Bitcoin’s momentum would also impact the global crypto space. Fencer believes Ethereum could climb into the $10,000 to $12,000 range. This aligns with the year-end forecast of Fundstrat’s chairman, Tom Lee, who projected $10,000 to $15,000 by December.
Notably, ETH is currently trading at $4,400. A run to $10,000 and $12,000 would raise its market cap to between $1.2 trillion and $1.44 trillion, which is enough to place it above Tesla and Berkshire Hathaway.
How High Will $XRP Go?
For $XRP, Fencer has set a target of $5.20 to $6.50 over the next three to six months. At those levels, $XRP’s market cap would approach the $400 billion mark.
Fencer’s forecasts for $XRP are more conservative compared to some ultra-bullish predictions of $10 to $30 by year-end. For instance, influencer Alex Cobb has said $XRP could trade around $22 by December. Analyst Javon Marks sees a potential price of up to $99 within six months.
Solana, $BNB, Cardano, and Dogecoin Projections
Beyond Bitcoin and Ethereum, Fencer sees Solana (SOL) surging to $700 to $950—a more than fourfold increase from its current price of around $175. Binance Coin ($BNB) is expected to reach $1,100–$1,550, giving it a market cap of nearly $160 billion.
Dogecoin, the original meme coin, could rise to $1.50 to $2, according to Fencer. Notably, the price targets he has set for these assets would mark new all-time highs for each of them. However, for Cardano (ADA), Fencer projects a more modest increase to between $2.20 and $2.80—still below its 2021 all-time high of $3.10.
Outlooks for Other Altcoins
Fencer also shared promising outlooks for other top-ranking altcoins, including $SUI and Chainlink ($LINK). For $SUI, which is currently trading under $4, he predicts a rise to between $8.30 and $11.
As for $LINK, currently priced at $22, Fencer forecasts a surge to between $60 and $85—up to four times its present value.
The forecast also includes some high-risk meme tokens. Fencer expects HYPE to reach $120–$135, and PENGU to rise from $0.35 to $0.60.