Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»A trader says one Ethereum-based altcoin is set to quickly double in price, leaving most of the market untouched.
ALTCOIN NEWS

A trader says one Ethereum-based altcoin is set to quickly double in price, leaving most of the market untouched.

By Crypto FlexsAugust 13, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
A trader says one Ethereum-based altcoin is set to quickly double in price, leaving most of the market untouched.
Share
Facebook Twitter LinkedIn Pinterest Email

A widely known cryptocurrency analyst is predicting that one of the Ethereum (ETH)-based altcoins will suddenly surge in price.

Anonymous cryptocurrency trader Credible has shocked investors in a new thread on social media platform X by telling his 409,300 followers that the native asset of stablecoin-focused decentralized exchange Curve DAO (CRV) could soon double in value.

“CRV will quickly revalue to twice its value, and most investors will be left out of everything else.”

At the time of his prediction, CRV was trading at around $0.25. At the time of writing, CRV is trading at $0.30, up 19.6% over the last 24 hours.

Credible said recent price action confirms his outlook.

“CRV is down to $0.30. That’s good to see. Next is $0.40 and above.”

The analyst also believes that CRV has the potential to outperform Solana (SOL) and reclaim its previous all-time high (ATH).

“Do you think SOL will go to $1,000? Even if it does, congratulations. That’s 7x.

CRV will go 30x from its previous ATH, and beyond that it will go 40x, 50x, etc. Do you want a potential 7x or a potential 50x? The only difference between the two is patience.”

Analysts are looking at Bitcoin and believe (BTC) is headed toward the low $60,000s based on the trend of open interest (OI). OI tracks the total number of open derivatives contracts for a particular asset.

“Many people are watching the green long zone between $54,500-$56,500, as there is local demand there, and there are equal and untapped lows. However, the heatmap shows a stacked bid leading the ‘ideal’ long zone just above that area. The OI has also completely reset with this small drop. I wouldn’t be surprised if it leads the $54,500-$56,500 zone and then reverses before that…

So far it looks good and I think we’ll see a high of $62,800 next.”

Source: Credible/X

At the time of writing, Bitcoin is trading at $59,792, down slightly over the last 24 hours.

Don’t miss out – subscribe to receive email notifications straight to your inbox

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are your responsibility and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/TadashiArt

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025
Add A Comment

Comments are closed.

Recent Posts

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025
Most Popular

MetaRama Enhances AI Study Buddy’s Conversational Abilities on WhatsApp and Messenger

July 29, 2024

Stablecoin Trends: Insights in Industry Giant Stripe, Visa and Coin Base

May 15, 2025

Changpeng Zhao says that Binance’s list process is ‘broken’ according to the new Memecoin Listing.

February 11, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.