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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A renowned crypto market analyst predicted that Cardano price could hit $4 ahead despite the current broader market uncertainty. ‘ALLINCRYPTO’ has forecasted a highly bullish outlook for the crypto recently, primarily against the backdrop of historical data. However, traders and investors are left scratching their heads as the market also saw massive ADA whale dumps, with 180 million coins offloaded.
Cardano Price Eyes $4, Analyst Predicts Citing Historical Data
According to ALLINCRYPTO’s X post on April 18, Cardano price is eyeing $4 as the analyst believes history is set to repeat itself. A major bull run lies ahead as the price is completing its final cycle, per the analyst.
For context, the ALLINCRYPTO’s chart spotlights how ADA had a massive bull run as of 2020 and continued till mid-2021. Citing this past performance, the analyst revealed that a $4 price target lies ahead.
Crypto market traders and investors are left speculating if such a feat is even possible amid broader market trends. It’s also noteworthy that historical performances don’t always guarantee future performances, given the dynamic nature of digital assets.
However, another renowned analyst has joined the fray by projecting a bullish outlook for Cardano price. Analyst Ali Martinez revealed in an X post on April 18 that the crypto is consolidating within a triangle, setting the stage for a potential 30% price move. This bullish prediction has slightly tilted the scales towards the optimistic side.
ADA coin’s price currently rests at $0.6298, up nearly 2.5% over the past day. The coin’s intraday bottom and peak were recorded as $0.612 and $0.6341, respectively.
Massive Whale Dumps Usher Caution
Besides, recent whale metrics have conversely stirred up some caution among investors, underscoring rising selling pressure on the asset. According to another X post by Ali Martinez, whales took advantage of the recent ADA price upswing to offload 180 million coins in the past 5 days.
This massive selling has also hinted at declining market confidence surrounding the cryptocurrency. As a result, market watchers are slightly apprehensive regarding the bullish predictions shared by the analysts.
Besides, a Cardano price prediction by CoinGape also revealed that bears remain in control of the asset at the moment, as per the 3-month bias indicator. In turn, broader market sentiments surrounding the coin’s long-term prospects remain shrouded in an enigma.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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 Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin’s potential rally new heights.
Analysts like Ali Martinez and CRYPTOWZRD have identified critical levels for LINK, invoking the community’s attention. Let’s unveil Chainlink’s potential movements through the analyses of popular analysts.
Is Chainlink Price Ready for a Rebound?
In a detailed analysis, analyst Ali Martinez spotted key support and resistance levels for Chainlink. According to Ali’s analysis, Chainlink’s support level is established at $12.28, while $14.58 acts as a significant resistance hurdle.
With the Chainlink price breaking past its support line, which now acts as a foundation, the stage is set for a potential bullish reversal, signaling an upward trend. And, if LINK breaks past the $14.58 point, which has been a significant resistance point, further upside momentum comes into view, with potential new highs on the horizon.
Chainlink’s Next Target: Is $26 Within Reach?
According to market expert CRYPTOWZRD, Chainlink daily technical outlook is uncertain, with an indecisive close. However, the analyst highlighted that LINK is currently testing the significant $12.50 level. Given LINK’s oversold condition, its price movement is likely to follow Bitcoin’s trend.
Interestingly, as pointed out by CRYPTOWZRD, LINKBTC’s daily falling wedge formation suggests potential for an impulsive upside breakout. LINK itself is forming a daily falling wedge above its lower high trend line, indicating a possible rally towards the $16 resistance target and beyond.
Significantly, the chart presented by the expert indicates that LINK could hit $26 if it passes the resistance point. However, as per CoinGape’s Chainlink Price Prediction, LINK will reach a maximum of $15.24 in 2025.
Meanwhile, LINK’s intraday chart showed a lack of clear direction, with price movements confined to a narrow range. A breakout above $13.20 could present a trade opportunity, while a decline below $11.80 would signal a test of the main support level.
LINK Market Sentiment Analysis
In an “In/Out of the Money Around Price” analysis, Ali Martinez shared insights into the market sentiment for LINK. The analyst detailed the number of traders holding Chainlink at different price points.
At press time, Chainlink is trading at $12.81, up1.46%. Despite a 0.86% surge over the past week, LINK experienced a massive decline of 30.99% over the last month.
Notably, more addresses are holding LINK at a loss than at a profit. According to the chart, 53.06% of the holdings are “out of the money,” which means that they represent 78.24 million LINK bought at a price above the current $12.68.
At the same time, 44.63% of analyzed holdings, representing 65.81 million LINK, are ‘in the money,’ having been bought by traders at a price below $12.68. This data highlights potential support and resistance levels, with significant holdings at $12.47 and $14.19.
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.
Lorenzo Protocol (BANK) price has defied the broader market’s recent uncertain trend by rallying 150% this Saturday. The institutional-grade asset management platform has stolen the spotlight primarily as a top CEX, Binance, unveiled a new listing for its native token. As a result, traders and investors are extensively eyeing this crypto, speculating whether the pump could sustain amid enhanced market exposure.
Lorenzo Protocol Price Bullish As Binance Futures Adds BANKUSDT Contract
At the time of reporting, BANK price traded at $0.05237, up by a staggering 150% in just a day. The cryptocurrency’s price surged from a bottom of $0.01839 intraday, in sync with Binance’s announcement.
According to an official press release by the crypto exchange on April 18, the platform’s futures trading division is adding the BANK USD-Margined perpetual contract to its stockpile of offerings. The platform’s colossal user base remains poised to enjoy up to 50x leverage while trading the asset. The timeline for this launch was set at 18:30 UTC, the same day.
Further, the top crypto exchange set the capped funding rate at +2.00%/-2.00%. Also, the same perpetual contract will be available for ‘Futures Copy’ trading, offering users enhanced opportunities to make returns.
For context, usual market sentiments about the coin’s future price action have turned highly bullish with the new offering. Traders and investors are expecting a substantial influx of funds into the token as the new listing paves the way for more investor interaction with the asset.
Now, crypto market watchers are thoroughly monitoring the token for further gains, highly optimistic amid an ongoing rally of 150% following the listing announcement. Lorenzo Protocol is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies.
Besides, it’s worth mentioning that Binance revealed another crypto listing this week, CoinGape reported. The CEX has revealed plans to open trading for Balance (EPT) shortly, garnering further attention among traders and investors.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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.
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