A popular analyst warns that SHIB, DOGE, ADA and the broader market will melt 60%.
Jason Pizzino warns SHIB, DOGE and ADA will collapse 60%
The altcoin market has dropped from its peak of over $900 billion in late 2021 to nearly $200 billion today. Despite this, well-known crypto analyst Jason Pizzino predicts more losses. Pizzino warned in a new video that Bitcoin (BTC), Ethereum (ETH) and stablecoins could still suffer further declines.
The analyst also predicts a 20% to 60% drop in the altcoin market over the next year. According to Pizzino, the collapse is likely to happen at any time. However, in the possible outlook, the altcoin will continue to fall while Bitcoin maintains its position. According to Pizzino;
I expect somewhere between 20% and 60% from the altcoin market if we witness some kind of decline and Bitcoin regains strength and re-establishes its position as king.
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