Ethereum Asset CRV Could Soar 1724% If Bitcoin Hits $100k
A cryptocurrency analyst has made a surprising prediction about an Ethereum-based asset that few people have heard of. Credible Crypto, a pseudonymous trader, thinks Curve DAO's token (CRV) could skyrocket in value.
According to the forecast, CRV might exceed $6, which would represent a potential 1,724% increase from its current price of $0.329. However, this prediction is contingent on Bitcoin reaching $100,000.
Credible Crypto also shared his bearish outlook on Dogecoin (DOGE), setting a target between $0.04 and $0.08 for the popular memecoin. He suggested that if DOGE loses support at its current price of $0.123, it could drop to sub-$0.05.
The analyst extended his bearish view to Pepe (PEPE), suggesting it might follow FLOKI's downward trend. PEPE is currently trading at $0.0000113, while FLOKI is priced at $0.000179.