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ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge

Joel Frank
Last updated: | 1 min read
ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% - New Super Bullish Altcoin Forecasts Emerge
ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% - New Super Bullish Altcoin Forecasts Emerge / Source: Cryptonews

As the crypto bull market eases midway through the second quarter of 2024, analysts are stepping forward to fight the FUD with new super bullish altcoin forecasts.

Popular crypto account Altcoin Daily was out earlier this week with a long list of forecasts.

They see Bitcoin (BTC) hitting $120,000, Ether (ETH) at $8,800, and Solana (SOL) at $720.

That would mark nearly 100% gains for Bitcoin, last at $60,600.

For Ether and Solana, that would mean 200% and 400% gains.

Popular crypto analyst Deezy.eth was recently out with his own forecasts as well.

He sees Cardano (ADA) rallying 13.25x, or 1,225%, from its current levels of $0.445 to $5.90.

He also sees XRP (XRP) exploding to $1.80 and Dogecoin (DOGE) rallying to $0.50, respectively 260% and 250% rallies.

Crypto Bull Market Takes a Breather


These super bullish altcoins forecasts are coming out during elevated FUD in the crypto market.

Most altcoins and meme coins were pumping in February into March as Bitcoin broke to new record highs above $70,000.

But as optimism about/demand for spot Bitcoin ETFs subsided and macro headwinds built up, sharp corrections were seen across the market.

While BTC is only down around 17% from its March record highs near $74,000, many altcoins have seen steeper drops.

Solana is down 30%, XRP is down 32%, Dogecoin is down 37%, and Cardano is down 45%.

The April halving failed to trigger an immediate market rally, as is historically the case.

Post-halving rallies in BTC don’t typically get started for 4-6 months.

And this post-halving lull in the market coincides with the coming summer season, which typically brings consolidation for crypto.

So, immediate rallies are not to be expected. Few would deny that the market is midway through a new bull market, however.

That being said, 10x Research recently warned that token unlocks could hobble the altcoin rally if VCs choose to dump.

Altcoin investing has a lot of potential. But so does the often-overlooked strategy of investing in crypto presales.

Crypto investors parsing through the altcoin market for opportunities should also check out the presale market.

Here are 20 of Cryptonews’ top picks for 2024.

See the 20 Crypto Presales

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.