2021’s Crypto Mania: Will The Market Ever Reach Those Heights Again?
The cryptocurrency market experienced an explosive rally between March 2020 and November 2021, with Bitcoin and altcoins reaching unprecedented heights. During this period, Bitcoin surged by over 2,600%, while several altcoins like Solana (SOL), Fantom (FTM), Avalanche (AVAX), and Terra (LUNA) posted gains of 500x or more. According to a recent post by renowned crypto […]
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Litecoin creator Charlie Lee continues to criticize the NFT industry, seeing the hallmarks of a mania similar to 2017 and even 2013. Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the nonfungible token, or NFT, industry has much in common with the 2017 initial coin offering, or ICO, mania.Lee provided at least five similarities between 2021’s NFT popularity and 2017’s ICO mania, also comparing both to the altcoin craze in 2013 in a tweet on Tuesday.According to the Litecoin creator, all three cryptocurrency phenomena look....
Crypto analyst Common Sense Crypto has predicted that XRP could rise by 16,500% and reach $100. He suggested when that could happen and gave reasons why the crypto token can reach such heights despite the reservations some other market participants might have. Related Reading: Is This Solana Meme Coin The Next Dogwifhat (WIF)? $2.4 Million […]
Crypto analyst Amonyx has laid an ultra bullish price prediction for the XRP price, predicting that the crypto token could reach double digits at some point. This comes amid XRP’s continued underperformance despite the conclusion of the case between Ripple and the US Securities and Exchange Commission (SEC). Massive God Candle To Send XRP Price To $57 Crypto analyst Amonyx mentioned in an X (formerly Twitter) post that a massive God candle was loading, which would send XRP’s price to $57. Based on the chart that the analyst shared, the crypto token will rise to this price level sometime....
Crypto analyst Xena has declared that the XRP price will definitely reach $10,000. The analyst further gave reasons why she holds this belief and likened XRP’s potential run to that of Bitcoin. Why The XRP Price Will Reach $10,000 In an X post, Xena asserted that the XRP price will reach $10,000 without a doubt. She noted that some market participants argue that XRP should at least cross its all-time high (ATH) first before such projections, but the analyst believes that is not the point. The analyst suggested that market participants are too focused on the short-term, while alluding to....
The crypto market evolved exceptionally in the years 2014 to 2021, and the question of whether this industry will survive no longer exists. Instead, we are questioning where it’s heading and how quickly it will reach new heights. In January 2021, the cryptocurrency market capitalization achieved the first trillion USD, and in April 2021, it […]