Source: Bull Circle Yao
With Bitcoin recently stabilizing at $61,000, some cryptocurrency analysts are now busy pushing new predictions, claiming that BTC may soon peak at $75,000.
Meanwhile, leading financial giant Standard Chartered has made new forecasts, suggesting Bitcoin’s momentum may soon pick up again, eventually breaking $100,000 in August. As the US election campaign accelerates, the possibility of Trump winning the election could also change Bitcoin’s pace, helping it break the $100,000 mark sooner.
That said, as Bitcoin surges to new levels, it often brings new market momentum to several altcoins as well. Here are our top three cryptocurrency recommendations that investors must explore before Bitcoin soars to $75,000.
Top coins worth buying now
Cryptocurrency #1: Ethereum
The Ethereum ecosystem is also full of new development plans. Starting with the Ethereum ETF, the ETH ecosystem is poised for massive growth as it will attract a large influx of funds once the ETH ETF is approved. Meanwhile, Bitcoin’s surge is generally a good sign for Ethereum, helping the token achieve a new price ATH.
According to CoinCodex, Ethereum is about to reach a new high. Based on CC’s data, ETH could surge 64% to a price level of $6,600 by the end of this year.
“Ethereum is expected to trade between $3,374.69 and $5,500.16. If it reaches the upper price target, ETH could rise by 64.02% to $5,500.16.”
Cryptocurrency #2: Shiba Inu
Another noteworthy cryptocurrency, Shiba Inu, is another promising coin that could quickly surge once Bitcoin gains stable market momentum. The SHIB ecosystem is expanding widely and is busy launching the Shiba Eternity Blockchain game. Meanwhile, the token will soon become part of the Coinbase ecosystem. The exchange is preparing to launch SHIB futures. In this way, SHIB can gain maximum traction when Bitcoin reaches $75,000.
According to CoinCodex, the token could reach a new high by the end of this year (2024).
“Shiba Inu is expected to trade between $0.00001458 and $0.00003832. If it reaches the upper price target, SHIB could rise by 127.71% to $0.00003832.”
Cryptocurrency #3: XRP
Despite Ripple’s intense legal battle with the US Securities and Exchange Commission, the company seems unstoppable on its path to establishing global dominance. XRP is about to launch its stablecoin, and rumors of its ETF launch are also intensifying.
While an ETF might be a long-term goal for Ripple, XRP is undoubtedly one of the most watched coins and is expected to benefit the most once Bitcoin reaches a new stable high.
According to CoinCodex, XRP could soon surge nearly 207% and reach a new all-time high.
“XRP is expected to trade between $0.305006 and $1.489184. If it reaches the higher price target, XRP could rise by 207.95% to $1.489184.”
Currently, some of our analysts have identified a few hundredfold potential coins and short-term skyrocketing projects. Follow me to join the community for more information, which is currently free to access
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Three Hot Cryptocurrencies Worth Buying Before Bitcoin Hits 75000
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