Tuesday, May 11, 2021

Venture Capitalist Believes ETH, VET and 3 Others Will Outperform BTC in the Upcoming Bull Cycle

A Venture Capitalist, Simon Dedic has recently shared his prediction about Bitcoin (BTC), Ethereum (ETH), VeChain (VET), and three other cryptocurrencies in the market.

In the prediction shared via his official Twitter handle some hours ago, Dedic believes that Bitcoin will experience a significant increase to relatively $150,000, but Ethereum (ETH), VeChain (VET), Binance Coin (BNB), Chainlink (LINK), and Tezos (XTZ) will outperform king of coins in long run.

Simon Dedic Prediction for Six Cryptocurrencies

Simon Dedic, the founder of the digital asset intelligence firm, Blockfyre, believes that Bitcoin (BTC) will still experience significant price skyrocket, he however sees five other digital currencies outperforming BTC.

In one of his recent tweets, Dedic stated that “In 2017, you could have bought literally any alt and it was a good investment”, adding that such a scenario will not surface again.

Despite his hope to see the crypto market launching a fresh bull market, he pointed out that not all cryptocurrencies will greatly benefit from the upcoming bull market. He said, “However, I still believe that the bull run will return, pumping the few solid alts out there.”

He furthered by predicting that Bitcoin (BTC) will experience about 1,500% to attain $150,000 in the course of the bull cycle.

Price Prediction for Ethereum (ETH)

The Venture Capitalist also shared a price prediction regarding Ethereum (ETH), the 2nd largest cryptocurrency by market capitalization. In his forecast, he said ETH will experience about 3,650% from its current price to $9,000.

Price Prediction for VeChain (VET)

Dedic predicted that VeChain (VET), the 29th largest cryptocurrency that is presently priced at $0.007064, will rise by relatively 15,000% to hit $1.

Price Prediction for Chainlink (LINK)

Dedic forecasted that Chainlink (LINK) that presently occupies 14th position in the market, will increase by 4,500% to attain $200, from $4.27.

Price Prediction for Binance Coin (BNB)

Also, he believes that Binance Coin (BNB) will skyrocket by 2,700% from its present price of $17.06 to $500.

Price Prediction for Tezos (XTZ)

Lastly, the Venture Capitalist, Simon Dedic shared his prediction for the 11th largest cryptocurrency, Tezos (XTZ). He believes that the price of XTZ will grow by 6,700% to trade at $200 from its present price of $2.84

In conclusion, Simon Dedic believes that Bitcoin (BTC) will experience notable growth, but 5 altcoins such as Ethereum (ETH), VeChain (VET), Chainlink (LINK), Binance Coin (BNB), and Tezos (XTZ) will significantly outperform the leading cryptocurrency.

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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