Altcoin
SHIB, DOGE & MPEPE All 3 Coin Predicted To Have A Price Explosion When BTC Hit $67,000 Again
The cryptocurrency market is on the cusp of another major bull run, with analysts predicting Bitcoin (BTC) to hit $67,000 again. When BTC reaches this milestone, it’s expected to ignite price explosions across a number of popular altcoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and the new rising star, Mpeppe (MPEPE). In this article, we’ll explore why these three coins are poised for significant gains and why investors should keep a close eye on them as Bitcoin prepares for another rally.
Dogecoin: Ready for Another Surge?
Dogecoin (DOGE) has been a favorite among crypto enthusiasts since it burst into the spotlight in 2021, largely due to endorsements from high-profile figures like Elon Musk. Dogecoin (DOGE) started as a meme coin, but over the years, it has solidified its position as one of the top cryptocurrencies by market capitalization.
With its massive community support, Dogecoin (DOGE) has shown resilience even in bear markets. Currently trading below its all-time highs, many analysts predict that Dogecoin (DOGE) could see a significant price increase once Bitcoin hits $67,000 again. As the market turns bullish, Dogecoin (DOGE)’s meme-driven value could skyrocket once more, attracting both retail and institutional investors.
Shiba Inu: The “Dogecoin Killer” Ready to Explode
Shiba Inu (SHIB), often referred to as the “Dogecoin Killer,” has carved out a niche for itself in the meme coin world. Operating on the Ethereum blockchain, Shiba Inu (SHIB) has gained a massive following and continues to build utility within its ecosystem. With decentralized exchange ShibaSwap, and future plans for an NFT marketplace, Shiba Inu (SHIB) aims to offer more than just meme value.
With Bitcoin (BTC) nearing $67,000, Shiba Inu (SHIB) is expected to follow suit, riding the wave of the altcoin season. Predictions for Shiba Inu (SHIB) reaching new highs are becoming more common, with some analysts projecting that Shiba Inu (SHIB) could see explosive growth in tandem with Dogecoin (DOGE) and Bitcoin.
Mpeppe: The Dark Horse in the Meme Coin Race
While Dogecoin (DOGE) and Shiba Inu (SHIB) have established themselves as the leaders in the meme coin market, a new contender is emerging: Mpeppe (MPEPE). Mpeppe (MPEPE) is a decentralized gambling platform that uses AI to ensure fairness, transparency, and security, making it a unique offering in the cryptocurrency world.
With a presale price of just $0.0021, Mpeppe (MPEPE) is still in its early stages, but many crypto investors see it as the next big thing. When Bitcoin surges to $67,000, Mpeppe (MPEPE) is expected to benefit from the positive market sentiment surrounding meme coins. In fact, some analysts predict that Mpeppe (MPEPE) could see gains as high as 150x, thanks to its innovative use of AI technology and its growing community of supporters.
Why These Three Coins Are Poised for Growth
When Bitcoin (BTC) approaches its next major milestone, it typically brings the entire cryptocurrency market with it. Dogecoin (DOGE), Shiba Inu (SHIB), and Mpeppe (MPEPE) are all well-positioned to benefit from this market rally due to their strong communities and growing use cases.
For Dogecoin (DOGE), its popularity as a meme coin combined with its potential use as a transactional currency will likely attract new investors. Shiba Inu (SHIB) continues to expand its ecosystem, offering new opportunities for growth beyond its meme status. And finally, Mpeppe (MPEPE), with its unique decentralized gambling platform, is set to capitalize on the rising interest in both meme coins and blockchain-based applications.
Conclusion
As Bitcoin (BTC) edges closer to $67,000, the meme coin market is expected to heat up once again. Dogecoin (DOGE), Shiba Inu (SHIB), and Mpeppe (MPEPE) are all strong contenders for significant price increases. Investors looking to capitalize on the next major bull run should keep a close eye on these three coins, as they are primed to explode alongside Bitcoin’s gains.
