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Analysis at Frankfurt Stock Exchange Projects 20X Rally for XRP to $10

Abdulkarim Abdulwahab
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Analysis at Frankfurt Stock Exchange Projects 20X Rally for XRP to $10

Recent chart analysis on the floor of the Frankfurt Stock Exchange in Germany suggests that XRP could soar by over 2,000% this year to $10.

This analysis was conducted by Oliver Michel, CEO of Tokentus Investment AG, during a recent interview with a Der Aktionär reporter. Specifically, the analysis focused on the potential performance of XRP in 2024 and why investors are hopeful. 

The correspondent sought clarification on the stark difference between the charts of Ethereum and Solana compared to XRP. Unlike the uptrends observable in Ethereum and Solana, XRP’s chart depicted falling candles.

In response, Michel explained that the XRP chart is in a monthly view, spanning from 2014 to June 2024. He acknowledged that XRP has shown little movement over the past year, hovering between $0.50 and $0.52.

Analyzing XRP 20X Potential

Meanwhile, Michel pointed out that from 2014 to early 2017, XRP formed a wedge pattern that led to an initial breakout of a whopping 4,300%. Remarkably, XRP traded as low as $0.006 in January 2017 but soared to $0.2522 by December, marking a 40-fold increase, as the CEO pointed out.

Michel further noted that XRP moved sideways for a few days before completing the breakout rally, which sent it to an all-time high of $3.84. He estimated that XRP’s trajectory from its bottom prices before the ATH represented an astonishing 39,700% increase.

According to the CEO, the widespread optimism in XRP is grounded in this historic performance. Specifically, he stated the community is hoping for this impressive percentage growth amid XRP’s current underperformance. 

Michel highlighted that the optimism stemmed from the observation that a similar bullish wedge has been forming over the years. “The pressure is building, and everyone is anticipating an upward breakout soon,” he remarked. 

XRP to $10 This Year

However, the analyst stated the breakout rally does not have to be a 40-fold increase like before. Michel noted that he would be satisfied with a 20-fold gain, where XRP reaches price levels of $8, $9, or $10 this year.

“That would be quite nice. It’s something to hope and wait for, and that’s what I’m doing,” he remarked.

XRP DROPZ, a prominent community-based account, highlighted this bullish analysis presented by the Tokentus Investment CEO at the Frankfurt Stock Exchange.

 

Notably, Michel is a well-known XRP bull, with his investment in the asset being public knowledge. In a previous analysis, the CEO boldly asserted that XRP has the potential to be a world reserve currency.

Here Are Projected Timelines for Shiba Inu to Hit $0.003, $0.07, and $0.5

Abdulkarim Abdulwahab
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Here Are Projected Timelines for Shiba Inu to Hit $0.003, $0.07, and $0.5

While notable entities like ChatGPT and Telegaon agree that Shiba Inu could take several years to attain $0.003 or $0.07, they disagree on the $0.5 outlook.

Shiba Inu has erased a leading zero in the ongoing bull market, maintaining a floor price in the $0.00002 range. However, it has been three months since SHIB achieved its latest milestone, and enthusiasts are eager for further progress.

Amid this optimism, prominent entities, including AI chatbots like ChatGPT, have speculated when Shiba Inu might trade with fewer zeros. This analysis focuses on projections for SHIB reaching $0.003, $0.07, and $0.5.

Shiba Inu Attaining Hit $0.003, $0.07, and $0.5

At its current market price of $0.00002328, Shiba Inu would need to increase by 12,786% to reach $0.003. Similarly, to achieve the price points of $0.07 and $0.5, Shiba Inu would require even more extraordinary surges of 300,587% and 2,147,666%, respectively.

Timelines for Shiba Inu to Hit $0.003

Given the magnitude of these potential increases, ChatGPT acknowledged that predictions about SHIB reaching $0.003, $0.07, or $0.5 are highly speculative. Before making predictions on potential timelines, it considered various factors that could impact SHIB’s price trajectory. 

