As a new bullish phase sweeps through the crypto market, analysts are now speculating how high top crypto assets like XRP and Bitcoin could rise.
In a recent post, a crypto investor with over a decade of experience, “ProfitMana,” shared his realistic price targets for 13 crypto tokens. He highlighted their potential to yield investors between 2X and 30X returns during the current bull run.
Bitcoin to $250K
Unsurprisingly, Bitcoin topped the list, with Mana projecting an additional 2X upside from its current level. Notably, it touched a peak of $123,200 on July 14. This surge briefly pushed its market cap above Amazon and Google, making it the fifth most valuable asset in the world with a $2.4 trillion valuation.
However, Mana’s outlook suggests that Bitcoin could surpass the $200,000 mark this year, potentially reaching $250,000, as many have previously projected. He described this outlook as “guaranteed.” At press time, however, BTC is undergoing a correction, dipping to $116,000.
Ethereum, XRP, and Solana Price Outlooks
For leading altcoins like Ethereum, XRP, and Solana, Mana expects even stronger performance than Bitcoin. He suggested that Ethereum could “easily” achieve a 4X gain from current levels. With Ethereum surpassing $3,000 yesterday, this forecast implies a peak price of $12,000.
Such a surge would give Ethereum a market cap of approximately $1.44 trillion. It would place ETH ahead of Broadcom and bring it into competition with Saudi Aramco.
Regarding XRP, Mana projected a “solid” 5X surge from current prices. Since XRP briefly reclaimed the $3 mark this week, the veteran investor is now targeting up to $15 for XRP this cycle.
At $15, XRP’s market cap would exceed $885 billion, bringing it closer to the $1 trillion threshold. Notably, this would rank XRP above companies like JPMorgan Chase and Walmart.
However, this $15 price projection still falls short of expectations from parts of the XRP community, where some believe the minimum target this cycle should be $50.
For Solana (SOL), the analyst similarly predicted a 5X increase from current levels, which he believes could happen with ease. The price of SOL slightly surpassed $168 on Monday.
According to the analyst, Solana could reach prices above $800 this season, aligning closely with the expectations of those who have forecasted a $1,000 target for SOL in this cycle.
Other Altcoins
For other trending altcoins like SUI, SEI, Arbitrum (ARB), and Ondo Finance (ONDO), the analyst predicts gains ranging from 4X to 9X. He believes these tokens will achieve those price levels with minimal resistance.
Meme Coin Outlooks
The list also includes some of the most popular meme coins such as WIF, SPX, PEPE, FARTCOIN, PENGU, and RIO. Here, the projected returns are even more significant due to their high-risk, high-volatility nature.
For example, the analyst suggested RIO could surge 30X, PENGU could gain 15X, and FARTCOIN might rally 12X. Over the past few days of the bull run, some of these coins, such as PENGU, have already doubled in price. Despite the ongoing correction in the broader market, this meme coin still shows a remarkable 104% weekly gain.
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.
