pantera Capital is reportedly raising money from large investors to buy discounted Solana tokens from the bankrupt FTX estate.

Pantera Seeks to Raise $250M

According to a Bloomberg report that cited marketing materials sent to prospective investors, Pantera is seeking funds for the ‘Pantera Solana Fund,’ which would have the option to buy up to $250 million worth of SOL tokens from FTX at $59.95 or 39% below the average price over the past 30 days.

The report stated that investors would have to agree to a vesting period of up to four years in exchange for this discount.

Pantera was aiming to close the fund by the end of February, but it is unclear how much money they were able to raise. Investors participating in the fund must invest at least $25 million and have their SOL tokens initially locked and gradually vested over four years.

The asset manager plans to charge a management fee of 0.75% and a performance fee of 10%.

Pantera’s investment is an opportunity to capitalize on the discounted price of SOL and potentially profit as the Solana ecosystem grows. On the other hand, the deal will allow FTX to offload its SOL holdings and return value to creditors without putting immediate pressure on the token’s price.

SOL Performance Post-FTX Implosion

As of Wednesday, March 6, FTX held 41.1 million SOL tokens, worth approximately $5.4 billion in current prices and equivalent to 10% of the token’s total supply.

Since the FTX implosion in November 2022, SOL’s price has surged by nearly 4x after facing a tumultuous period. Over the past year, the token has jumped by approximately 650%, thereby increasing the value of FTX’s holdings and giving the firm the opportunity to fully repay creditors.

SOL was trading at $142.10 at press time, representing an 11.37% increase in the past 24 hours.

Disgraced FTX co-founder Sam Bankman-Fried (SBF) was a major backer of the Solana network. Moreover, FTX and its sister company, Alameda Research, were heavily invested in the Solana ecosystem.

DISCLAIMER

Information found on this website is those of the writers quoted. It does not represent the opinions of Coinfomania on whether to buy, sell, or hold any investments. Readers must conduct their own research before making any investment decisions. Use the provided information at your own risk.

The original article written by Lucky Ebosele and posted on Coinfomania.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

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Gold price vs Bitcoin price record rally: Mixed market signals here’s what it all means Gareth Soloway

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Gold price vs. Bitcoin price record rally: Mixed market signals, here's what it all means — Gareth Soloway

(Kitco News) – Are the gold and Bitcoin rallies sending mixed messages to the market, and which narrative should investors pay attention to more? Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, breaks down the two signals.

Even though gold and Bitcoin rallied in tandem — the two assets sent different kinds of messages to the market about the global risk appetite, Soloway told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.

As Bitcoin topped $69,300 and set a new record high on Coinbase — the largest crypto exchange in the U.S. — on Tuesday, gold rallied to new all-time highs above $2,100 and even extended that rally the following day, trading above $2,150 an ounce.

A simultaneous record high for gold, a traditional safe-haven, is in contrast to Bitcoin, which still trades as a risk asset despite being viewed by some as a store of value, Soloway said.

"The risk-on environment is driving Bitcoin. We've seen the stock market making new all-time highs. The NASDAQ has been really running, but we've seen other sectors in the S&P lagging technology," he explained. "That's been driving the stock market in Bitcoin with money flow. There's also excitement about the spot ETF inflows. The talk has been contributing to this GameStop, AMC-type run in this asset."

In gold's case, Soloway points to smart money getting involved in the trade. "I'm convinced that smart money is at a point here where they're starting to say, this is a bubble in these risk assets, and therefore, they're rotating [into gold.] You got the momentum kicking in now," he said.

Soloway pointed out that viewing gold as unimportant is a mistake. "The central banks, the ones that print all the money, are buying the most gold," he said. "That's the smart money. Institutions and hedge funds are not so smart. They're included with everyone else, and they're running after Bitcoin. They're running after stocks."

What's next for Bitcoin

Soloway describes the recent Bitcoin rally as a "culmination of greed," with people chasing the market, which creates a highly volatile environment.

"Just looking at the last week, we're up from $50,000. The momentum of that carried up to this all-time high, but it's also known as a technical double top," he described. "There's notoriously going to be players that are selling into that level or shorting it. And when you get to this point of euphoria, it gets every last buyer in so that when those sellers and shorters start pounding it down, there's no one left to buy."

