Bitcoin

Rise

Gains

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-analyst-foresees-major-gains-for-axs-and-sushi-predicts-altcoin-market-share-expansion" rel="noopener noreferrer nofollow">Crypto Analyst Foresees Major Gains for AXS and SUSHI, Predicts Altcoin Market Share Expansion</a><br></p>
<p style="text-align: justify">In the constantly fluctuating <a href="https://en.bitcoinhaber.net/fed-chair-powell-sheds-light-on-economic-trends-as-investors-eye-inflation-data-and-crypto-movements" rel="noopener noreferrer nofollow">cryptocurrency</a> landscape, <a href="https://en.bitcoinhaber.net/bitcoin-soars-hitting-new-biennial-peak-as-market-cap-exceeds-1-trillion" rel="noopener noreferrer nofollow">Bitcoin</a> and other mainstream digital currencies recently faced a downturn. Nevertheless, the market has seen a quick turnaround with alternative cryptocurrencies (altcoins) not only recovering but also, in some instances, exceeding their former valuations. In this context, Crypto Capo, a renowned analyst, has put forth his evaluations, signaling a potentially lucrative period ahead for certain altcoins.</p>
<h2 id="optimistic-projections-for-axs-s-comeback">Optimistic Projections for AXS’s Comeback</h2>
<p style="text-align: justify">Crypto Capo has cast a spotlight on AXS, which had previously soared to over $150 before plummeting to a low near $3.5 amidst the bear market. Currently, the altcoin’s value hovers around $11.46. Anticipating an upswing, Crypto Capo forecasts that AXS could ascend to a value range between $41 and $51, hinting at a potential quadruple increase from its present price.</p>
<h2 id="sushi-expected-to-hit-analyst-s-target-promptly">SUSHI Expected to Hit Analyst’s Target Promptly</h2>
<p style="text-align: justify">The outlook for SUSHI is similarly bullish, with Crypto Capo’s target appearing more immediately achievable. With SUSHI’s current trading price at $1.94, the analyst’s goal of $5.5 seems within reach. However, he cautions about the possibility of a swift correction post-rise. Notably, Crypto Capo has a reputation for his bearish stances, making this optimistic prediction particularly noteworthy.</p>
<h2 id="altcoin-dominance-on-the-rise">Altcoin Dominance on the Rise</h2>
<p style="text-align: justify">Beyond individual cryptocurrencies, Crypto Capo also speaks to the broader trend of altcoin dominance, currently pegged at 13%, excluding <a href="https://en.bitcoinhaber.net/ethereum-adapts-to-a-static-crypto-market" rel="noopener noreferrer nofollow">Ethereum</a>. He anticipates that altcoins will soon carve out a larger slice of the market, reaching 16% dominance. This 3% leap could translate to a staggering $90 billion investment influx into altcoins—a scenario that would especially benefit smaller-cap cryptocurrencies.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/crypto-analyst-foresees-major-gains-for-axs-and-sushi-predicts-altcoin-market-share-expansion" rel="noopener noreferrer nofollow">Crypto Analyst Foresees Major Gains for AXS and SUSHI, Predicts Altcoin Market Share Expansion</a></h5>

Crypto Analyst Foresees Major Gains for AXS and SUSHI, Predicts Altcoin Market Share Expansion

Table of Contents

BH NEWS

Other articles published on Mar 16, 2024

Andrew Tate-Themed $TOPG Memecoin Gains 89,000% Before Violently Crashing, $GFOX A Solid Alternat...

3.7 trillion SHIB swap hands as investors flock to GFOX presale

Avalanche Foundation’s Meme Coin Investments Stir Market Interest

The crypto weekend watch amid Bitcoin ‘bubble-bust’ talks

Ethereum Spot ETFs Will Be Approved In May? 6 Analysts Revealed Their Forecasts

Santiment Reveals Top 10 Artificial Intelligence Altcoins Developers Are Focusing On

Join our free newsletter for daily crypto updates!