Investors Eye Potential Growth in Altcoins Despite Recent Volatility

Investors Eye Potential Growth in Altcoins Despite Recent Volatility

As the weekend draws to a close, altcoin investors continue to anticipate significant gains. However, trading volume remains subdued, and the volatility surrounding Bitcoin over the past 70 days has dampened risk appetite for altcoins.

ETH Price Forecast

Ethereum, the largest altcoin by market capitalization, is poised for a major upgrade in the near future. Despite recent outflows, the ETH ETF front has shown promising signs, with notable inflows on February 4th.

Altcoin Sherpa suggests that Ethereum's price could potentially surpass $3,600 by April.

BNB and DOGE Price Forecast

BNB Coin continues to demonstrate strength, but CZ's attempts to migrate its network to a Solana alternative have faced setbacks. Investors are wary of such fleeting altcoin trends.

Mags predicts that BNB could reach $1,000, based on a recent price surge of over 220%.

The rise of major assets like Dogecoin, BNB, and ETH is expected to support lower-cap altcoins. BTC dominance is expected to revert to 48%.

Trader Tardigrade remains optimistic about DOGE's prospects, citing the potential for upward momentum based on technical indicators.