Recent developments in the cryptocurrency market have garnered experts' attention, marking the potential onset of a new bull season. Three cryptocurrencies are highlighted for possibly seeing increases of 300% to 500% this quarter.
Crypto Market: A New Wave of Demand
Experts are forecasting renewed interest in cryptocurrencies driven by changes in demand and asset utility. Cardano, Shiba Inu, and Remittix stand out as promising assets that could see substantial price increases.
Cardano: Surge After Upgrade
Cardano continues to rise following the completion of the Chang Hardfork upgrade, which has led to full decentralization of the blockchain. According to the CEO of Cardano, this upgrade has enhanced the network's security and scalability. ADA trading volume has increased by 83% in the last 24 hours, with experts targeting a price of $2.40.
Shiba Inu and Remittix: Expected Achievements
The rising rate of Shiba Inu token burns is contributing to a decrease in the circulating supply, which supports price growth. Analysts state that reclaiming the $0.00001329 mark could lead to a 5x growth this quarter. Meanwhile, Remittix has seen interest reach $18.4 million, and the upcoming launch of new services is expected to push for a 5x growth.
In the coming months, cryptocurrencies Cardano, Shiba Inu, and Remittix may emerge as central figures in the market due to new updates and rising demand. Their current trajectories suggest significant potential for growth, attracting investor interest.