A widely followed account in the crypto community, “LunaClassicHQ,” recently outlined price predictions for various crypto assets like Shiba Inu and XRP as the ongoing bull run gains traction.
Earlier today, Bitcoin re-attained the $64,000 price level and continues to preserve those gains. Bitcoin’s bull trend was ignited on September 18 following a favorable U.S. economic policy.
The leading crypto traded at a low of $59,218 that day but has since risen to $64,800 over the past week, marking approximately a 10% gain. These gains have notably impacted the broader altcoin market, prompting analysts to issue bold forecasts for some of the most prominent tokens.
in this Shib crypto news, In a post on X today, LunaClassicHQ highlighted audacious price predictions for 18 crypto assets, including Shiba Inu and XRP.
First, it suggested a 2025 peak of $150,000 for Bitcoin and $10,000 for Ethereum. From Bitcoin’s current level of $64,200, this target requires a price increase of 133%. However, Ethereum’s proposed target of $10,000 demands a more formidable advancement of 281% from its current price of $2,624.
Furthermore, LunaClassicHQ has projected a peak of $200 for XRP in the ongoing bull market. For context, XRP is valued at just $0.5884 today, meaning reaching a $200 price point would require an astonishing rally of 33,890%.
This isn’t the first bold prediction for XRP. Multiple analysts have argued that once XRP breaks out of its long-term downtrend, its next destination could be an all-time high beyond $200.
Shiba Inu Price if XRP Reaches $200
Interestingly, XRP isn’t the only crypto asset for which LunaClassicHQ has suggested a daring price forecast. For the top-ranking meme coin, Shiba Inu, it proposed a target of $0.05, implying that SHIB would need to eliminate three zeros by next year.
Currently, Shiba Inu is trading at $0.00001496, and reaching $0.05 would require an astronomical price increase of over 334,124%. Given this extreme growth requirement, many crypto enthusiasts have challenged LunaClassicHQ’s projections as unrealistic for the current market cycle.
However, LunaClassicHQ is not the first notable figure in the crypto community to propose $0.05 as Shiba Inu’s peak for this ongoing cycle. A few months ago, two prominent commentators from the Bitcoin community boldly asserted that Shiba Inu could reach a peak of $0.05.
While many have dismissed this target due to the relatively short timeline proposed, some other notable entities in the crypto space, such as the crypto exchange Changelly, believe the price level is attainable but with a more extended timeline.
For instance, this exchange argues that SHIB could reach $0.03 by 2050. Meanwhile, the analytic platform Telegaon suggested that Shiba Inu could reach $0.05 by 2040.
CoinW, a top exchange, also recently boldly projected Shiba Inu could surge by over 7,627,665% to reach $1.
Disclaimer: 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’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
