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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Futures Traders Abandon Crypto for Stablecoin Margin

chest

Bitcoin futures traders have largely abandoned using Bitcoin as collateral for their positions, opting for stablecoin-backed positions to avoid risks associated with price drops.

user avatarFilippo Romano

Gold Prices Surge to Three-Month High

chest

Gold prices surged to a three-month high, reaching $4,696.18 an ounce, driven by a weaker dollar and falling Treasury yields.

user avatarEmily Carter

BNB Smart Chain Set to Activate Pasteur Hard Fork

chest

BNB Smart Chain is set to activate its Pasteur hard fork on August 25, introducing significant network changes.

user avatarKaterina Papadopoulou

TAC Halts Block Production Due to Supply Exploit

chest

TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit.

user avatarTomas Novak

The Need for Reliable Data in Real Estate Tokenization

chest

The need for reliable pricing data in real estate tokenization is crucial due to the unique challenges it faces compared to liquid crypto assets.

user avatarMaya Lundqvist

TON Foundation to Permanently Shut Down Legacy Bridge on September 1

chest

The TON Foundation has confirmed the permanent shutdown of its legacy bridge on September 1, requiring users to transition their wrapped TON and related assets back to native forms.

user avatarLeo van der Veen

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.