Hyperbitcoinization is a concept that has been theorized by some of Bitcoin's most ardent supporters. It refers to a hypothetical state where Bitcoin would be universally accepted as currency. Is this truly credible, and what would be the consequences for the global economy?
A popular crypto strategist has predicted a significant drop in altcoins, while also updating their outlook on Pepecoin (PEPE) and Avalanche (AVAX), a rival of the Ethereum (ETH) network. The analyst, known by the pseudonym Sherpa, informed their 195 Twitter followers that altcoins could plummet by up to 50%.
An anonymous analyst predicts an increase in the value of the SUI token, suggesting buying at around one dollar. They also recommend investing in Pepe, despite its controversial reputation, and believe that Chainlink could be a good buying opportunity once it emerges from its long accumulation period. Keep a close eye on them!
DonAlt is a famous trader who accurately predicted the bottom price of bitcoin (BTC) in 2022. On March 29, he posted a video on his YouTube channel. In it, he shared his new outlook on the queen of crypto. Here is crypto strategist DonAlt's new prediction.
Despite the bear market, the price of bitcoin has risen significantly since the beginning of the year. It is currently trading at $28,400. This exponential growth can be explained in particular by the banking crisis, leading to a loss of investor confidence in the traditional financial system. According to a professional trader, this rise will unfortunately not last. “Before another crypto rally, the value of Bitcoin should drop to $13,000,” he said in his crypto prediction.