BTC, SHIB, and XRP – A Trio of Cryptocurrencies to Watch
- WBOYOriginal
- 2024-09-19 18:14:311023browse
Last but not least, we will touch upon the primary cryptocurrency, which has also been at the forefront of gains over the past 24 hours.
BTC, the primary cryptocurrency, also led the gains over the past 24 hours, rising to $62,000. Bullish analysts expect BTC to continue rising in the coming months.
One X user, Bluntz, advised investors to stay in the crypto ecosystem as this will be the next “BTC ATH rip.”
“This will be the last macro leg higher, you got about 3-4 more months to make as much money as possible,” the trader envisioned.
Another trader, Captain Faibik, was also optimistic, expecting bulls to test the $68,000 level “in the coming days.”
SHIB May Be Primed For An Epic Bull Run
The second-largest meme coin experienced an uptrend lately, rising by 5% over the past 24 hours and currently trading at around $0.00001392. This comes as the entire cryptocurrency market headed north following the US Fed’s decision to lower interest rates by 0.5%.
Earlier this week, one popular analyst speculated that Shiba Inu (SHIB) may be poised for an outrageous price explosion. The X user, who has almost 150,000 followers, claimed the token could erase two zeroes from its valuation in the future.
The projected rally would put SHIB's price at $0.001392, representing a nearly 10,000% increase. It is worth noting that the meme coin’s market capitalization must reach approximately $800 billion for this forecast to happen.
Currently, Bitcoin (BTC) is the only cryptocurrency whose market cap exceeds that mark, making the prediction highly unlikely (to say the least).
XRP Price Analysis
Ripple's XRP is also in the green, albeit registering less substantial gains than the rest of the leading cryptocurrencies. It keeps trading at around $0.58, or a 1% rise compared to the figure observed on September 18.
Despite moving somewhat sideways, some enthusiasts believe the token could be on the verge of an exponential pump. The X user Max (CEO and founder of the crypto analysis platform BecauseBitcoin) is among the examples, revealing that he recently entered the ecosystem as an investor. The BTC bull purchased “a lot of” XRP, predicting its price to skyrocket to $5 sometime next year.
EGRAG CRYPTO was even more bullish, outlining five different scenarios for the future. The most optimistic depicts XRP trading at the ridiculous $27.
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