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Ethereum Eyes $1,750 as Bulls Target Range Breakout

Albert Brown
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Ethereum Eyes $1,750 as Bulls Target Range Breakout

Ethereum is nearing key resistance at $1,675, and a bullish breakout could push prices toward $1,750 amid ongoing whale accumulation.

As Bitcoin crosses the $87,000 mark, Ethereum is steadily gaining momentum. Over the past 24 hours, Ethereum’s market price has surged by nearly 3.5%, reaching $1,647.

With this recovery rally, Ethereum is approaching the $1,675 supply zone. Will this drive ETH prices beyond $1,750?

Ethereum Targets $1,650 Breakout

In the 4-hour price chart, the Ethereum price trend showcases a bullish breakout of a long-standing resistance trendline. Furthermore, the recent recovery run marks a positive cycle within a consolidation range. 

The sideways range exchanges between the 23.60% and 38.20% Fibonacci levels. The lower boundary is at $1,577, with the upper ceiling at $1,675.

CRYPTO:ETHUSD Chart Image by Trojan69420

Currently, Ethereum’s recovery run has created five consecutive bullish candles that surpass the 50-EMA line. However, the uptrend faces opposition from the overhead supply zone and the 100-EMA line.

Nevertheless, the short-term recovery, fueled by the trendline breakout rally, marks a positive crossover in the MACD and signal lines. This projects an increased possibility of a breakout run. 

Based on the Fibonacci levels, the 100-EMA breakout, followed by the consolidation range breakout, will likely challenge the 50% level near the 200-EMA line. This projects a high potential for Ethereum to surpass $1,750. Conversely, a potential bearish reversal will likely retest the 23.60% level.

Ethereum Traders Anticipate Strong Recovery Ahead

Amid the growing possibility of a new bullish cycle in Ethereum, the interest of traders in Ethereum derivatives is growing significantly. Open interest has surged by 4.83%, reaching $19.19 billion and the funding rate is flipping positive.

Furthermore, in the past four hours, long positions in the Ethereum derivatives have surged to 55.83%, driving the long-to-short ratio to 1.264. This signals the increased bullish sentiments for Ethereum in the derivatives market. 

Ethereum Long/Short Ratio Chart
Ethereum Long/Short Ratio Chart

Analyst Signals A Potential Bullish Momentum

Adding to the possibility of a bullish run ahead, Ali Martinez, a crypto analyst, suggests a massive recovery for Ethereum this week. Based on the TD Sequential Indicator, Ali Martinez highlights a potential bullish reversal upcoming for Ethereum. 

The analyst hints at a potential shift in bullish momentum as the Technical Indicator triggers a buy signal.

Whales Accumulating ETH

Amid Ethereum’s growing possibility of a bullish turnaround, whales are starting to accumulate ETH rapidly. As per a recent tweet by LookOnChain, a whale has acquired 1,897 Ethereum worth $3 million. Earlier this month, the same whale withdrew 3,844 Ethereum worth $6.5 million from the Bitget exchange.

Furthermore, a different whale acquired 6,528 Ethereum worth $10.69 million, bringing the whale’s holding to 6,624 Ethereum worth $10.83 million. As whales continue to acquire ETH, the possibility of a bull run grows significantly.

 

Top Analyst Predicts How High Cardano Could Go if Bitcoin Breaks $250K

Albert Brown
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Top Analyst Predicts How High Cardano Could Go if Bitcoin Breaks $250K

Analyst Nick Valdez, aka Deezy, has projected how high the Cardano price could go should Bitcoin attain $250K, pointing to a likely 13X gains.

Cardano has demonstrated notable strength over the past week, stabilizing and gradually advancing despite widespread market turbulence. ADA trades at $0.6444 today, reflecting a 3.12% rise in 24 hours and a 0.56% increase over seven days.

