Crypto Market Poised for Massive 350% Upside, Say Glassnode Cofounders

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Glassnode cofounders' analysis points to strong growth potential for crypto market

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

While the crypto market has seen its fair share of ups and downs over the years, with periods of rapid growth followed by sharp corrections, the underlying technology and potential applications of blockchain and cryptocurrencies continue to attract interest from both retail and institutional investors.

Overall, Glassnode's cofounders' bullish prediction of a 350% upside on the crypto market highlights the potential for significant growth in the coming months. While the market's future performance remains uncertain, the cofounders' insights provide valuable perspectives for investors navigating the crypto landscape.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Update: Why is Crypto Suddenly Making Us Feel Like Irrational Geniuses?The total market cap is sitting pretty at a cool $2.66 trillion, and Bitcoin is the king of the castle again at 51.56%.
Source: hackernoon - 🏆 532. / 51 Read more »

Options market signals sharp decline in Bitcoin, Ethereum prices while meme coins see gainsThe crypto options market is known to provide early signals to corrections in the spot market.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Constellation Brands Poised for Market Share Gains in Beer BusinessConstellation Brands stock is well-positioned for market share gains in the upcoming fiscal year, with its strong beer business. The company is expected to expand its shelf space in supermarkets and convenience stores, while competitors like Bud Light face reductions. Analysts predict strong long-term beer volume growth for Constellation, which is not reflected in its current stock valuation. Recent scanner data from Nielsen also show a significant increase in beer sales. Morgan Stanley expects Constellation to continue gaining market share during the upcoming period.
Source: CNBC - 🏆 12. / 72 Read more »

Is Samsung Poised for Significant Growth as the AI Chip Market Surges?Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, NVIDIA Corporation, Samsung Electronics Co Ltd. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »