You might be wondering what’s going on with the price prediction of altcoins. The top 5 market capitalisation coins, like $Bitcoin, $Ethereum, and $BNB, haven’t decreased in their values; you can see that they have only reduced an average of 5%. On the other hand, altcoins have significantly dropped in their prices. And the worst part is that their price has decreased by 150-300%. Hence, you may ask yourself, what is the price prediction of altcoins today? This is a complicated question, but based on the history, we will try to solve this puzzle in this blog post.
Price Prediction of $ICP
The highest price of $ICP was $20.78 this year, but it has decreased to under $8. That’s a 1.59X decrease in price. Seeing the lowest downtrend and the ATL (All-time lowest) value of the past 12 months, it could go as low as $3-3.5. Hence, it is essential not to become greedy and short your position or wait until it hits the lowest bottom. After that, it will undoubtedly explode.
Price Prediction of $FIL
Contrary to some claims, this coin has not reached the $237 mark this year, only peaking at $12. At Latest Web3 News, we pride ourselves on providing accurate altcoin price predictions and maintaining transparency. If you’re interested in learning more about our verified price prediction of altcoins, we invite you to explore our blog.
$FIL’s highest price was around $11.75. It has decreased ever since and hit the bottom low of $4.1. Based on the historical evidence, expect a further decline to at least $2-2.5.
Price Prediction of $FET
The Co-Founder/CEO is Pakistani-born Humayun Sheikh. Well, it has nothing to do with the price fluctuations of $FET and its downtrend. But, the $ASI merger has been postponed, making people wait longer and longer. What they got is a sharp decline from $3.5 to $1.08. Don’t invest anything into it unless you get 1 FET at $0.25-0.35. Otherwise, expect your capital of $100 to decrease all the way to $20 or something.
Price Prediction of $AEVO
If you invested 90% of your holding in this coin a couple of months ago, congratulations (with sarcasm)—you got fooled by a Chinese scam project—$3.7 to $0.48. The worst part about this coin is that this coin pumps 5-10% and dumps 30-45% on each Bitcoin’s price correction of 2-3%. Don’t buy AEVO unless it hits $0.1, and the owners have no choice but to reinvest the money they stole from the average crypto investor.
Price Prediction of $RNDR
It is an excellent project with great potential. But again, it is not an excellent option for people who have already lost 60% of their USDTs. It will definitely go up and cross the $30 mark, but right now, the crypto volatility may take this coin to the $4-5 mark.
Price Prediction of $REI
If you can wait, it will pump to its ATH, but since it’s a pump-and-dump coin, there is no real value behind $REI. Therefore, expect a further dump until either Binance delists it or the owners and its co-founders sit together and re-invest some of their money. It will take a significant bullish pump. But, if you are a beginner, we won’t suggest you lose 99% of your money to see a 50% return.
Price Prediction of $ENA
Another scam project that benefitted co-founders, its CEO and incubators. It created hype and went upward to $1.4, but it’s been looting and unlocking coins ever since. The price is down. Sell before it’s too late; otherwise, it will return to $0.1.
Final Thoughts
If you want us to review the coin that knocked down your portfolio or erased 70% of your USDTs. Comment “Coin Name”, and we will review the price prediction of altcoins accordingly. Our main aim is to protect the crypto and web3 investors. Hence, we strive hard to make it count for people to invest in projects that will benefit them in the long run, not those scam projects that will knock them down.