Amid the recent recovery, crypto analyst Valdez analyzed Cardano’s performance against Bitcoin using the ADA/BTC pair on the weekly timeframe. He identified a long-term descending resistance trendline and noted that ADA recently lost support at a key lower trendline. According to Deezy, these trend levels are closely monitored by large holders due to historical price reactions.

Currently, Cardano trades around 740 satoshis, significantly below its 2021 high of 6,000 satoshis. Deezy projected a bullish price target for ADA based on a scenario where Bitcoin reaches $250,000.

Cardano Price if Bitcoin Hits $250K

For context, Cardano founder Charles Hoskinson predicted the $250K Bitcoin price last week. In a live interview, Hoskinson said BTC’s price could reach $245K this year or next.

According to Valdez’s breakdown, if Bitcoin triples from its current level of approximately $84,000, and ADA/BTC regains strength with a 4.5x increase, Cardano’s price in USD could surge significantly.

Deezy calculated the potential outcome using ADA’s value of $0.62. Multiplying this by the expected 4.5x ADA/BTC gain and the 3x Bitcoin price increase results in a projected ADA price of $8.39.

He emphasized that this projection is based on historical trend lines and realistic market behavior, avoiding speculative extremes. With the growing relevance of Bitcoin DeFi and the UTXO model—key areas where Cardano is well-positioned—Deezy reaffirmed his bullish stance.

He advised ADA holders to remain patient and not sell prematurely, as further upside may unfold in the next market cycle.

$20 Target to Long-Term Forecasts

In a separate development, a delegated representative (DRep) in Cardano’s governance system, Altcoin Oracle, added another dimension to ADA’s potential. On April 17, he suggested a long-term price target of $20, following a key collaboration between Cardano’s ecosystem and BitcoinOS. 

The project, led by Cardano founder Charles Hoskinson, aims to integrate Bitcoin-based DeFi features into the Cardano network. The initiative, born from a partnership between EMURGO and BitcoinOS, focuses on unlocking smart contract capabilities for Bitcoin developers while tapping into over $1.6 trillion in BTC liquidity. 

Altcoin Oracle consulted ChatGPT to model Cardano’s future market cap, assuming the successful integration of Bitcoin DeFi. The tool projected a market cap between $500 billion and $1 trillion.

With a 50 billion ADA token supply, prices would be between $10 and $20. Meanwhile, based on ADA’s circulating supply of 35.28 billion, the projection suggests a range between $14 and $28.

Growth Tied to Network Utility and Developer Activity

Cardano’s DeFi positioning in relation to Bitcoin could also alter its place in the broader blockchain landscape. 

The ChatGPT-based projection stated that, under such conditions, Cardano may rival Ethereum in decentralized applications and total value locked (TVL). The analysis ties these projections to anticipated institutional interest and liquidity influx, especially if Cardano becomes a central infrastructure layer for Bitcoin DeFi.

Bitcoin Tops $87K: Bulls Anticipate Breakout Rally to $92K

Albert Brown
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Bitcoin Tops $87K: Bulls Anticipate Breakout Rally to $92K

Bitcoin has reclaimed $87K and is now targeting $92K, fueled by hype surrounding Michael Saylor and a surge in derivative market activity.

As Bitcoin reclaims $87,000, the crypto market is back on a bullish front. At press time, Bitcoin trades at $87,424, recording an intraday recovery of nearly 3%. 

The bullish momentum signals a potential breakout from a significant supply zone near the $88,000 mark. Will recent sentiment driven by Michael Saylor and growing interest in the derivatives market push BTC prices back to $92,000?

Bitcoin Price Analysis Signals $88K Breakout

On the daily chart, BTC shows a bullish breakout from a falling wedge pattern, gaining momentum. With the intraday recovery, Bitcoin has surpassed a long-standing resistance level around $86,000.

Bitcoin Daily Price Chart
Bitcoin Daily Price Chart

A bullish engulfing candle has broken past the 61.80% Fibonacci retracement level at $86,146. Currently, Bitcoin is closing in on reclaiming $88,000 for the second time this month.

As the wedge breakout rally gains strength, Bitcoin is approaching a key reversal point. The daily RSI has moved above the midpoint, indicating rising bullish momentum. Additionally, the recovery is nearing the red line of the Supertrend indicator, positioned around $89,386.

If Bitcoin manages a daily close above this level, the Supertrend indicator will confirm the start of a new bullish cycle.

On closer inspection, the BTC price is also approaching a stronger supply zone on the lower time frame. In the 4-hour chart, the recovery began with a double-bottom reversal near $75,000.

Bitcoin 4-hour Price Chart
Bitcoin 4-hour Price Chart

The bullish rally is now approaching the $88,000 supply zone. Furthermore, a golden crossover between the 50 EMA and 200 EMA, along with a positive MACD crossover, supports the likelihood of a trend reversal.

Based on the lower time frame of Fibonacci levels, the uptrend could reach the 1.272 Fibonacci extension at $91,959.

Optimistically, the breakout could extend to the 1.618 Fibonacci retracement near $96,500. Price analysis on both higher and lower time frames supports the possibility of a sustained recovery in BTC.

Charging Bulls Boost Bitcoin Open Interest and Long Positions

As Bitcoin’s recovery gains traction, traders are entering the derivatives market with leveraged positions. Bitcoin derivatives have seen a spike of over 3% in open interest, now totaling $59.33 billion.

Bitcoin Derivatives
Bitcoin Derivatives

Furthermore, the open interest-weighted funding rate has risen to 0.0052%, indicating that long-position holders are willing to pay a premium to maintain their positions.

Over the past 36 hours, long positions have surged. According to the Bitcoin Long-to-Short Ratio chart, long positions have increased from 48.39% to 52.35%. This has pushed the Long-to-Short Ratio up to approximately 1.0986, reflecting a notable increase in bullish sentiment and expectations of an extended recovery.

Bitcoin Long/Short Ratio Chart
Bitcoin Long/Short Ratio Chart

Growing Whale Holdings Support Bullish Outlook

Despite significant corrections in early 2025, whale holdings of Bitcoin have risen markedly. According to CryptoQuant, whale holdings increased from 3.3865 million BTC on January 1 to 3.5085 million BTC by April 19.

This represents a strong upward trend. Although the 30-day high reached 3.5368 million BTC, the 30-day percentage change in whale holdings is 0.6189%.

The steady accumulation by whales supports the case for a continued bull run. Notably, this data excludes holdings by exchanges and mining pools.

Bitcoin Whale Holdings
Bitcoin Whale Holdings

Michael Saylor Maintains “Only Advance” Bitcoin Strategy

Michael Saylor remains one of the most influential figures in Bitcoin’s current momentum. Recently, Saylor tweeted Strategy Portfolio Tracker. It highlights the insufficient orange dots, a visual marker of Strategy’s Bitcoin purchases. This hints at a potential new Bitcoin acquisition this week. The firm has continued to maintain its trend of weekly Bitcoin purchases as it holds over 500K BTC.

In another tweet, Saylor also noted the increasing indirect institutional and retail exposure to Bitcoin through Strategy. According to public data from Q1 2025, more than 13,000 institutions and 81,000 retail accounts hold MSTR stock, representing 55 million beneficiaries indirectly exposed to Bitcoin through ETFs, mutual funds, pensions, and insurance products.

Is a Fed Rate Cut the Next Bull Run Catalyst?

Adding to Bitcoin’s bullish potential, the FedWatch Tool projects a possible 25-basis-point rate cut in the upcoming Federal Reserve meetings scheduled for May 6–7.

However, rates are currently likely to remain unchanged. Looking ahead to the June FOMC meeting, the FedWatch Tool indicates a higher probability of a 25-basis-point rate cut.

A potential interest rate reduction would likely fuel Bitcoin prices further, following a short-term volatility spike.

FedWatchTool

FedWatchTool

This Indicator Signals Major XRP Price Move Around the Corner: Analyst

Mark Brennan
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This Indicator Signals Major XRP Price Move Around the Corner: Analyst

Ali Martinez flags a Bollinger Bands squeeze on the 4-hour XRP chart, signaling reduced volatility and a potential major price move.

Over the Easter weekend, XRP emerged as one of the stronger performers in the crypto market’s broad recovery phase. The asset, which recently faced downward pressure, showed a swift rebound from its recent dip.

On April 20, XRP briefly dropped to near $2.03 but recovered sharply to cross $2.10 today. Currently, XRP trades at $2.13, reflecting a 2.53% gain over the past 24 hours. In addition, it is observing a marginal 0.06% rise in the last week.

Technical Patterns Indicate Volatility Shift

Amid this recovery, Ali Martinez, a widely-followed crypto analyst on X, shared a 4-hour XRP chart illustrating a notable Bollinger Bands squeeze. The indicator, which includes a 20-period simple moving average and two standard deviation bands, currently shows significantly reduced volatility. Historically, this tightening pattern often signals an upcoming sharp move in price, though the direction remains uncertain.

According to Martinez’s chart, XRP has traded within a confined horizontal range between $2.04 and $2.12. Recent candlesticks have struggled to maintain closes above the middle Bollinger Band, which sits near $2.08–$2.09. 

This price area has emerged as short-term resistance. At the same time, the lower boundary of the range, near $2.04, has consistently drawn buying interest, evidenced by repeated long lower wicks. This suggests that buyers continue to defend the support zone, with the analyst suggesting a major price move could be around the corner.

Price Forecasts Remain Divided 

While Martinez highlights technical setups hinting at a near-term move, other analysts continue to evaluate XRP’s long-term positioning. Doctor Cat, another prominent market watcher, projects a minimum price of $4.50 for XRP, even in a bearish macro environment. 

He bases this projection on several technical indicators, including the XRP/BTC ratio and the 1.618 Fibonacci extension.

His model assumes the current bottom remains intact and acknowledges that a daily close below $1.69 on the 2-day Ichimoku Cloud could challenge the setup. Still, he estimates a 50% probability that XRP has already reached its local bottom, based on his time cycle assessment.

Valuation Metrics Through Bitcoin Lens

Meanwhile, Bitcoin maximalist and JAN3 CEO Samson Mow presented an alternative valuation method for XRP and other altcoins. He recalculated XRP’s market cap—around $122 billion at the time—by dividing it over Bitcoin’s 21 million token supply.

This analysis yields an equivalent XRP price of approximately $5,800 per “Bitcoin-sized share.” Mow used this to illustrate the impact of unit bias, where investors perceive low-price tokens as undervalued without considering total supply.

Mow extended this method to Ethereum and Solana. Ethereum, with a $193 billion market cap, would equate to $9,200 per share. Solana’s $71 billion market cap converts to about $3,400 per share. He emphasized that such recalculations reveal the real market valuations of high-supply assets, challenging the idea that lower-priced tokens necessarily represent better value.

Expert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run

Lele Jima
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Expert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run

Famous crypto investor Patrick Schmitt recounts how Shiba Inu ignited a broader market frenzy in April 2021, following a period of stagnation in the crypto space.

In an X post today, Schmitt reminded crypto investors of how Shiba Inu kicked off the 2021 bull rally with its astronomical gains. Schmitt noted that as of April 2021, the market was largely dull and felt like the season was over. 

This implies that major cryptocurrencies like Bitcoin exhibited little to no price movement at the time, fueling investor doubts about the market’s future.

Shiba Inu Revives the Crypto Market

Schmitt emphasized how SHIB’s price began surging in April 2021, sparking renewed excitement and momentum across the crypto landscape. At the beginning of April, SHIB was trading at just $0.000000060—seven zeros after the decimal.