These factors included overall market trends, the coin’s adoption and practical uses, and the frequency and volume of token burns.

Regarding the target price of $0.003 for Shiba Inu, ChatGPT suggested that achieving this level could take a number of years. It noted that this target would become a reality if SHIB continues to gain substantial adoption and if market sentiment remains strongly positive.

While ChatGPT did not commit to a specific date for Shiba Inu to reach the $0.003 milestone, the prediction platform Telegaon has put forward the year 2035 as a possible timeline. 

Similarly, the crypto exchange Changelly projected an average price of $0.00317 for Shiba Inu by February 2040.

Timelines for SHIB to Hit $0.07

However, ChatGPT emphasized that the $0.07 target is an extremely ambitious goal that demands unprecedented levels of adoption, utility, and market cap.

Accordingly, it suggested that reaching $0.07 could take a decade or more, depending on the crypto market’s overall growth and SHIB’s specific developments.

ChatGPT projection for Shiba Inu
ChatGPT projection for Shiba Inu

On the other hand, Telegaon suggested a nearly two-decade timeline for Shiba Inu to reach $0.07. Meanwhile, Changelly analysts offered no timeline for this target. They likely deemed $0.07 unattainable, as their maximum projected price for SHIB is $0.033 by 2050.

The Case for SHIB at $0.5

ChatGPT expressed that the prospect of Shiba Inu reaching $0.5 per token is extremely speculative and improbable. Specifically, the AI bot observed that SHIB would become one of the world’s most valuable assets at such a price point, eclipsing many established financial instruments in market cap.

This results from the calculation that at a price of $0.5, Shiba Inu’s market cap would soar above $293 trillion. This estimation assumes a scenario where Shiba Inu’s circulating supply does not change. 

As a result, ChatGPT stressed that a $0.5 valuation for Shiba Inu is not grounded in the realities of the current market environment. Telegaon, however, disagreed with this view, suggesting a minimum price of $0.62 for SHIB by 2050 and a maximum of $1.06.

Shiba Inu Mentions Altcoin That Could Reshape SHIB Universe 

Lele Jima
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Shiba Inu Mentions Altcoin That Could Reshape SHIB Universe 

Shiba Inu’s ecosystem team sheds light on Kendu Inu (KENDU), an altcoin poised to reshape the SHIB universe. 

The team revealed this in the 27th edition of its weekly magazine, published on June 5. 

Kendu Inu: The Wild Card Reshaping SHIB Universe  

According to the magazine, Kendu Inu is a memecoin themed after the Japanese dog breed Kai Ken. The team behind the token seeks to defy convention by prioritizing identity and community over typical tokenomics. 

Although Kendu embodies the relentless spirit of Shiba Inu, it does not follow the pattern of other tokens within the ecosystem, which aim to burn SHIB and BONE. The Kendu team, led by its pseudonymous founder, Kendu Miazaki, is focused on first building a strong brand and a cult-like following united by a shared vision before delving into other responsibilities. 

“We are first and foremost a meme coin, focusing on the brand first […] You can have the best product in the world, but if nobody knows about it then… nobody knows about it, and nobody will use it,” Miazaki remarked.  

Community Growth and Vision 

As of when the magazine was published, Kendu boasted a following of 6,000 X users. Interestingly, the figure has soared to over 10,043 in the hours leading up to press time. 

Kendu Inu uses a brand-first strategy to stand out in the already saturated memecoin space. It also aims to contribute significantly to the growth of the Shibarium ecosystem by bringing new users and ideas, which could help it achieve its vision of a billion-dollar market cap. 

Currently, KENDU boasts a market cap of $203.61 million, placing it as the 2,743rd biggest crypto on CoinMarketCap. The token was priced at $0.0002048, down 9.38% over the past 24 hours. At the current price, KENDU is down 24.17% from its all-time high of $0.0002694, recorded on June 13, 2024. 

