- SEC dropped part of its lawsuit against 10 altcoins, including ADA and SOL, impacting the crypto market.
- Deezy.eth predicts Solana (SOL) will rise from $180 to $504, Cardano (ADA) from $0.4 to $6.3, and MATIC will grow by1382%.
- Deezy.eth asked traders to be cautious with altcoins amid potential pullbacks
Recently, the SEC dropped a portion of its lawsuit against 10 altcoins in its Binance lawsuit. This development is significant for the crypto market, particularly for tokens like ADA, SOL, and other major altcoins.
The move by the SEC could have implications for market dynamics and investor sentiment. This news comes amidst ongoing regulatory scrutiny and is seen as a step towards potential resolution and clarity in the regulatory landscape.
Solana and Cardano Price Predictions
Deezy.eth, a renowned crypto analyst, has provided insightful price predictions for several key tokens, starting with Solana (SOL). At 01:21 in his video, Deezy predicts Solana will rally from the current price of $180 to $504.
Following this, at 02:21, he discusses Cardano (ADA), offering a bullish outlook based on its current trajectory and developments within its ecosystem. Deexy.eth suggests that the price of Cardano (ADA) will surge by 1475% (from $0.4 to $6.3).
Polygon, Polkadot, and Other Altcoins
The analysis doesn’t stop with SOL and ADA. Deezy also provides a prediction for Polygon (MATIC) at 03:14, suggesting a 1382% price growth (from $0.51 to $7.56.
Deezy.eth went on to highlight Polkadot’s (DOT) potential growth driven by technological advancements and increased adoption. Also, he suggested a likely pullback for altcoins, advising caution and strategic investment.
Deezy.eth ended the video by sharing his actual targets for these tokens at 5:14. His projections are based on a thorough analysis of market trends, historical data, and current events impacting the crypto landscape.
The SEC dropping a portion of its lawsuit has created a buzz in the crypto community. Deezy.eth’s detailed price predictions offer valuable insights for investors looking at ADA, SOL, and other top altcoins.
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.