In less than three weeks, the meme-based token eliminated two zeros from its price and soared to $0.00000362 on April 19, 2021. This marks an increase of 5,933% from its April 1, 2021 opening price. 

Shiba Inu’s extraordinary gains in such a short period reignited investors’ confidence in crypto. It led to large retail buying, with major assets setting new all-time highs in subsequent months. For instance, while SHIB reached an ATH of $0.00008845 in October 2021, ETH clinched a peak price of $4,891 the following month. 

Current State of the Crypto Market 

Meanwhile, the current market state resembles the 2021 market cycle. Like April 2021, crypto performance has been relatively slow lately. Most assets, including SHIB and BTC, have failed to make any major upside move. 

In particular, Shiba Inu has remained stuck around the $0.000012 price mark over the past two weeks. On the other hand, Bitcoin has been hovering between $84,000 and $88,000 within this period. 

For many investors, this performance has fallen short of expectations, especially as U.S. President Donald Trump unveils several pro-crypto policies. 

Could History Repeat Itself?

Schmitt noted that while it remains unclear which crypto asset will trigger another rally, he emphasized that history might repeat itself even though the metrics and conditions have changed since 2021. 

This suggests that Schmitt expects Shiba Inu to record another astronomical gain, leading to the next leg of the bull run, with prices of major assets soaring to greater heights, as observed in April 2021. 

In the meantime, SHIB is trading at $0.00001274, representing a 24-hour increase of 2.7%. The token’s price has soared over 4.3% over the past seven days, with a slight growth of 0.9% in the past 30 days. 

Cardano Gearing up for a Potential 27% Spike Amid Bullish Start to the Week

Elendu Benedict
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Cardano Gearing up for a Potential 27% Spike Amid Bullish Start to the Week

A prominent market commentator has predicted a meteoric price development for Cardano amid a bullish start to the new week.

Specifically, market expert Ali Martinez expects a rapid price rally for Cardano, the tenth-largest cryptocurrency by market capitalization. The blue-chip asset has had a strong start to the week amid a broader market recovery, and the commentator predicts a move that could lead to a 27% upsurge.

Cardano Breaks from Symmetrical Triangle

ADA’s price has been setting up nicely within a symmetrical triangle on the hourly timeframe, according to Martinez. The structure’s formation kicked in from the asset’s April 2 high of $0.673, with the lower support line at the April 7 low of $0.512.

Cardano Symmetrical Triangle | Ali Martinez

Meanwhile, Cardano has failed to close above the descending resistance line on multiple attempts, with the latest attempt coming up on April 20, when ADA surged to a high of $0.6346. The altcoin faced resistance at this level, leading to a rejection. At the time of Martinez’s analysis, ADA still traded within the triangle.

However, Monday’s price outbreak looks to have set a bullish momentum. ADA has broken upward from the triangle at the time of writing, with its over 3% price rally today ensuring the asset’s freedom.

Cardano Triangle Breakout
Cardano Triangle Breakout

With Cardano now trading above the triangle, the asset could rally 27%, as Martinez has predicted. Notably, this aligns with the depth of the structure, which is the difference between the shape’s top and bottom. If this materializes, ADA would surge to $0.801, a price level last seen in early March.

More Upsides for Cardano?

Interestingly, another analysis expects more upside for the layer 1 token. According to a recent commentary from prominent market watcher Javon Marks, Cardano has more upward push its sleeve.

Marks identified Cardano’s swing between a bullish flag pattern, often accompanied by a breakout to higher prices. The analyst predicted a breakout from the structure, with growing volume a key catalyst for this uptrend.

Meanwhile, Marks set the target for the outburst at between $2.70 and $2.91, with the latter proximal to its all-time high of $3.16. Remarkably, a rally to the identified targets from the current market price would entail a 320% and 353% growth, respectively.

