Crypto analyst Justin Bennett is predicting a massive price surge for the Ethereum-based altcoin, Curve Finance (CRV). He believes CRV could jump over 500%.
CRV’s Potential 500% Rally
Bennett, who boasts a large following on X (formerly Twitter), forecasts CRV reaching $6.80, a significant increase from its current price. This represents a potential gain of over 515%. He notes that this prediction hinges on CRV staying above $0.87.
Bitcoin’s Next Move: Above $100,000?
Bennett also shared his outlook on Bitcoin (BTC), suggesting it could easily break through the $105,000-$106,000 mark after recently hitting six figures for the first time. He anticipates some consolidation after this, but believes a continued surge is possible.
Altcoin Outlook: December Slowdown?
Bennett suggests that altcoins, which saw strong performance in November, might see a slowdown in December as Bitcoin’s dominance increases. He points out that if Bitcoin’s dominance remains around 54%, altcoins could struggle to keep up. At the time of writing, Bitcoin is trading above $100,000.
Disclaimer: This information is for general knowledge and shouldn’t be considered financial advice. Always do your own research before investing in cryptocurrencies.
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