Published
7 months ago on
April 21, 2024
Armando Pantoja, a renowned cryptocurrency investor active on social media platform X, has shared his optimistic price targets for several cryptocurrencies over the next 12 to 18 months.
His predictions include a significant rise for SHIB, the native token of the Shiba Inu ecosystem, forecasting it to surpass $0.001.
In a detailed post, Pantoja outlined his expectations for major cryptocurrencies:
“My #crypto targets for next 12-18 months:$BTC: $100k-$250k$ETH: $10k-$15k$XRP: $3-$6$SHIB: $0.001+$DOGE: $1$SOL: $500-$1000$AVAX: $100+$ICP: $100+$INJ: $100-$200$PRO: $10-$20”
Pantoja included Bitcoin in his predictions, a cryptocurrency that recently reached a new all-time high (ATH) even before its next halving event.
He anticipates that Bitcoin will trade between $100,000 and $250,000 during the forthcoming bull cycle.
This optimism was buoyed by Bitcoin’s performance following the SEC’s approval of a spot Bitcoin ETF in January, which saw the cryptocurrency hitting a new ATH of $73,794 before consolidating.
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There is widespread belief among investors that Bitcoin will continue its upward trend post-halving.
Apart from SHIB and Bitcoin, Pantoja’s list features several other significant cryptocurrencies.
He believes that Ethereum, the leading altcoin, will surpass $10,000 for the first time, predicting a trading range of $10,000 to $15,000 during the bull cycle.
Pantoja suggests that Ethereum’s success will likely spur growth in other altcoins, notably XRP, which he predicts will rise above $3, potentially reaching up to $6.
Furthermore, Pantoja is bullish on DOGE, expecting it to reach $1. He also foresees substantial rises for SOL, which might surpass $500 and could even reach $1,000.
Additionally, he predicts AVAX and ICP will both exceed $100. For INJ, he anticipates a trading range of $100 to $200, and for PRO, he expects a range of $10 to $20.
These predictions reflect Pantoja’s confidence in the cryptocurrency market’s potential growth in the near future.
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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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