Cardano Price Outlook | Javon Marks

While these numbers seem impressive, there are far higher predictions for ADA. For instance, millionaire pundit Alex Becker projected a Cardano rebound to $5, changing his earlier bearish disposition towards the asset. Analyst Dan Gamberdello also predicted a surge to $10, citing a forming cup-and-handle price pattern.

At the time of writing, ADA trades at $0.643.

Ripple Director Confirms XRP Ledger Will Power Post-Trade Infrastructure for All Hidden Road Prime Brokerage Services

Abdulkarim Abdulwahab
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Ripple Director Confirms XRP Ledger Will Power Post-Trade Infrastructure for All Hidden Road Prime Brokerage Services

Ripple Managing Director for the UK and Europe, Cassie Craddock, has confirmed that the XRP Ledger (XRPL) will play a central role in Hidden Road’s post-trade infrastructure.

Recall that Ripple recently acquired the prime brokerage firm for just over $1.2 billion. In a statement, Craddock revealed that RLUSD—the Ripple stablecoin—will serve as collateral. This will enable seamless bridging between digital assets and traditional finance (TradFi).

In parallel, Craddock stated that the XRPL will power all of Hidden Road’s post-trade services related to prime brokerage.

Previously, Hidden Road had disclosed its intention to transition post-trade operations to XRPL to reduce costs and enhance settlement efficiency. Ripple executives noted during the acquisition announcement that Hidden Road processes $3 trillion in annual transaction volume.

However, this massive volume currently suffers from delayed settlement times and the inefficiencies of traditional payment systems. Ripple is looking to resolve these issues with the XRPL integration.

The firm believes this shift will further highlight XRPL’s capabilities as a blockchain designed for institutional DeFi applications.

300 Institutional Clients Gain Access to Ripple’s Digital Infrastructure

Craddock also emphasized that Hidden Road brings a portfolio of 300 institutional clients. With the acquisition, Ripple is positioning itself to meet the growing demand for scalable, enterprise-grade digital asset solutions.

According to Craddock, this client base represents a “captive audience” with a clear need for infrastructure like Ripple’s custody and payment tools.

“These customers will be able to take advantage of our solutions,” she added. “We’re focused on solving real problems for banking and institutional clients while continuing to build use cases and utility for digital assets.”

What Does “Post-Trade on XRP Ledger” Mean for XRP?

Following Craddock’s disclosure, some in the XRP community raised questions about what post-trade activity on XRPL entails and how it could impact the XRP token.

Crypto Eri, a well-known figure in the XRP community, helped clarify. She explained that the XRPL would handle the settlement of trades and movement of RLUSD collateral. It may also manage data-related processes such as reconciliation and clearing.

At the moment, the community is awaiting further updates from Ripple to understand better how the integration will unfold.

Meanwhile, speculation is growing around how Hidden Road’s transaction volume might influence XRP’s price.

An AI analysis from Grok modeled a scenario in which XRPL processes the full $3 trillion in volume using XRP as a bridge asset. The model projected a potential XRP price of $28.55, representing a 13x increase from current levels.

However, this forecast relies on highly optimistic assumptions that may not reflect actual real-world adoption.

Shiba Inu Developer Issues Crucial Warning about One of SHIB Ecosystem Token: Details

Albert Brown
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Shiba Inu Developer Issues Crucial Warning about One of SHIB Ecosystem Token: Details

Shiba Inu developer Kaal Dhairya clarified that the Treat token, which went live on Ethereum in January 2025, has not been deployed on Solana or Base. 

The developer pointed to misinformation stemming from the compromised X account “Shiba Inu Treat,” which has reportedly been misused by unknown actors. This follows ongoing confusion surrounding the legitimacy and existence of the TREAT token across multiple chains.

Shiba Inu: Treat Not on Solana or Base

In response, Kaal Dhairya stated that no official version of the TREAT token exists on either the Solana or Base networks. He confirmed that any such tokens using the SHIB brand or imagery on those blockchains are unauthorized. 

