Curve DAO

Curve (CRV) Primed For 1,724% Rally? Analyst Bullish, Less So For Dogecoin (DOGE) And Pepe (PEPE)

Get ready for a potential surge in Curve (CRV), according to Credible Crypto, a widely followed analyst with nearly 400,000 followers on social media platform X. Credible Crypto is bullish on the small-cap altcoin, built on the Ethereum blockchain, predicting a massive rally that could see CRV skyrocket over 1,700% to a price above $6.

This optimistic outlook hinges on Bitcoin (BTC) reaching a price tag of over $100,000. At the time of writing, CRV is trading at a much lower $0.329, highlighting the significant potential for growth if Credible Crypto’s prediction pans out.

However, the analyst isn’t as enthusiastic about all cryptocurrencies. Dogecoin (DOGE), the memecoin king, finds itself on the receiving end of a bearish target. Credible Crypto expects DOGE to drop significantly, with a potential price range of $0.04 to $0.08. This would be a substantial decline from its current price of $0.123.

Also Read: Judge Throws Crypto Curveball: Kraken Faces $Million Legal Battle Over Security Sales

Pepe (PEPE), another memecoin, also faces a bleak forecast according to the analyst. Credible Crypto predicts a breakdown for PEPE, mirroring the recent slump of fellow memecoin FLOKI (FLOKI). While FLOKI is currently trading at $0.000179, PEPE sits at an even lower price point of $0.0000113, suggesting there’s further room for decline.

It’s important to remember that Credible Crypto’s predictions are just that – predictions. The cryptocurrency market is notoriously volatile, and unforeseen events can drastically alter its course. Investors should always conduct their own research before making any financial decisions.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

About The Author

Ethereum gas fees Previous post Ethereum Stuck In $3,400-$3800 Rut: Will Bullish Options Bets Break The Spell By September?
Crypto Next post Altcoin Season Incoming? Analyst Says Buckle Up, But Beware Meme Coin Mania (DOGE, SHIB, BONK on Notice)