Renowned cryptocurrency influencer, Altcoin Daily, has issued a bold prediction for Ripple’s XRP, forecasting a staggering 730% price increase to reach $5 by 2025. This optimistic outlook is contingent upon Bitcoin achieving a new all-time high of $120,000.
In a recent post on X, the platform formerly known as Twitter, Altcoin Daily shared his bullish stance on multiple cryptocurrencies, including XRP, Ethereum (ETH), and Solana (SOL). The YouTuber emphasized that these altcoins are poised for substantial gains once Bitcoin surpasses its previous record.
Bitcoin is currently trading at approximately $65,471, representing a 12.64% gap from its all-time high of $73,750. Altcoin Daily anticipates Bitcoin to reach $120,000 by next year, marking an 83.28% increase from its current price.
For XRP, the YouTuber’s target of $5 represents a significant upward trajectory from its current price of $0.5963. Achieving this level would signify a 738% increase and surpass XRP’s previous all-time high of $3.84. While this projection aligns with the expectations of some conservative XRP analysts, others within the community have expressed even more ambitious price targets exceeding $200.
Ethereum is also in the spotlight, with Altcoin Daily setting a price objective of $8,800. This would require a 177% surge from its current trading price of $3,188, which has recently experienced a 5% decline. Ethereum is currently 35.15% below its all-time high of $4,891.
Standard Chartered researcher Geoff Kendrick previously predicted an Ethereum price of $8,000 following the approval of U.S. exchange-traded funds (ETFs) that invest directly in the cryptocurrency. The recent launch of Ethereum spot ETFs has indeed generated significant interest, with over $1 billion in trading volume recorded during their debut.
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Altcoin Daily also provided price targets for other prominent cryptocurrencies, including Solana at $720, Chainlink at $120, BNB at $1,800, and Cardano at $9. However, the YouTuber emphasized that these projections should not be considered financial advice and urged investors to conduct thorough research before making investment decisions.
While these predictions are undoubtedly optimistic, they reflect the prevailing bullish sentiment within the cryptocurrency market. As Bitcoin approaches its all-time high, investors’ attention is increasingly focused on the potential for substantial gains in the altcoin space.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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