Comparison with Previous Forecasts by Other Analysts
For instance, last week, Zubic, founder of the NFT project Space Riders, predicted $XRP could hit $10 within a year if Bitcoin reaches $250,000.
Meanwhile, these outlooks still fall short of the ambitious $50+ targets floated by ultra-bullish $XRP proponents.
Other Altcoin Projections
In addition to $XRP, Arnold presented price expectations for several other leading altcoins. For Cardano ($ADA), he suggested a price up to $4. Notably, $ADA is still trading below $1, and its all-time high from 2021 is $3.01.
Some analysts like Ali Martinez have previously called for a peak price for $ADA up to $10. However, such bold calls have reduced in recent times amid $ADA’s price struggles. As of today, $ADA is trading at $0.7974 but is up 36% in the last 30 days.
For Solana ($SOL), Arnold suggested a peak at $400. Meanwhile, other commentators have previously called for prices up to $1,000 for $SOL in an ultra-bullish market.
Notably, unlike $ADA, $SOL has broken its 2021 all-time high but currently trades 39% below the peak, which stands at $294. At press time, $SOL changes hands for $174, up 20% over the past month.
Other altcoins featured on the list include Injective (INJ) with projections for $99 price. Arnold expects meme coin BORG to reach $3.50, $PENGU to hit $0.10, and $PUMP to claim $0.01.
The predictions suggest a major bull run across a wide range of assets, with meme tokens like $PENGU and $PUMP expected to outperform through sheer volatility, with up to 10X growth outlooks.