Armando Pantoja, a famous cryptocurrency investor on X, has predicted a target above $0.001 for SHIB, the Shiba Inu ecosystem native token. In a recent post, Pantoja highlighted several cryptocurrencies he expects to rally, predicting the price range he expects each to reach.
My #crypto targets for next 12-18 months:$BTC: $100k-$250k$ETH: $10k-$15k$XRP: $3-$6$SHIB: $0.001+$DOGE: $1$SOL: $500-$1000$AVAX: $100+$ICP: $100+$INJ: $100-$200$PRO: $10-$20
— Armando Pantoja (@_TallGuyTycoon) April 16, 2024
Pantoja’s list contained Bitcoin, the flagship cryptocurrency that has achieved a new all-time high (ATH) even before the next halving event. The renowned investor predicts Bitcoin to trade between $100,000 and $250,000 in the upcoming bull cycle.
Meanwhile, Bitcoin showed significant bullish sentiment following the Securities and Exchange Commission’s (SEC) approval of a spot Bitcoin ETF in January. BTC posted a strong rally that pushed its price to a new ATH of $73,794 before going into consolidation. Many users believe the pioneer cryptocurrency will resume its upward movement after the Bitcoin halving.
Besides SHIB and Bitcoin, Pantoja cited other top cryptocurrencies that he expects to push higher during the next bull cycle. He thinks the flagship altcoin, Ethereum, will climb above $10,000 for the first time. According to the investor, Ethereum will trade between $10,000 and $15,000 in the upcoming bull cycle.
Pantoja believes Ethereum’s rally will pull other altcoins along, with XRP breaking its shackles and rallying above $3. For Pantoja, $3 will represent the lower range for XRP in the upcoming bull run, as the embattled crypto token could climb to $6 at the peak of its rally.
The renowned investor predicted that DOGE will rally to $1, SOL will climb above $500, possibly reaching $1,000, and AVAX will climb above $100. He also predicted that ICP would push above $100, INJ would trade between $100 and $200, and PRO would trade between $10 to $20.
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