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ARK Invest Forecast Highlights $25 Trillion Crypto Market Cap, Here’s How Much Ethereum And XRP Will Be

Ark Invest, an American investment management firm, has recently shared a long-term forecast that envisions the Ethereum (ETH) price reaching the six-digit territory if the total crypto market capitalization surges to $25 trillion. Ark Invest also notes that Ethereum stands to be one of the biggest winners in this scenario, with XRP also set to [.].

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Analysts Predict Dogecoin Price Will Explode: Why The $1 Mark Is Inevitable

Crypto analysts Kaleo and Mags have predicted that the Dogecoin price will witness a parabolic run, with the potential to reach the $1 mark. This comes amid the top meme coins downtrend, which puts it at risk of retesting the $0. 2 mark. Dogecoin Price Eyes Parabolic Rally To $1 In an X post, Kaleo declared that the Dogecoin price will rip to new highs from its current level. He further remarked that it is only a matter of time before prices catch up with institutional interest coming from DOGE treasury companies and ETFs. In line with this, he advised market participants not to sleep on the king of memes. Related Reading: GROK AI Predicts How High Dogecoin Price Will Be If Bitcoin Hits $10 Trillion Market Cap Meanwhile, crypto analyst Mags indicated that the Dogecoin price could rally to as high as $1 on this projected parabolic rally. He suggested that there is no way that the father of all meme coins, which is supported and shilled by Elon Musk, wouldnt be able to pull a 3x increase in this market cycle. Mags asserted that the bull run is dedicated to meme coins and that the Dogecoin price will lead the meme coin supercycle round 2. It is worth mentioning that Elon Musks lawyer, Alex Spiro, is the Chairman of CleanCore, the foremost DOGE treasury company, which is looking to acquire up to 1 billion coins. The company already holds over 600 million DOGE. As Kaleo noted, institutional interest has also picked up following the launch of REX-Ospreys Dogecoin ETF, which became the first meme coin ETF to launch. The Dogecoin price had notably surged above $0. 3 ahead of the ETFs launch. However, it has been on a downtrend since the fund launched, indicating that this was a sell the news event. DOGE is down over 12% since then, a development which also comes amid a broad crypto market downtrend. DOGE Will Reach Its ATH At The Minimum Crypto analyst Javon Marks has predicted that the Dogecoin price will reach its all-time high (ATH) of $0. 73 at the minimum. He claimed that, based on historical trends, up next for DOGE is a rally of over 195%, which will send the meme coin to a new ATH above $0. 739. His accompanying chart suggested that DOGE can reach the psychological $1 level in the process. Meanwhile, crypto analyst Kevin Capital highlighted how the Dogecoin price rallied 400% to $0. 48 within a short period last year. He noted that crypto does nothing until it does something, and that it requires an incredible amount of patience and skill. However, the analyst emphasized that anyone can pull off the biggest trade if they can identify and have the conviction to buy at the lows, suggesting that it may be a good time to buy the dip. Related Reading: Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level At the time of writing, the Dogecoin price is trading at around $0. 235, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview. com.

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Some Altcoins See Trading Volume Boom in South Korea – One Reaches Billion-Dollar Volume

The post Some Altcoins See Trading Volume Boom in South Korea One Reaches Billion-Dollar Volume appeared com. There has been a notable increase in trading volumes on South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, in the last 24 hours. Some altcoins, in particular, have become the focus of investors, reaching billion-dollar volumes. Avantis (AVNT) topped the list when comparing data from both exchanges. Popular crypto assets like USDT, XRP, and Story (IP) also topped the list, while some relatively new projects also saw significant trading volumes. The most traded altcoins and their volumes in the last 24 hours are as follows: Avantis (AVNT) $1. 63 billion Boundless (ZKC) $291 million World Liberty Financial (WLFI) $306 million XRP $234 million Lombard (BARD) $145. 6 million Story (IP) $176. 3 million Valve (VANA) $120. 9 million Tether (USDT) $254 million Bitcoin (BTC) $99. 6 million Linea (LINEA) $74. 8 million PumpBTC (PUMP) $86. 6 million Thena (THE) $58. 1 million SynFutures (F) $52. 7 million Orderly (ORDER) $44 million Lista DAO (LISTA) $28. 9 million *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.

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Grayscale Seeks Big Breakthrough: Amended S-1 Filed To Convert Dogecoin Trust Into GDOG ETF

Grayscale Investments, one of the largest digital asset management firms in the world, has made another bold move in the crypto ETF space. The company recently submitted an amended S-1 registration statement to the US Securities and Exchange Commission (SEC), this time for its Dogecoin product. The filing reveals Grayscales intention to convert its existing [.].