Prominent Investor Predicts Major Crypto Rally: Bold 2024 Price Targets for Top Altcoins as Shiba Inu is Tipped to Reach $0.09

Ben, a well-known cryptocurrency educator and investor, has released his highly anticipated yearly price targets for ten major cryptocurrencies. Despite the recent downturn in the financial markets, Ben remains optimistic about a significant rally in the crypto space, potentially peaking by 2025. Let’s dive into his predictions and the factors influencing the market.

Impact of Global Events

Various global economic and sociopolitical events, including the ongoing conflict between Israel and Hamas, have notably impacted financial markets. These events have led to a decline in the prices of various financial instruments, including cryptocurrencies. According to data from CoinMarketCap, the global crypto market cap has dropped by 4.50% over the past 24 hours, settling at $2.2 trillion. Nevertheless, market watchers, including Investor Ben, hope a major rally is on the horizon, possibly commencing this year.

Investor Ben Crypto Predictions 2024

$Bitcoin $80K – $100K
$Ethereum $Solana – $600 – $1,000$Doge – $0.67 – $1.45$SHIB – $0.05 – $0.09$AVAX – $63$BNB – $1000 – $1,500$FET-$3.47 – $5$CTXC – $0.64 – $1$Ton – $10 – $26

LIKE & RETWEET, What crypto coin am I missing?
— Investor Ben (@_InvestorBen) July 29, 2024

For Bitcoin (BTC), the premier cryptocurrency by market cap, Ben forecasts a price surge between $80,000 and $100,000 this year. This ambitious target implies a rally of 29.67% from its current price of $61,692. Bitcoin’s potential ascent underscores investors’ confidence in its continued dominance and growth in the crypto market.

Altcoins in Focus: Shiba Inu, Solana, and More

Beyond Bitcoin, Ben has set impressive targets for other cryptocurrencies. He predicts that Shiba Inu (SHIB) will trade within the range of $0.05 to $0.09, a significant increase from its current price of $0.00001468. This means SHIB would need to soar by a staggering 338,653% to reach the lower end of its target.

Solana (SOL) is another token on Ben’s radar, with a projected trading range of $600 to $1,000 this year. This forecast reflects the growing interest and development within the Solana ecosystem. Similarly, Ben expects Dogecoin (DOGE) to trade between $0.67 and $1.45, Avalanche (AVAX) to reach $63, and Artificial Superintelligence Alliance (FET) to range between $3.47 and $5.

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BNB, Toncoin, and Cortex: Diverse Prospects

Investor Ben’s predictions also extend to Binance Coin (BNB), Toncoin (TON), and Cortex (CTXC). He anticipates BNB trading within the $1,000 to $1,500 range, reflecting the coin’s strong utility and support within the Binance ecosystem. Toncoin is expected to trade between $10 and $26, while Cortex’s forecasted price ranges from $0.64 to $1.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.