A market pundit has shared his altcoin targets for the next big pump, expecting massive rallies from XRP and Ethereum.
The recent forecast comes on the heels of the broader market recovery effort. Notably, while Ethereum (ETH) has dropped 0.24% over the past week, XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have seen gains of at least 4% within this period.
Ethereum to Target $25,000
However, despite Ethereum’s current struggles, anonymous market commentator Whale Guru, who calls himself a “100x gem hunter,” believes the token would likely see massive gains during the next large-scale altcoin pump. Meanwhile, in the same breath, he predicts an XRP surge to $300.
According to the pundit, Ethereum would soar to $25,000 during this anticipated pump. This price aligns with the forecast from multinational banking institution Standard Chartered, which predicted an Ethereum run to $25,000.
However, Standard Chartered only expects this to materialize by 2028, possibly during the next bull run. It remains unclear if Whale Guru’s “next pump” refers to another uptrend within this cycle or during the next bull run. Notably, from its current price of around $4,300, ETH would need to rise 481% to reach the $25,000 mark, a feasible target.
XRP Target for the Next Big Pump
Meanwhile, Whale Guru is especially more bullish on XRP, projecting a possible rally to $300 for the next big pump. This represents one of the most bullish price forecasts for XRP, considering its current position. Presently, XRP changes hands at $2.95, still struggling to regain control of the $3 mark.
From the current price, XRP must increase 10,069% or around 101x to claim the $300 target. If Ethereum claims $25,000 and XRP hits $300, the XRPETH pair will witness a massive spike as XRP outperforms ETH. The pair currently sits at 0.00068, but could reach 0.012, a 1,664% increase if both assets reached their respective targets.
Also, if XRP’s circulating supply remains fairly stable at the current 59.61 billion level, a price of $300 would give XRP a market cap of $17.8 trillion, making it larger than the biggest companies, Nvidia, Microsoft, Apple, Alphabet (Google), and Amazon combined.
This makes the $300 target for XRP a difficult goal to reach in this cycle or the next. Yet, the crypto market has a knack for surprising even the most experienced traders. However, despite the leap ahead, analysts at Changelly suggest that a $300 XRP price is feasible. Nonetheless, they believe XRP may only reach this target by February 2040, essentially fifteen years from now.
Other Altcoin Targets
Besides Ethereum and XRP, Whale Guru also presented targets for other altcoins. Specifically, the renowned trader suggested that Solana could rally to $2,000. With SOL currently trading for $218.9 at press time, a run to $2,000 would represent an 813% increase.
Meanwhile, Whale Guru expects Dogecoin to finally breach the $1 mark and eventually reach $5, a 1,979% spike from current levels. The analyst then predicts Sui to claim a price of $10, representing a meager 183% increase from its current price of $3.53.
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.
