Famous cryptocurrency educator Investor Ben has set yearly price targets for ten crypto assets, including Bitcoin, Shiba Inu, Solana, and Avalanche.
The ongoing conflict between Israel and Hamas, along with other global economic and sociopolitical events, has impacted the financial market, leading to a significant decline in the prices of various financial instruments, including cryptocurrencies.
Investor Ben Sets Price Targets for Top Cryptocurrencies
Data from CoinMarketCap shows the global crypto market cap is down 3.8% over the past 24 hours to $2.2 trillion. Despite this drop, market watchers remain optimistic about a major rally on the horizon. Some predict that this anticipated rally will start this year and peak by 2025. Investor Ben, a well-known crypto educator and investor, shares this optimistic outlook.
In a recent post on X, Ben provided a curated list of the top ten cryptocurrencies and their potential targets for 2024. The list includes Bitcoin (BTC), Shiba Inu (SHIB), Dogecoin (DOGE), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Artificial Superintelligence Alliance (FET), Binance Coin (BNB), Toncoin (TON), and Cortex (CTXC).
Source: X
For Bitcoin, Investor Ben projects that the premier crypto asset would surge between $80,000 and $100,000 this year. Bitcoin’s potential surge to $80,000 would require the asset to rally 29.67% from its current price of $61,692. The expert did not set any target for Ethereum, the second-biggest cryptocurrency by market cap.
Notably, the top investor expects Shiba Inu to trade at a price range of $0.05 to $0.09 this year. Hitting the minimum target of $0.05 set by Ben requires SHIB to soar by 338,653% from its current price of $0.00001476.
Investor Ben’s Price Predictions for Top Cryptocurrencies
As for Solana, Ben projects that SOL will trade between $600 and $1,000 this year. Furthermore, Ben expects DOGE, AVAX, FET, and BNB to trade within the price range of $0.67 to $1.45, $63, $3.47 to $5, and $1,000 to $1,500, respectively.
In addition, TON is expected to trade between $10 and $26 this year, while the forecasted price of CTXC is set at $0.64 to $1. Despite these optimistic targets, Ben did not highlight any specific factors that could drive these tokens to achieve such remarkable gains.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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