Market Cap and Price Predictions at Bull Market Highs
According to the observation of market trends in the past few bull markets, the total market capitalization of the Crypto market usually falls back to the high point of the previous bull market during the bear market. For example:
2019: The market cap fell about 80% from its highs.
2022: Market cap also drops by about 80%.
Assuming a similarly sharp pullback in market capitalization (approximately 65-75%) in the next bear market, the market capitalization is expected to fall to approximately $2.8 trillion. According to this extrapolation, during the peak of the bull market, the market value may reach the level of 8 trillion US dollars.
Market capitalization ratio and price speculation of the top 10 currencies
Historical data shows that the market capitalization of the top 10 cryptocurrencies (excluding stablecoins) accounts for approximately 80% of the total market capitalization, or approximately $6.4 trillion. Based on the proportions of the past two bull markets, the prices of major cryptocurrencies at the high point of the bull market may be as follows:
Bitcoin (BTC): $130,000 - $140,000
Ethereum (ETH): $10,000 - $11,000
Solana (SOL): $700 - $800
Ripple (XRP): $5
Binance Coin (BNB): $3,000 - $3,200
Dogecoin (DOGE): $1.5
High prices typically only last a few weeks.
