Optimistic Price Targets for Altcoins: BNB, SHIB, TON Coin

user avatar

by Giorgi Kostiuk

2 years ago


Bitcoin has reclaimed the $98,000 mark, sparking interest among altcoin investors. Amidst the uncertainty, analysts share their forecasts for BNB, SHIB, TON Coin, and other altcoins.

Analysis of BNB, SHIB, and TON Coin

Crypto analyst Carl shared price targets for various altcoins, starting with BNB Coin at $693, marking a 3% daily gain. SHIB continues to fluctuate within a rising triangle despite corrections. Target price for SHIB is $0.000056. Additionally, optimism surrounds TON Coin, with a medium-term target of $11 upon breaking its declining resistance.

Forecasts for Altcoins

Analyst Moustache advises altcoin holders to 'do nothing' at this stage, predicting a market rise that could exceed $7 trillion. However, charts do not predict the future, and the prolonged downtrend will not last forever.

This is another graph I shared months ago. All you need to do is nothing.Moustache

General Market Expectations

Despite current uncertainty, investors hope for a trend reversal in the coming year. It is anticipated that the recent downtrend will reverse, offering relief to altcoin investors as markets aim for higher levels.

Analyst insights and forecasts show potential price growth for altcoins. Despite current market conditions, many remain optimistic about future trends.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Kava Lend Suffers Major Exploit, 55 Million KAVA Tokens Lost

An exploit at Kava Lend has drained approximately 55 million KAVA tokens due to a vulnerability in the DeFi protocol.

user avatarAyman Ben Youssef

Investor Sentiment Plummets as Crypto Fear and Greed Index Hits 10

Investor sentiment has deteriorated, with the Crypto Fear and Greed Index dropping to 10, indicating extreme fear in the market.

user avatarTando Nkube

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.