Altcoin Apocalypse: Crypto Expert Warns Of $60B Market Crash That Could Affect Dogecoin, Shiba Inu, Toncoin And Others
Portfolio Pulse from Murtuza Merchant
Crypto analyst Nicholas Merten predicts a potential downturn in the altcoin market, with a possible $60 billion decline. He also highlighted Ethereum's unsuccessful attempts to breach the $2,000 mark and expressed reservations about the market's response to upcoming developments like ETH 2 and EIP-1559.
September 02, 2023 | 3:35 pm
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NEGATIVE IMPACT
Dogecoin could be affected by the predicted altcoin market downturn.
The predicted downturn in the altcoin market could negatively impact Dogecoin's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEGATIVE IMPACT
Ethereum's price could be affected by its unsuccessful attempts to breach the $2,000 mark and the market's lukewarm response to upcoming developments.
Ethereum's price could be negatively impacted by its unsuccessful attempts to breach the $2,000 mark and the market's lukewarm response to upcoming developments.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Pepe coin could be affected by the predicted altcoin market downturn.
The predicted downturn in the altcoin market could negatively impact Pepe coin's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEGATIVE IMPACT
Shiba Inu could be affected by the predicted altcoin market downturn.
The predicted downturn in the altcoin market could negatively impact Shiba Inu's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75