Despite launching this year, KENDU has already been listed on top crypto exchanges, including LBank, BitMart, and Poloniex.  Data from CoinMarketCap shows that the token’s 24-hour trading volume was down 20.24% to $4.85 million. 

Shiba Inu Team Shares Latest Update on Its Play-to-Earn Game

Lele Jima
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Shiba Inu Team Shares Latest Update on Its Play-to-Earn Game

The Shiba Inu ecosystem team shares a new update about the play-to-earn (P2E) version of its upcoming Collectible Card Game (CCG), Shiba Eternity. 

In an X post yesterday, Shiba Inu’s marketing lead, Lucie, disclosed that the highly anticipated blockchain version of Shiba Eternity is nearing its launch. She emphasized that the game already has a mobile version that allows players to earn ‘Kibbles.’ 

Potential Features of Shiba Eternity

However, the marketing lead noted that the upcoming blockchain version of Shiba Eternity will differ from the mobile version released in October 2022. Notably, she highlighted some hypothetical features of the forthcoming version. 

At the top of the list is the upcoming TREAT token. Lucie noted that the token will play a significant role in Shiba Eternity. As reported earlier, Lucie said the Shiba Inu community could earn TREAT while playing the game. While players earn Kibbles in the mobile version of Shiba Eternity, they will earn TREAT when the game debuts on Shibarium. 

According to Lucie, the second feature that the upcoming Shiba Eternity will offer is the use of Bone ShibaSwap (BONE) within the game store. This suggests that players could purchase in-game assets from the Shiba Eternity store using BONE. 

Third, Lucie emphasized the importance of Shiboshi ownership in the upcoming Shiba Eternity game. To interact with other Shiboshis, players will need to own genuine Shiboshi NFTs or rent them from holders. 

With Shiba Eternity expected to debut on Shibarium, the marketing lead said the game could potentially bolster the network’s transaction volume, leading to significant SHIB burns. 

Meanwhile, Lucie stated that details about the upcoming features of Shiba Eternity are speculative and subject to change. 

Current Status of Shiba Eternity 

Shiba Inu’s development team has been working behind the scenes to launch the blockchain version of Shiba Eternity. The team has been identifying and fixing bugs through ongoing in-house testing in anticipation of the beta testing scheduled to commence in Q2 2024. 

Upon completing the beta testing, with all bugs fixed, the Shiba Inu ecosystem team would decide when to launch the P2E version of the game on Shibarium’s mainnet. In December, Lucie projected that the launch could happen this year. 

Ripple CEO Says It is Strange Market Has Not Rewarded XRP

Abdulkarim Abdulwahab
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Ripple CEO Says It is Strange Market Has Not Rewarded XRP

Ripple CEO Brad Garlinghouse laments that the crypto market has not rewarded XRP for its unique position.

Garlinghouse voiced this sentiment during an interview at the recently concluded XRP Ledger Apex conference. He highlighted that XRP stands out in the U.S. market as the only cryptocurrency with regulatory clarity.

Strange Market Has Not Rewarded XRP 

Garlinghouse contrasted XRP’s position with that of Ethereum (ETH), the largest altcoin. He noted that XRP is one of the few cryptocurrencies in the U.S. that can definitively be said not to be a security. 

In contrast, ETH’s status is uncertain, with the U.S. SEC having sent pre-warnings to its founders about a potential lawsuit.

In March, reports emerged that the SEC was moving to classify ETH as a security by seeking financial documents concerning the Ethereum Foundation’s engagement with U.S. firms, sparking widespread criticism from the crypto community.

Garlinghouse cited Ethereum’s precarious position to highlight XRP’s distinct advantage, especially after District Judge Analisa Torres ruled on July 13, 2023, that XRP is not a security.

Despite this clear regulatory advantage, Garlinghouse expressed his surprise that the market has not reflected this in XRP’s value. In his words, “I think it’s strange that XRP is in such a unique position, and the market hasn’t kind of rewarded that.”

Widely followed community figure “XRP DROPZ” called attention to the statement from the Ripple CEO.