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The recent XRP price glitch on live American TV has created ripples in the crypto community. In an episode of “American Sunrise Early Edition” on Real America’s Voice, the value of XRP soared to a staggering $21,355, marking a 961,936% uptick from its actual price at the moment.
Notably, other cryptocurrencies like Bitcoin, Ethereum, Solana, Dogecoin, and Cardano also saw variations in their prices during the live TV program. Though the host, Jake Novak, addressed Bitcoin’s price anomaly, he overlooked the XRP glitch.
XRP Price Glitch on Live American TV: Key Details
During an episode of American Sunrise Early Edition on Real America’s Voice, the show displayed incorrect prices for major cryptocurrencies, including Bitcoin and XRP, with the values being significantly different from their actual market prices. For instance, the XRP price was displayed as $21,355, up by more than 961,936% from its actual market value of $2.1.
Throughout the market outlook segment, the XRP price glitch remained on the screen, fluctuating between $2.22 and $21,355. The community largely responded to the incident, drawing the team’s attention to the error.
This incident follows the increasing anticipations of the Ripple lawsuit settlement, driven by the SEC’s recent progressive stance.
XRP’s Repeated Price Glitch
As highlighted by the community members, it’s not the first time that XRP has experienced a price glitch. Historically, the token has seen dramatic price variations due to system errors.
In June 2024, XRP was shown on TradingView at $9,864, a point much higher than its original value. A glitch on Binance presented XRP at $5,791 due to data feed issues in October. In a similar incident, XRP’s value was incorrectly displayed on CoinMarketCap in November 2023, with the platform showing it at $1,919, a significant deviation from its actual market value.
Host Addresses Bitcoin Price Anomaly, Overlooks XRP
Notably, the technical issue on the American live TV has resulted in incorrect price displays for not just XRP, but several other cryptocurrencies. The episode presented Bitcoin’s price at $43,636, marking a significant drop of around 50% from the original value.
Meanwhile, Ethereum (ETH) rose to $6,000, a 156% surge and Solana (SOL) increased to $2,896, up by 1,983%. Dogecoin (DOGE) skyrocketed to $32, a 15,900% increase from $0.22, and Cardano (ADA) increased to $69, a 10,198% rise from $0.67.
Addressing the issue, the show’s host, Jake Novak, stated that the “graph had gone a little funky.” However, he only addressed the Bitcoin price glitch, overlooking the issues with other cryptocurrency values, including XRP.
How XRP Reacts To the Incident?
As of press time, XRP is valued at $2.10, with a notable decline of 5.5% over the past 24 hours. On a weekly and monthly basis, the token has experienced massive dips of 12.9% and 7.3%, respectively.
Despite the prevailing negative trend, the XRP price is facing a positives sentiment within the community. This is significantly evident in the 14.5% surge in the trading volume, currently at $4.18 billion.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The price Chainlink (LINK) has reversed its earlier growth trends after the broader market nosedived in mid-day trading. The current breakdown has triggered a new worry among investors for a coin that had the prospect of reclaiming its spot among the top 10 largest digital currencies.
The LINK price has fallen to $14.1, down 9.12% in the past 24 hours. This latest selloff has also raised the question of where the LINK floor is triggered.
Bitcoin Price and Bollinger Bands Insight
The Chainlink drawdown is steep and depends on the Bitcoin price selloff triggered by today’s US Core PCE figures. LINK has recorded more selloffs than most altcoins in the top 20 based on a percent decline over 24 hours.
LINK has fared much better on longer timeframes, as the token is still up by 1% in the past 7 days. The token’s Year-to-Date (YTD) growth is 34.76%, making analysts wonder if more selloff is inbound.
The LINK/USDT 4H Chart offers insight into the Chainlink price outlook. The current price is trading at the lower Bollinger Bands, $14.04. The deviation from the upper bands is a sign of intense volatility, which may or may not go well for the token.
Over the past 30 days, the LINK price has not dropped below $13, which is now classified as the next support level to watch.
