Famous cryptocurrency investor Armando Pantoja of X has projected a target price for SHIB, the native token of the Shiba Inu ecosystem, over $0.001. Pantoja listed a number of cryptocurrencies that he believes will rise along with his predictions for their respective price ranges in a recent post.
Bitcoin, the leading cryptocurrency that hit a new all-time high (ATH) ahead of the upcoming halving event, was included in Pantoja's list. The well-known investor believes that during the next bull cycle, Bitcoin will price between $100,000 and $250,000.
Following the Securities and Exchange Commission's (SEC) approval of a spot Bitcoin ETF in January, however, Bitcoin shown a notable optimistic mood. Before entering a consolidation phase, Bitcoin staged a robust surge that took its price to a new all-time high of $73,794. Many fans think that following the Bitcoin halving, the pioneering cryptocurrency will start to rise again.
Pantoja listed some popular cryptocurrencies that he believes will rise in value during the upcoming bull market cycle in addition to SHIB and Bitcoin. He believes that Ethereum, the leading altcoin, will rise above $10,000 for the first time. The investor believes that during the next bull cycle, Ethereum will trade between $10,000 and $15,000.
According to Pantoja, other cryptocurrencies will follow Ethereum's upward trend, with XRP breaking free and rising above $3. According to Pantoja, $3 will be the lower bound of XRP's range during the impending bull run. At its strongest, the troubled cryptocurrency token may reach $6.
The well-known investor projected that AVAX would surpass $100, SOL would rise above $500 and maybe reach $1,000, and DOGE would rally to $1. In addition, he projected that PRO will trade between $10 and $20, INJ between $100 and $200, and ICP pushing past $100.
April 2024, Cryptoniteuae