For Soloway's breakdown of Bitcoin's immediate support and resistance levels, watch the video above.

Soloway warns that if the stock market tops out and sells off, Bitcoin is at risk of following in its footsteps. "This has been my thesis for a long time — if the stock market sells off dramatically, Bitcoin comes in dramatic as well," he said.

In risk-off trading conditions, Bitcoin retraces back. For Soloway's price forecast in this scenario, watch the video above.

For insights on how steep the market selloff could be and the immediate triggers for the price reversal, watch the video above.

Soloway also reveals where he sees Bitcoin in May and at the year-end. For his longer-term price calls, watch the video above.

What's next for gold

This gold breakout, which has been long coming, is just the start for gold and gold miners, Soloway noted.

"This is huge for gold. We've been hovering right up against this level since the 2020 COVID run," he said. "You can calculate the next target via an inverse head and shoulders, and it gives us a $2,500 an ounce."

On when gold can hit this price target, watch the video above.

Soloway also breaks down the contradiction between gold reaching new all-time highs and gold ETFs continuing to see outflows.

"Gold has stayed so close to its all-time highs because there is demand. There's massive demand from governments stockpiling. It has to do with the debasement of currencies. These central banks know that they will have to, at some point, turn the printing presses on. How do you backstop your own? You have to buy that gold," he said.

For other assets, Soloway is bullish on going into the spring and summer, watch the video above.

Kitco Media

Anna Golubova

Time to Buy Gold and Silver

Tim Moseley

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What is IT Security? Check Point Software

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Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

Security News

What is IT Security? Check Point Software

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IT security

Whilst no measures can completely guarantee the prevention of an attack, these measures can help mitigate the damage of possible attacks. It is possible to reduce an attacker’s chances by keeping systems up to date with security patches and updates and by hiring people with expertise in security. While formal verification of the correctness of computer systems is possible, it is not yet common. In order for these tools to be effective, they must be kept up to date with every new update the vendor releases. Some organizations are turning to big data platforms, such as Apache Hadoop, to extend data accessibility and machine learning to detect advanced persistent threats.

Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities, such as open ports, insecure software configuration, and susceptibility to malware. In computer security, a countermeasure is an action, device, procedure or technique that reduces a threat, a vulnerability, or an attack by eliminating or preventing it, by minimizing the harm it can cause, or by discovering and reporting it so that corrective action can be taken. When a target user opens the HTML, the malicious code is activated; the web browser then decodes the script, which then unleashes the malware onto the target’s device. In early 2016, the FBI reported that such business email compromise (BEC) scams had cost US businesses more than $2 billion in about two years. However, they are also multi-staged, meaning that “they can infiltrate networks and move laterally inside the network.” The attacks can be polymorphic, meaning that the cyberattacks used such as viruses, worms or trojans “constantly change (“morph”) making it nearly impossible to detect them using signature-based https://cognifyo.com/articles/bypassing-phone-lock-codes-exploration/ defences.”

IT security

The challenges in IT security shift constantly, presenting organizations with persistent obstacles. Network security protects the infrastructure from unauthorized access, misuse, or damage by using firewalls, encryption and other tools. IT security is broader than cybersecurity, covering all aspects of protecting an organization’s data, software, hardware and infrastructure — not just protection against cyberattacks. Finally, mission-critical assets like operating systems, health records, software tools, financial records and cloud infrastructure make up the mission-critical layer.

Check Point IT Security Solutions

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These should cover password management, incident reporting, and other security processes. Begin with a comprehensive security policy that clearly articulates protection measures for hardware, software, networks, and data. These range from cyberattacks to equipment theft or power failures. How to safeguard data, prevent breaches, and stay ahead of evolving https://clomidxx.com/why-careful-planning-is-key-in-building-a-mobile-strategy/ risks. IT security policies are designed to keep assets confidential from unauthorized entities, maintain integrity over the modification of assets, and ensure assets will remain continuously available to authorized users.