LINK and Dependence on the General Market
The broader market is divided on what is next for Chainlink. The Oracle service provider remains one of various institutional clients’ most used blockchain protocols.
This means that the adoption of its services depends on the market or external factors.
Besides this, the price action of Bitcoin and other altcoins is also a major determinant of its potential rebound. At the time of writing, the price of BTC has dropped to a new weekly low of $83,872.69, down by 3.77% in 24 hours. With the bearish outlook, Peter Brandt said Bitcoin price crashing to $70,000 is not impossible.
With Chainlink’s dependence on Bitcoin, the altcoin may maintain its current outlook until the top coin prints a new rally.
Major LINK Price Catalyst to Watch
Per an earlier CoinGape report, Chainlink inked a deal with the Abu Dhabi Global Market (ADGM). This LINK partnership with ADGM will support the development of compliant frameworks for tokenized assets, expand blockchain adoption, and promote regulatory dialogue within the UAE and globally.
In an earlier LINK price analysis, projections were made that this partnership may push the token’s price to a high of $44. For now, the protocol’s price action signals caution overall.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The Ethereum price has been in a sharp decline in the past months, underperforming compared to Bitcoin (BTC) and Solana (SOL). Despite its unwillingness to experience a significant price increase, a crypto analyst has revealed his bullishness for ETH, predicting a potential recovery to $4,000 before the end of the bull cycle.
Ethereum Price Projected To Reach $4,000
Crypto analyst Astronomer has announced his bullishness on the Ethereum price outlook, predicting a potential rally to $4,000. In a rather lengthy post on X (formerly Twitter), the analyst highlights several technical signals that suggest ETH could soon revisit this key price target.
Notably, the ETH price is positioned at a clear support zone between the $1,700 and $1,900 range. Historically, this range has acted as a launch pad for recoveries, with previous declines to this area triggering a strong price surge.
While Ethereum has underperformed against Solana during this bull market, it has still doubled since its 2022 low, which is a better outcome than most altcoins. Further highlighting his bullish stance on ETH, Astronomer revealed that he had swapped BTC for ETH, holding a strong conviction that the latter will eventually outperform the former by the end of the cycle.
Based on the analyst’s chart, ETH is currently trading within a long-term macro price range between $1,700 and $4,500. The cryptocurrency recently retested the bottom of this range, which historically led to a bounce back toward a price high above $4,000.
Astronomer also notes that Bitcoin has already set its weekly low, meaning that Ethereum’s price movements could soon align with the pioneer cryptocurrency’s recovery. If ETH can reclaim the $2,100 level, the analyst predicts a rapid move toward $4,000 in a few months.
With the next Federal Reserve monetary policy scheduled for mid-April, the market may see renewed bullish momentum that could benefit Ethereum’s price trajectory. Another major development that supports the analyst’s bullish projection for Ethereum is its performance in March 2024. At the time, the altcoin swept a previous price high but didn’t sustain a breakout, leading to a prolonged correction.
However, Astronomer suggested that this price trend insists on revisiting $4,000, particularly after Ethereum hits a range low. The analyst notes that ETH is now at this critical low, which could indicate that the bottom is in, signaling a potential move to new highs.
ETH Market Sentiment Hits Rock Bottom
While sharing his bullish forecast for ETH’s price during this bull cycle, Astronomer also revealed that Ethereum is facing a heavy bearish sentiment due to its prolonged underperformance. According to the analyst, Ethereum’s current market sentiment is worse than Bitcoin’s, with negative narratives dominating discussions across the crypto community.
Some claim that ETH lacks a proper use case, while others suggest that the Ethereum Foundation may be selling. Despite this, Historical data shows that when ETH hit similar low levels in late 2017 and 2021, the cryptocurrency experienced a subsequent rally to new ATHs. The latest sentiment score shows Ethereum has hit rock bottom at 14, signaling extreme fear and uncertainty, which often precedes major price rebounds.
Featured image from Adobe Stock, chart from Tradingview.com
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