XRP Trajectory After Lawsuit Victory 

Notably, the Ripple CEO’s sentiment comes amid XRP’s current underperformance in the crypto market. XRP is trading at $0.478, showing a flattened cumulative one-year gain.

Following the July 2023 court ruling clarifying XRP’s regulatory status, the asset soared by over 100% within 24 hours, reaching a peak of $0.93. However, its subsequent trajectory has puzzled many. 

Specifically, XRP is now down approximately 50% from its July $0.93 high despite nearly all prominent U.S. exchanges, such as Coinbase, Gemini, CryptoCom, and Kraken, relisting XRP. Moreover, platforms like Grayscale have reinstated it in their investment products.

During the same period, the broader crypto market entered a bull run, with Bitcoin, BNB, Floki, and Injective (INJ) breaking their 2021 all-time highs. Yet, XRP declined instead of following this bullish trend.

An investigation by The Crypto Basic earlier this year revealed that XRP’s price stagnation is due to a lack of demand, not Ripple’s routine sales, as some have speculated. 

Analyst Sees XRP Hitting $1 to $500+, Here’s Timeline

Sam Wisdom Raphael
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Analyst Sees XRP Hitting $1 to $500+, Here’s Timeline

Prominent crypto analyst EGRAG believes XRP could hit its peak for the current cycle in July 2024 or May 2025, with an ascending channel detailing prices between $1 and over $500.

He based this analysis on XRP’s historical performance, assessing the duration between different market cycles and leveraging it to come to a conclusion. Notably, the latest analysis comes at a time when XRP is facing the impact of the ongoing market collapse, having slumped below the $0.50 zone.

After reaching a high of $0.5571 on May 21, XRP continued to face downward pressure. This bearishness spilled into the new month, with XRP now down 7.61% on the monthly time frame. Despite this turbulence, analysts like EGRAG are confident that XRP will outperform the market like it did in 2017.

XRP Previous Cycle Peaks

EGRAG’s recent market analysis rests on this premise, as the veteran analyst projects timelines for when he believes XRP could spike to its peak value for this cycle. In his analysis, he presents two possible scenarios, each based on the duration from the previous cycle’s top.

One of these scenarios, dubbed the Blue Cycle, features the time XRP took to reach the peak of $1.96 in the 2021 cycle. Notably, XRP hit the $1.96 cycle top in April 2021, which took 39 months, or about 1,186 days, from the $3.31 peak it witnessed in the previous cycle in January 2018.

The second scenario, dubbed the Green Cycle, highlights the duration for XRP to reach the $3.31 peak for the 2018 cycle. This peak materialized in January 2018, representing a 49 month or 1,492 day timeframe from the previous cycle top of $0.0614 in December 2013.

Essentially, in the Green Cycle, XRP took 49 months from the previous cycle peak to reach the top for the current cycle then. However, in the Blue Cycle, it took XRP 39 months from the previous cycle peak to reach its top for the ongoing cycle. EGRAG believes XRP would follow either of these cycles, mirroring their durations from cycle top to cycle top.

Possible Cycle Top Between $1 and $500+

Notably, in the current market cycle, XRP has already spent 38 months from the previous cycle peak which came up in April 2021. If it trails the Blue Cycle, the next cycle top would come up in July this year, marking 39 months. Nonetheless, if XRP follows the trajectory of the Green Cycle, it would take an extra 11 months to reach this cycle’s top, specifically in May 2025.

This entails that XRP could record a massive price upswing at these dates. While EGRAG fails to provide specific price targets for the top, his chart presents some vague insights. Notably, data from the chart shows that XRP needs to remain within a multi-year ascending channel consisting of five trendlines serving as support and resistance.

Following the drop to the current price of $0.4781, XRP has slipped below the ascending channel. A recovery push could see it re-enter the marked territory. Interestingly, if XRP hits its cycle peak while inside the channel, the top could range from $1 to over $500 depending on the level it trades within the channel.

