Due to current market conditions and intensifying bullishness, cryptocurrencies could surpass the symbolic dollar between now and 2025. Here are the 5 tokens in question.
Cryptocurrencies target the dollar
Bitcoin's current bull cycle is still far from over and cryptocurrencies should indeed benefit from it. Here is a list of several altcoins that could surpass the dollar between the end of 2024 and 2025. Valued at a few tens of cents, these tokens could go much higher in the event of strong bullish Momentum.
The cryptocurrencies in question are all coins from the top 100 crypto. These are of course Dogecoin $DOGE but also Tron $TRX , Stellar $XLM , Hedera #hbar and Kaspa #KAS . These altcoins are currently trading at the following respective prices: $0.41, $0.29, $0.43, $0.29 and $0.17.
As things stand, these tokens should therefore achieve X2 to X5 to surpass the dollar. A totally credible feat if the current cycle unfolds like previous cycles. Indeed, because previously, the altcoins season was able to reward investors.
Here's what these assets should do
Of these five cryptocurrencies, none have ever exceeded a trading price of $1. The cryptocurrency that went higher is Stellar’s XLM. Unfortunately, it stopped at $0.94 in 2018. Then, it was DOGE that went very high. The latter managed to reach a price of $0.73 during the previous cycle. The other tokens have not yet gone as high, but they have managed to reach a new ATH in 2024. We are thinking in particular of TRX and KAS, which are two record cryptocurrencies in 2024.
Even though in terms of performance, Kaspa's KAS is the cryptocurrency that has the most to do (X5), it is DOGE that will have to work hard in terms of market capitalization. To reach the dollar, DOGE will have to be valued at $160 billion. For comparison, this is currently an amount higher than the market capitalizations of BNB, XRP, SOL or USDT.
For Kaspa, which has a market cap of $4.3 billion, it will need to climb to $25 billion in market cap to reach the dollar. With the performance of major cryptocurrencies in the past, nothing seems truly impossible, for now.
Moral of the story: In crypto, Tom Cruise would not be successful because there is no mission that seems impossible.