Additionally, Susbarium, a Shibarium sleuth on X, corroborated the compromise and urged users to verify any token using the SHIB badge through SHIB.IO or the Ethereum blockchain. According to Susbarium, all legitimate tokens in the Shiba Inu ecosystem originate on Ethereum, including TREAT.

Previous Cases of Misinformation

In January, developer Dhairya responded to other circulating claims that key Shiba Inu ecosystem tokens—SHIB, LEASH, BONE, and TREAT—had been deployed on the Solana network. He clarified that none of these tokens exist on Solana and addressed the misinformation directly on social media.

Dhairya emphasized that if the Shiba Inu team ever decides to expand its token availability to multiple chains, including Solana, such developments would be officially announced through the project’s main website.

Meanwhile, the Shiba Inu team has previously had to respond to similar cases of misinformation. In a prior instance, Shytoshi Kusama had dismissed reports that the TREAT token was stealth-launched in 2023. 

That version, circulating under the contract “0xFBD…146B” on ShibaSwap, was later confirmed to be a fake. CryptoMumms, who earlier claimed the token had launched before the official release, was contradicted by Kusama. The Shiba Inu lead developer maintained that the token had not been released before its actual launch date on January 14, 2025.

Earlier Concerns Within the SHIB Community

Notably, following TREAT’s official launch and listing on major exchanges like KuCoin, some members of the Shiba Inu community began raising concerns. They questioned whether the development team gave disproportionate attention to TREAT while overlooking other ecosystem tokens such as BONE. These concerns intensified after the promotional airdrop of TREAT to users on listed exchanges.

This feedback prompted direct responses from the development team. In response to criticism from users like Jon Snow and DankDollar, Kusama emphasized the project’s holistic focus.

He reiterated that the development team remains committed to all parts of the Shiba Inu ecosystem, including BONE, which acts as Shibarium’s official gas token and the governance token for ShibaSwap.

Rich Dad Poor Dad Author Predicts Bitcoin Price by End of 2025

Elendu Benedict
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Rich Dad Poor Dad Author Predicts Bitcoin Price by End of 2025

Robert Kiyosaki, the renowned financial expert and author of “Rich Dad, Poor Dad,” has reaffirmed his bullish outlook for Bitcoin this year.

In a tweet yesterday, Kiyosaki highlighted that Bitcoin was trading at $84,000, a bargain compared to the heights he expects the pioneering cryptocurrency to reach before the end of the year. Notably, BTC has appreciated considerably since his tweet, conquering the $86,000 resistance to trade at $87,436.

Author Reiterates Bullish Bitcoin Stance

In his latest commentary, the financial author again expressed his bullish outlook on Bitcoin’s near-term potential. According to him, the leading cryptocurrency would reach between $180,000 and $200,000 before the end of 2025.

Interestingly, these targets are not far-fetched, considering Bitcoin’s current price and its historical price action, especially during this phase of the bull run. For context, Bitcoin surged 138% from its opening price in 2021 to an all-time high of $69,080 at the time before relinquishing some of its gains.

Meanwhile, a surge to $180,000 and $200,000 from BTC’s price at the time of writing would result in a 106% and 129% rally. Notably, this prediction aligns with other bullish forecasts for the crypto firstborn.

Other Bitcoin to $200,000 Prediction

With $100,000 already in the bag for Bitcoin, several market observers see the asset extending its grasp of a six-figure value. Prominent asset manager Bitwise believes BTC will reach $200,000 this cycle amid bullish macroeconomic factors.

Brokerage firm Bernstein also shares a similar outlook. According to analysts at the firm, Bitcoin could breach $200,000 before 2025 ends. Other predictions aligning with the price mark include those from Standard Chartered and market veteran Peter Brandt. Notably, the latter recently revised his earlier outlook to a more bearish stance due to the asset’s lackluster price action this year.