SEC New Filing in Ripple Case Stirs Settlement Debate in XRP Community

Lele Jima
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SEC New Filing in Ripple Case Stirs Settlement Debate in XRP Community

Following the SEC’s latest filing in the Ripple case, XRP community members speculate that the parties could settle this summer.  

The U.S. Securities and Exchange Commission (SEC) has filed its response to Ripple’s supplemental authority letter regarding the Consent Judgment in the SEC v. TerraForm Labs (TFL) lawsuit. 

Ripple Supplemental Authority 

Recall that Ripple filed the letter on June 13 to further support its opposition to the SEC’s remedies-related demand of $2 billion. According to the TFL Consent Judgment, the defendant agreed to settle the SEC lawsuit by paying over $3.58 billion disgorgement and a civil penalty of $420 million. 

Consequently, Ripple contended that the civil penalty represents 1.27% of TFL’s gross sales of $33 billion. The crypto payments company stated that the agreed amount is substantially less than the amount requested by the SEC in its case. Furthermore, Ripple argued that while the TFL judge uncovered two fraudulent schemes that led to the wipeout of over $40 billion, there was no evidence of fraud in its case. 

SEC Response 

It bears mentioning that seasoned defense lawyer James K. Filan shared the SEC’s response on X today. According to the filing, the SEC emphasized that the TFL’s Consent Judgment stemmed from a settlement, adding that such an event is of limited value in determining remedies.  

With Ripple asking the court to tether the determination of the TFL settlement to its penalty determination, the SEC argued that the crypto payments company did not consider certain factors. These include TFL’s bankruptcy, the company’s acceptance to destroy the keys to the wallet holding its crypto assets, and the reimbursement of a significant amount of investors’ losses. 

“The SEC took all these factors in agreeing to a settlement and repeatedly cited them as the facts relevant for the court to approve the settlement under applicable law,” the regulator remarked. 

However, the SEC pointed out that Ripple did not agree to any of the reliefs cited in the TFL case. The SEC emphasized that the TFL settlement is irrelevant in determining the penalties necessary to punish Ripple because the latter did not acknowledge its violation of securities laws. Instead, it has continued to “enrich itself by engaging in conduct awfully similar to the conduct that resulted in the violation of securities laws in the first place,” the SEC argued. 

SEC Faults Ripple’s Representation of TFL Penalty Ratio 

Furthermore, the SEC faulted Ripple’s comparison of TFL’s civil penalty of $420 million to the gross sale of $33 billion, noting that the company should have compared the penalty to the gross profit of $3.587 billion. 

The securities regulator argued that the $420 million to $3.587 billion ratio is significantly higher at 11.7%. The SEC claimed that applying the figure to Ripple’s gross profits of $876.3 million it seeks as disgorgement would also result in a potential penalty of $102.6 million instead of the $10 million cap the defendant insists on. 

XRP Community Thinks a Settlement Could Happen This Summer 

Following the SEC’s estimation, XRP community members speculated that the SEC v. Ripple case could be heading for a settlement. 

Abdullah “Abs” Nassif, the host of the Good Morning Crypto podcast, stated that the SEC is now asking for a settlement of $102.6 million rather than the nearly $2 billion it initially requested. 

He created a poll urging XRP enthusiasts to vote on whether they believe the SEC and Ripple will agree to a settlement this summer. With 13 hours left before the poll ends, 69.1% of the 780 votes cast so far opine that the parties will settle this summer. 

 

XRP to $1,000: Analyst Outlines Market Reactions at Key Price Milestones

Abdulkarim Abdulwahab
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XRP to $1,000: Analyst Outlines Market Reactions at Key Price Milestones

BarriC, a pro-XRP crypto commentator, recently discussed potential market reactions to XRP at various price milestones on its anticipated journey to $1,000.

As one of the most ambitious voices in the XRP community, BarriC has consistently maintained that the asset will eventually reach four-digit values. Despite facing criticism from skeptics, he believes that, in hindsight, even a $500 XRP will be seen as a bargain.

