Cryptocurrency analyst Smile has made a very bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB)and XRP, where they stated that they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.
When Will Dogecoin, Shiba Inu, and XRP Reach These Price Targets?
Smile she pointed to in post X DogecoinShiba Inu and XRP will reach these price targets by 2025. Although they did not specify a specific date or period in 2025, it is believed that this is the peak This bull is runningwhich analysts like Rekt Capital expect in September or October 2025. This price prediction is certainly remarkable, given the current prices of Dogecoin, Shiba Inu, and XRP.
So far, the consensus among cryptocurrency analysts has been that Kevin Capital (formerly known as OG Yomi) That was it Dogecoin price could reach $1 In this market cycle. Kevin Capital even predicted that the leading meme coin could rise to $3 in this rally based on its historical trend. However, the possibility of DOGE reaching double digits in this cycle provided a more bullish outlook for the leading meme coin.
Shiba Inu price prediction at $0.05
The prediction that Shiba Inu will drop three zeros from its current price and reach $0.05 is also interesting. This is one of the most bullish price predictions for the second-largest meme coin. However, analysts like Oscar Ramos is unbelievable Shiba Inu could reach this price target.
He stated that the price of Shiba Inu cannot exceed $0.01 due to the current circulating supply of $589 trillion. The supply of the meme coin is holding its price back, considering how much its market value would be if it reached this price target. Meanwhile, despite the conscious effort To reduce the circulation of Shiba Inu, Meme Coin Burn Rate This suggests that it may take hundreds of years before it is reduced to a significant amount.
Although removing three zeros from the current Shiba Inu price seems almost impossible, cryptocurrency analyst Ali Martinez believes it is possible. Earlier this year, the analyst said expected The meme coin is expected to see another all-time high and rise to $0.011. Cryptocurrency analyst Armando Pantoja has predicted that SHIB will reach $0.001 in this market cycle.
XRP Price Prediction at $200
Smile wasn’t the first analyst to predict XRP could hit $200. Cryptocurrency analyst Javon Marks also predicted It was predicted in advance. XRP will reach this price target if a full logarithmic follow-through occurs. Meanwhile, other analysts such as Crypto Tank suggested XRP is expected to reach triple digits if it captures 10% of daily transactions handled by SWIFT.
JackTheRippler He also predicted XRP is expected to surge to at least $100 once Ripple’s lawsuit before the U.S. Securities and Exchange Commission concludes. The lawsuit could end by October 7 if both parties do not file an appeal by the October 6 deadline.
Featured image created using Dall.E, chart from Tradingview.com
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