Reactions to Kiyosaki’s Predictions

Meanwhile, Kiyosaki’s Bitcoin prediction has crypto enthusiasts talking, especially given the author’s inconsistent outlook. For context, the financial author predicted last December that Bitcoin would hit $350,000 in 2025, citing bullish sentiments from Donald Trump’s emergence as US President.

However, by mid-January, Kiyosaki had revised his prediction by a whopping $100,000, setting his new target at $250,000. Furthermore, yesterday’s prediction explicitly mentioned $180,000 or $200,000 by the end of the year, drawing skepticism.

Nonetheless, Kiyosaki gave an open price range on January 2, predicting a surge to between $175,000 and $350,000. This alone encompasses all the subsequent outlooks mentioned.

Meme Coin Expert Murad Says This Altcoin Could Be Next Shiba Inu and Dogecoin

Lele Jima
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Meme Coin Expert Murad Says This Altcoin Could Be Next Shiba Inu and Dogecoin

Popular meme coin advocate Murad Mahmudov highlights a new altcoin that has the potential to become the next Shiba Inu and Dogecoin. 

Crypto assets like Shiba Inu (SHIB), Dogecoin (DOGE), and GameStop (GME) have a history of producing remarkable returns, running into thousands to millions of percent. 

The dramatic growth of these tokens transformed the lives of many investors forever, with some people going into early retirement. However, many who missed out on these extraordinary gains have been on the lookout for the next crypto that could replicate the performance of these top meme coins. 

“The Next Shiba Inu and Dogecoin” 

As the search for the next Dogecoin and Shiba Inu continues, popular meme coin expert Murad revealed the next altcoin he believes could repeat their historic performances.  

Murad claims SPX6900 (SPX) could replicate or even surpass the meteoric gains of SHIB, DOGE, and GmeStop. 

Notably, the meme coin expert encouraged his more than 700,000 followers to buy SPX, suggesting that it has a potential upside similar to that observed in SHIB, DOGE, and GME. 

SHIB, DOGE, and GME Previous Growth 

Shiba Inu, which launched in August 2020, soared over 150 million percent from its initial price of $0.000000000056 to an ATH of $0.00008845 in October 2021. 

Although Dogecoin’s performance is nothing compared to SHIB’s, the firstborn meme coin also saw jaw-dropping returns that inspired many to join the crypto bandwagon. 

Dogecoin started trading at an initial price of around $0.00026 in December 2013. It experienced an astronomical rally that pushed its price to an ATH of $0.7376 in May 2021.   

GME launched several years after the debut of SHIB and DOGE. Launched in January 2024, GME reached a peak price of $0.03189 in June 2024, representing a surge of 7,668% from its all-time low price of $0.0004105. 

While the extraordinary gains produced by SHIB, DOGE, and GME have continued to inspire many investors, Murad believes SPX900 can repeat or surpass their bullish performances. 

SPX6900 Overview 

Like Shiba Inu, Dogecoin, and GmeStop, SPX6900 is a meme coin inspired by the internet humor and culture. Its developers call it an advanced blockchain cryptography token with endless technological possibilities. 

SPX debuted in August 2023, with trading starting around $0.003. It has surged by 14,683% ever since, currently trading at $0.4435 per token. Despite this surge, it is down 74.94% from its all-time high of $1.77, registered on January 19, 2025. 

Since its debut, SPX has secured listing on major crypto trading platforms, including Bybit, KuCoin, MEXC, Crypto.com, and Kraken. It has a total supply of 1 billion tokens, with 931 million currently in circulation. As of writing, it has a valuation of $415.54 million, positioning it as the 115th biggest cryptocurrency on CoinMarketCap. 

While Murad believes SPX can surpass SHIB and DOGE’s extraordinary gains, it is imperative to conduct due diligence before investing. Moreover, SPX has already seen astronomical gains. As a result, some consider investing in it at this time to be a high-risk venture.

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