In his latest commentary on X, he outlined potential community reactions as XRP reaches strategic price points such as $1, $3, $5, $10, $100, and $1,000.

Reactions for XRP at $1, $3 and $5

BarriC noted that the current sentiment towards XRP at its value below $0.5 is one of frustration, with some labeling it a dead coin. This frustration is fueled by the fact that XRP leads the rank of underperforming crypto assets in this bull market. 

For instance, while Bitcoin, Ethereum, BNB, and Solana saw gains of about 50% in Q1, XRP registered a 5% loss, according to Ripple’s latest quarterly report. Additionally, in the last quarter of 2023, as the bull market frenzy began, XRP only saw a 7% gain, which it subsequently lost.

Despite this, BarriC and other optimistic XRP enthusiasts believe this underperformance is temporary. He particularly predicts that when XRP eventually reclaims the $1 price point it lost three years ago, the community’s reaction will likely remain dismissive.

However, according to the pundit, reactions might shift slightly upon reaching $3. BarriC believes dismissive voices will begin arguing that $3 is a “pathetic ATH” rather than acknowledging the feat. Notably, XRP last reached its ATH of $3.84 in January 2018, or six years ago.

By the time XRP hits $5, BarriC expects skeptics to become more inquisitive, questioning why XRP continues to rise.

Reactions to XRP at $10, $100, and $1,000

BarriC believes that the fear of missing out (FOMO) will not truly set in until XRP reaches $10, though he anticipates critics hoping for a pullback to $3.

At the $100 price level, he argues that people will start recognizing XRP’s utility in payments and real-world asset (RWA) tokenization, leading to increased investment interest.

Finally, if XRP reaches $1,000, BarriC speculates that most of the crypto community will view XRP as an essential asset, with people saving up all month to buy one XRP at that price.

Opposing View

While some people share this view, others consider it wishful thinking. In a separate discussion, an X user highlighted that three years ago, XRP reached $1.96 despite lacking regulatory clarity and being embroiled in a lawsuit. 

Now, three and a half years later, XRP is at $0.48, even with U.S. court clarity, relisting on major exchanges like Coinbase and Grayscale reinstating XRP in its DLC Fund. 

Despite these positive developments, the price performance has been underwhelming. Consequently, many have lost confidence in XRP, although some retain a sense of optimism.

Bitcoin (BTC) Price to Hold $65k Support Despite Fed Rate Pause

Mark Brennan
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Bitcoin (BTC) Price to Hold $65k Support Despite Fed Rate Pause

Bitcoin price fell as low as $66,865 on Wednesday, June 13, as the US Federal Reserve dashed investors’ hopes of an H1 2024 rate cut; on-chain data trends explain how BTC managed to stay above the critical $65,000 support level. 

Bitcoin Price Tumbled 7% After US Fed Rate Pause Decision

The crypto market slipped further into its ongoing consolidation phase, as bulls failed to build on the positive start to June 2024, amid hawkish shifts in US macroeconomic indices.

Despite the slowing CPI inflation signalling an imminent economic soft-landing, the US Federal Reserve has opted to keep interest rates at elevated levels after the latest FOMC meeting on June 12.

As expected, risk assets markets including the cryptocurrency sector reacted negatively to the Fed rate pause decision.

Bitcoin price action after US Fed Rate Pause Decision | (BTC/USD) TradingView
Bitcoin price action after US Fed Rate Pause Decision | (BTC/USD) TradingView

As seen above, Bitcoin price rapidly fell as to a daily timeframe bottom of $66,896 after the US Fed rate decision hit the news reels on Wednesday, June 12. This marks 7.22% decline in BTC prices within the 7-day timeframe.

But interestingly, despite the negative short-term market sentiment, Bitcoin bulls managed to avert a reversal below the critical $65,000 psychological resistance.

Long-term Investors Unwilling to Sell Bitcoin

After nearly a week of rising market volatility, Bitcoin sellers are now showing early signals of fatigue. If it persists, this move could spark a mild BTC price rebound phase in the coming weeks.