IT security

Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

Security News

What is IT Security? Check Point Software

Leave a comment

IT security

Whilst no measures can completely guarantee the prevention of an attack, these measures can help mitigate the damage of possible attacks. It is possible to reduce an attacker’s chances by keeping systems up to date with security patches and updates and by hiring people with expertise in security. While formal verification of the correctness of computer systems is possible, it is not yet common. In order for these tools to be effective, they must be kept up to date with every new update the vendor releases. Some organizations are turning to big data platforms, such as Apache Hadoop, to extend data accessibility and machine learning to detect advanced persistent threats.

Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities, such as open ports, insecure software configuration, and susceptibility to malware. In computer security, a countermeasure is an action, device, procedure or technique that reduces a threat, a vulnerability, or an attack by eliminating or preventing it, by minimizing the harm it can cause, or by discovering and reporting it so that corrective action can be taken. When a target user opens the HTML, the malicious code is activated; the web browser then decodes the script, which then unleashes the malware onto the target’s device. In early 2016, the FBI reported that such business email compromise (BEC) scams had cost US businesses more than $2 billion in about two years. However, they are also multi-staged, meaning that “they can infiltrate networks and move laterally inside the network.” The attacks can be polymorphic, meaning that the cyberattacks used such as viruses, worms or trojans “constantly change (“morph”) making it nearly impossible to detect them using signature-based https://cognifyo.com/articles/bypassing-phone-lock-codes-exploration/ defences.”

IT security

The challenges in IT security shift constantly, presenting organizations with persistent obstacles. Network security protects the infrastructure from unauthorized access, misuse, or damage by using firewalls, encryption and other tools. IT security is broader than cybersecurity, covering all aspects of protecting an organization’s data, software, hardware and infrastructure — not just protection against cyberattacks. Finally, mission-critical assets like operating systems, health records, software tools, financial records and cloud infrastructure make up the mission-critical layer.

Check Point IT Security Solutions

IT security

These should cover password management, incident reporting, and other security processes. Begin with a comprehensive security policy that clearly articulates protection measures for hardware, software, networks, and data. These range from cyberattacks to equipment theft or power failures. How to safeguard data, prevent breaches, and stay ahead of evolving https://clomidxx.com/why-careful-planning-is-key-in-building-a-mobile-strategy/ risks. IT security policies are designed to keep assets confidential from unauthorized entities, maintain integrity over the modification of assets, and ensure assets will remain continuously available to authorized users.

IT security

Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

Security News

What is IT Security? Check Point Software

Leave a comment

IT security

Whilst no measures can completely guarantee the prevention of an attack, these measures can help mitigate the damage of possible attacks. It is possible to reduce an attacker’s chances by keeping systems up to date with security patches and updates and by hiring people with expertise in security. While formal verification of the correctness of computer systems is possible, it is not yet common. In order for these tools to be effective, they must be kept up to date with every new update the vendor releases. Some organizations are turning to big data platforms, such as Apache Hadoop, to extend data accessibility and machine learning to detect advanced persistent threats.

Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities, such as open ports, insecure software configuration, and susceptibility to malware. In computer security, a countermeasure is an action, device, procedure or technique that reduces a threat, a vulnerability, or an attack by eliminating or preventing it, by minimizing the harm it can cause, or by discovering and reporting it so that corrective action can be taken. When a target user opens the HTML, the malicious code is activated; the web browser then decodes the script, which then unleashes the malware onto the target’s device. In early 2016, the FBI reported that such business email compromise (BEC) scams had cost US businesses more than $2 billion in about two years. However, they are also multi-staged, meaning that “they can infiltrate networks and move laterally inside the network.” The attacks can be polymorphic, meaning that the cyberattacks used such as viruses, worms or trojans “constantly change (“morph”) making it nearly impossible to detect them using signature-based https://cognifyo.com/articles/bypassing-phone-lock-codes-exploration/ defences.”

IT security

The challenges in IT security shift constantly, presenting organizations with persistent obstacles. Network security protects the infrastructure from unauthorized access, misuse, or damage by using firewalls, encryption and other tools. IT security is broader than cybersecurity, covering all aspects of protecting an organization’s data, software, hardware and infrastructure — not just protection against cyberattacks. Finally, mission-critical assets like operating systems, health records, software tools, financial records and cloud infrastructure make up the mission-critical layer.

