HomeCrypto NewsMarket12 Altcoins Like XRP, Shiba Inu with 1000% Potential: Technical Analyst

12 Altcoins Like XRP, Shiba Inu with 1000% Potential: Technical Analyst

Date:

spot_img

Technical analyst JD has identified 12 cryptocurrencies, including XRP and Shiba Inu, which he believes have the potential for up to a 1,000% gain in this bull market.

In a recent post on X, analyst JD disclosed that he has repeatedly shared transformative crypto recommendations with the community for some time. He highlighted impressive gains ranging from 400% to 3,300% for certain coins he had recommended.

Confident about his ability to identify crypto gems, he singled out 12 tokens that he believes can deliver outstanding performances in this cycle. Specifically, the analyst emphasized that these tokens could surge by 400% to 1,000% once the eagerly anticipated altcoin season begins.

The list included some of the most prominent crypto tokens, such as XRP, Shiba Inu (SHIB), and Cardano (ADA).

XRP, Shiba Inu, Cardano (ADA) to 10x 

Notably, the analyst did not provide the additional reasoning behind his confidence in these assets beyond his acclaimed history of spotting gems.

At press time, XRP trades at $0.61. Expanding by 400% or 1,000%, as JD suggested, would put its price between $2.44 and $6. 

Notably, the projection is not far off from other prominent market watchers’ popular targets of $5 and $10 for XRP this bull season.

Similarly, the analyst expects Shiba Inu to trade between $0.00011448 and $0.0002862 in a full-blow altcoin market, considering SHIB trades at $0.00002862. The targets represent an unprecedented value, given Shiba Inu peaked at $0.00008845 in 2021.

Likewise, Cardano (ADA) growing by 1,000% from its current value of $0.6294 would put its price at approximately $7. Renowned analyst Ali Martinez has argued this possibility after examining ADA’s price trajectory over the past few years.

As The Crypto Basic reported, Martinez asserted that Cardano’s consolidation phase may end this month before setting out for $7.92. The analyst noted similarities between ADA’s current consolidation phase and those before its explosive rallies in 2021.

Other Tokens with 10x Potential

Other prominent crypto projects that featured in JD’s roster of tokens with 10x potential include Poltakdot (DOT), Chainlink (LINK), and Dogecoin (DOGE). 

Additionally, the analyst is similarly bullish about Verasity (VRA), Curve DAO (CRV), Hedera (HBAR), and Oasis Network (ROSE). Meanwhile, JD picked PEPE and Solana’s BONK alongside Shiba Inu in the meme coin landscape.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

More from Author

Crypto Banter Predicts When Cardano Would Break Out to $0.60

A recent analysis has identified that Cardano is trending within a descending wedge, and a breakout could take the altcoin to $0.60. Specifically, Crypto Banter’s...

XRP Sees Progress in AI Payments, DTCC Education, and On-Chain Lending: Evernorth CEO

The XRP ecosystem continues to develop despite broader macroeconomic uncertainty.  Asheesh Birla, CEO of XRP treasury company Evernorth, highlighted three recent milestones involving AI payments,...

What Next as XRP Tests Key Resistance After Ichimoku Cloud Breakout?

XRP has reached an important resistance level after breaking above the Ichimoku Cloud on the one-hour chart amid a recent rebound push. The breakout has...