Santiment’s Age Consumed chart below monitors the level of selling pressure among long-term investors. Essentially, it is derived by multiplying the number of BTC coins traded on a given day by the number of days since they had stayed unmoved.

Whenever a number of long-term BTC investors are in sell-off mode, a significant spike shows up on the Age Consumed chart, and vice versa.

Bitcoin Price vs. BTC Age Consumed | Santiment
Bitcoin Price vs. BTC Age Consumed | Santiment

Bitcoin Age Consumed only a monthly time-frame peak of 45.35 million on June 11, as traders entered a rapid selling frenzy in the aftermath of the latest US Federal Reserve’s rate pause decision.

However, looking closely at the snapshot above, the latest BTC Age Consumed spike is 91% lower than last month’s peak observed on May 28. This indicates that the majority of long-term investors in Bitcoin are unwilling to carry out another large-scale sell-off within the current market dynamics.

In combination with rising inflows from Bitcoin ETFs, this decline in selling tendencies among long-term holders largely explains why BTC price avoided a reversal below $65,000, instead consolidating above the $68,000 territory on Thursday, June 13.

Bitcoin Price Forecast: $65,600 Support to the Rescue

Drawing inferences from the on-chain data analysis above, Bitcoin price looks set to consolidate above the $65,000 level despite the current negative market sentiment. IntoTheBlock’s IOMAP data further affirms of this optimistic Bitcoin price forecast.

As seen below, there’s large cluster of 1 million addresses, that acquired 573,740 BTC at the average price of $65,591.

Bitcoin price forecast | BTC/USD | TradingView
Bitcoin price forecast | BTC/USD | TradingView

To avoid slipping to a net-loss position, majority of those holders could opt to make covering purchases if BTC price tumbles close to the $65,600 in the near-term, there by triggering a rebound.

Likewise, in the event of another upward price breakout, Bitcoin bull will face daunting resistance at the $69,000 territory.

In effect, without any outlier catalyst, BTC price now looks likely to consolidate within the $66,000 to $70,000 channel as the week draws to a close.

5 Best Crypto For Long Term: These Hidden Gems Will Crush The Markets!

Andrew MacGill
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5 Best Crypto For Long Term: These Hidden Gems Will Crush The Markets!

Crypto investments have become a big deal in the financial world, and lots of people are starting to invest in this sphere. But for beginners, figuring out the market sentiments and choosing the best crypto for long term can be difficult. While some people invest in crypto tokens for quick returns, seasoned investors keep a “long-term” crypto portfolio with key investments into future-proof crypto projects.

This article is here to help you with the five best crypto for long term. These hidden gems can crush the market in the coming times, offering you maximized returns on your investments. 

5 Best Crypto For Long Term

Here is our cherry-picked list of the five best crypto for long term that can keep fetching you profits for as long as you hold them in your crypto portfolio. 

  1. 5thScape (5SCAPE)
  2. DarkLume (DLUME)
  3. Fetch.ai (FET)
  4. yPredict.ai (YPRED)
  5. Jupiter (JUP)

We will now delve deeper into these five crypto tokens and understand which of these five options offers the best opportunity for maximum profits in the long term!

5thScape (5SCAPE)

Get ready for a never-before VR entertainment experience with 5thScape! This platform is a game-changer, combining blockchain muscle with a vast VR library. Indulge in adrenaline-pumping VR games like MMA battles of Cage of Conquest, or lose yourself in VR movies, highly interactive and fun educational content – all within this immersive universe. 5thScape’s native token, 5SCAPE, is your access pass to the platform’s VR experiences. Don’t miss your chance to be an early investor in this profitable investment opportunity.

Click here to visit the Presale Page of 5thScape

Invest in the 5thScape presale now and get a chance to grab your 5SCAPE tokens at the best prices! Become a leader in the future of VR entertainment. 