Check Point IT Security Solutions

IT security

These should cover password management, incident reporting, and other security processes. Begin with a comprehensive security policy that clearly articulates protection measures for hardware, software, networks, and data. These range from cyberattacks to equipment theft or power failures. How to safeguard data, prevent breaches, and stay ahead of evolving https://clomidxx.com/why-careful-planning-is-key-in-building-a-mobile-strategy/ risks. IT security policies are designed to keep assets confidential from unauthorized entities, maintain integrity over the modification of assets, and ensure assets will remain continuously available to authorized users.

IT security

Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

Security News

What is IT Security? Check Point Software

Leave a comment

IT security

Whilst no measures can completely guarantee the prevention of an attack, these measures can help mitigate the damage of possible attacks. It is possible to reduce an attacker’s chances by keeping systems up to date with security patches and updates and by hiring people with expertise in security. While formal verification of the correctness of computer systems is possible, it is not yet common. In order for these tools to be effective, they must be kept up to date with every new update the vendor releases. Some organizations are turning to big data platforms, such as Apache Hadoop, to extend data accessibility and machine learning to detect advanced persistent threats.

Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities, such as open ports, insecure software configuration, and susceptibility to malware. In computer security, a countermeasure is an action, device, procedure or technique that reduces a threat, a vulnerability, or an attack by eliminating or preventing it, by minimizing the harm it can cause, or by discovering and reporting it so that corrective action can be taken. When a target user opens the HTML, the malicious code is activated; the web browser then decodes the script, which then unleashes the malware onto the target’s device. In early 2016, the FBI reported that such business email compromise (BEC) scams had cost US businesses more than $2 billion in about two years. However, they are also multi-staged, meaning that “they can infiltrate networks and move laterally inside the network.” The attacks can be polymorphic, meaning that the cyberattacks used such as viruses, worms or trojans “constantly change (“morph”) making it nearly impossible to detect them using signature-based https://cognifyo.com/articles/bypassing-phone-lock-codes-exploration/ defences.”

IT security

The challenges in IT security shift constantly, presenting organizations with persistent obstacles. Network security protects the infrastructure from unauthorized access, misuse, or damage by using firewalls, encryption and other tools. IT security is broader than cybersecurity, covering all aspects of protecting an organization’s data, software, hardware and infrastructure — not just protection against cyberattacks. Finally, mission-critical assets like operating systems, health records, software tools, financial records and cloud infrastructure make up the mission-critical layer.

Check Point IT Security Solutions

IT security

These should cover password management, incident reporting, and other security processes. Begin with a comprehensive security policy that clearly articulates protection measures for hardware, software, networks, and data. These range from cyberattacks to equipment theft or power failures. How to safeguard data, prevent breaches, and stay ahead of evolving https://clomidxx.com/why-careful-planning-is-key-in-building-a-mobile-strategy/ risks. IT security policies are designed to keep assets confidential from unauthorized entities, maintain integrity over the modification of assets, and ensure assets will remain continuously available to authorized users.

IT security

Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

Security News

What is IT Security? Check Point Software

Leave a comment

IT security

Whilst no measures can completely guarantee the prevention of an attack, these measures can help mitigate the damage of possible attacks. It is possible to reduce an attacker’s chances by keeping systems up to date with security patches and updates and by hiring people with expertise in security. While formal verification of the correctness of computer systems is possible, it is not yet common. In order for these tools to be effective, they must be kept up to date with every new update the vendor releases. Some organizations are turning to big data platforms, such as Apache Hadoop, to extend data accessibility and machine learning to detect advanced persistent threats.

Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities, such as open ports, insecure software configuration, and susceptibility to malware. In computer security, a countermeasure is an action, device, procedure or technique that reduces a threat, a vulnerability, or an attack by eliminating or preventing it, by minimizing the harm it can cause, or by discovering and reporting it so that corrective action can be taken. When a target user opens the HTML, the malicious code is activated; the web browser then decodes the script, which then unleashes the malware onto the target’s device. In early 2016, the FBI reported that such business email compromise (BEC) scams had cost US businesses more than $2 billion in about two years. However, they are also multi-staged, meaning that “they can infiltrate networks and move laterally inside the network.” The attacks can be polymorphic, meaning that the cyberattacks used such as viruses, worms or trojans “constantly change (“morph”) making it nearly impossible to detect them using signature-based https://cognifyo.com/articles/bypassing-phone-lock-codes-exploration/ defences.”

IT security

The challenges in IT security shift constantly, presenting organizations with persistent obstacles. Network security protects the infrastructure from unauthorized access, misuse, or damage by using firewalls, encryption and other tools. IT security is broader than cybersecurity, covering all aspects of protecting an organization’s data, software, hardware and infrastructure — not just protection against cyberattacks. Finally, mission-critical assets like operating systems, health records, software tools, financial records and cloud infrastructure make up the mission-critical layer.

Check Point IT Security Solutions

IT security

These should cover password management, incident reporting, and other security processes. Begin with a comprehensive security policy that clearly articulates protection measures for hardware, software, networks, and data. These range from cyberattacks to equipment theft or power failures. How to safeguard data, prevent breaches, and stay ahead of evolving https://clomidxx.com/why-careful-planning-is-key-in-building-a-mobile-strategy/ risks. IT security policies are designed to keep assets confidential from unauthorized entities, maintain integrity over the modification of assets, and ensure assets will remain continuously available to authorized users.

IT security

Although many aspects of computer security involve digital security, such as electronic passwords and encryption, physical security measures, such as metal locks, are still used to prevent unauthorized tampering. In order to craft a comprehensive and effective cybersecurity strategy, the organization must consider its policies, processes and technologies across every http://carbonequity.info/interesting-research-on-what-you-didnt-know/ business function. In a DoS attack, users are unable to perform routine and necessary tasks, such as accessing email, websites, online accounts or other resources that are operated by a compromised computer or network. While maintaining full system operation is an important part of IT security, the more pressing aspect relates to cyberattacks, most of which are designed to access or steal data and other sensitive information. Some countries legally require businesses to invest in the development and implementation of IT security concepts, while other regions provide strict standards as it relates to data privacy and security.

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Ether Cardano Solana Shiba Inu Eying Gigantic Run as Crypto Market Enters Hope Phase

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Ether, Cardano, Solana, Shiba Inu Eying Gigantic Run as Crypto Market Enters Hope Phase

By Brian Njuguna – March 6, 2024

As the crypto market continues to be in the green, with the market capitalization edging closer to the $2.6 trillion mark, altcoins are not being left behind as they are making significant strides.

Taking on X, formerly Twitter, leading market analyst Michael van de Poppe highlighted this trend and stated, “Altcoins are ready to accelerate after this run of Bitcoin. Bitcoin has shown a gigantic return, which means that altcoins are likely going to outperform Bitcoin by a mile.”

Therefore, based on this analysis, altcoins are eyeing a substantial rally, with top coins like Ethereum (ETH), Solana (SOL), Cardano (ADA), Polkadot (DOT), and Shiba Inu (SHIB) leading the pack.

For instance, Ethereum is edging closer to the psychological price of $4,000, given that the top altcoin was up by 61.1% in the past month to hit $3,852 at press time, according to CoinGecko.

Is the Alt-Season Fully Here?

Given that altcoins are a force to be reckoned with in the crypto ecosystem, questions are being raised about whether an alt season is now on the horizon on the foundation of the bullish momentum being witnessed.

Van de Poppe noted, “Altcoin market capitalization is slowly moving upwards. The upside could be captured on Bitcoin, meaning a rotation towards altcoins. Therefore, Ethereum to $4,500-5,000 is likely, while altcoins will accelerate with 2-4x returns.”

Based on this analysis, Ethereum will be instrumental in triggering an alt season, with the second-largest cryptocurrency continuously experiencing an uptrend.

With the crypto market appearing to have entered the hope phase, the altcoin market is painting a bright picture.

Furthermore, altcoin bulls are showing their unrelenting quest to continue scaling heights.

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

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Tim Moseley

The Artist that came out of the Winter