DarkLume (DLUME)

Forget social media channels; the future of connection is the metaverse! DarkLume, a unique metaverse platform, lets you transcend the boundary of old-school social interactions and explore virtual worlds by purchasing virtual citizenships to different countries. As the metaverse technology booms, DarkLume stands out with its innovative concept of buying virtual citizenships in different simulated countries and many more features waiting to be unveiled. This opens doors to a universe of exploration and entertainment, going beyond the limitations of the social focus of other such platforms. DarkLume positions itself as a leader in this growing market, making DLUME, its native token, worth consideration for long-term investment.

Check the official website of Darklume here! 

Fetch.ai (FET)

Fetch.ai is revolutionizing the way we interact with digital services by deploying decentralized AI solutions. The platform leverages machine learning and blockchain technology to enable autonomous “agents” that perform various tasks, from optimizing supply chains to managing energy grids and even personal data sharing. The Fetch.ai ecosystem empowers developers to create these agents and provides the tools necessary for seamless integration.

The FET token is integral to this ecosystem, facilitating transactions and functioning as the primary incentive for agent operations. With the increasing reliance on AI and blockchain, Fetch.ai stands as a promising project for long-term growth, making FET a valuable addition to your crypto portfolio.

yPredict.ai (YPRED)

yPredict.ai offers crypto investors access to unique AI-powered market analysis and prediction tools. This platform utilizes artificial intelligence to generate market insights and predict crypto token trends. By warning about potential pitfalls and deciphering complex chart patterns, yPredict.ai helps investors make informed crypto investment decisions. Accessing these tools requires YPRED tokens, the native crypto token of the yPredict platform. As the popularity of AI-based algorithmic trading grows, the demand for yPredict’s tools is expected to rise. This demand could potentially drive up the value of YPRED tokens, which have a limited supply, too. 

Jupiter (JUP)

The Jupiter Project wants to make it easier and more secure for newcomers to indulge in the crypto market. Built on Solana, Jupiter offers a user-friendly platform for exchanging different crypto tokens. The platform achieves this by using JUP, its native token, to connect users with the best possible exchange rates across various platforms.

The JUP token gives its holders essential voting rights, which allows them to have a say in the project’s future direction. Additionally, the project prioritizes security by using military-grade encryption to secure user data and transactions. With a focus on ease of use, security, and community involvement, the Jupiter Project itself is a valuable tool for both new and experienced crypto investors on a long-term basis.  

The JUP token, possessing various use cases within the Jupiter platform, offers its investors a chance to profit from the Jupiter platform’s growth.

Why 5thScape Token Is the Most Lucrative Investment Option

The 5SCAPE token is essential for accessing and enjoying the platform’s diverse VR offerings, ensuring consistent demand as the platform’s user base expands and driving up its value over time. The ongoing presale of 5SCAPE tokens presents a golden opportunity for early investors to acquire tokens at a significantly lower price, with early adopters standing to gain the most as the platform grows and the token’s value increases. 

5thScape is actively forming strategic partnerships with VR content creators and other blockchain projects, enhancing the platform’s content library and technological capabilities and further boosting the 5SCAPE token’s value. The team behind 5thScape comprises experienced professionals with extensive backgrounds in VR technology and blockchain development, ensuring continuous innovation and improvement, making the platform more attractive to users and investors alike. 

With the global VR market experiencing exponential growth and increasing adoption across various sectors, 5thScape is well-positioned to take advantage of this trend, providing long-term growth potential for the 5SCAPE token.

Final Thoughts on 5 Best Crypto For Long Term 

When investing in a crypto token long-term, it is important to exercise patience and stay hopeful during unfavorable market conditions. The five crypto projects we have listed in this article carry strong fundamentals and much-needed values for long-term growth. Projects like 5thScape, Fetch.ai, DarkLume, and yPredict have a secure future as their user base is rising.

Invest in these promising cryptos for the long term and create a well-balanced crypto portfolio with exposure to growing industries. However, remember to research its background to ensure that a crypto project meets your investment goals.

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