Moon Visionary

Cryptocurrency prices are starting to grind through a period of slow but steady gains in the past 48 hours, with Bitcoin again leading the charge and most altcoins lagging in recovery. In a recent post on the X platform, popular Bitcoin maximalist and CEO of JAN3, Samson Mow, described the misleading nature of unit bias among altcoins.
According to Mow, $ETH Ethereum at $9,200, XRP at $5,800, and Solana at $3,400 is virtually impossible, given the current supply of these tokens.
Mow’s post on X challenges how investors perceive the value of altcoins like Ethereum, XRP, and Solana. He proposed a reframing of altcoin valuations by applying Bitcoin’s supply model to them. Bitcoin was created with a total possible circulating supply of 21 million units, with 19.85 million of those currently in circulation.

At the time of writing, one unit of 21 million Bitcoins is trading around $88,000. This price might be too much for retail traders. As such, the idea of owning a whole unit of XRP or Solana feels more accessible to newcomers and retail traders compared to buying a fraction of Bitcoin with the same capital.

To expose how misleading this mindset can be, Mow reimagines altcoin valuations by dividing their total market capitalizations by Bitcoin’s 21 million supply cap. This is essentially asking what one unit of these assets would cost if they had the same scarcity of supply as Bitcoin. Based on current market caps, Ethereum would be valued at approximately $9,200, XRP at $5,800, and Solana at $3,400.
Given the current price of Ethereum, Solana, and XRP, these figures are unrealistic and reveal how much of the altcoin appeal is driven by unit bias rather than actual value. Furthermore, it shows that Bitcoin has better fundamentals and scarcity in its supply dynamics.
Notably, Mow’s perspective stands in opposition to the outlook held by some analysts who still anticipate an incoming altcoin season. These analysts believe that Bitcoin dominance, despite currently sitting at a yearly high of 63.5%, could be on the verge of a reversal. One notable technical analysis even projected a sharp crash in dominance toward the 40% mark in the coming months.
At the time of writing, Bitcoin is trading at $88,530, up by 1.3% in the past 24 hours. Ethereum is trading at $1,620, representing a 1.5% decline over the same period. Solana is down 0.5% at $140, and XRP is trading at $2.09 after a 1.63% decline in the past day.

Famous crypto investor Patrick Schmitt recounts how Shiba Inu ignited a broader market frenzy in April 2021, following a period of stagnation in the crypto space.
Schmitt reminded crypto investors of how Shiba Inu kicked off the 2021 bull rally with its astronomical gains. Schmitt noted that as of April 2021, the market was largely dull and felt like the season was over.
This implies that major cryptocurrencies like Bitcoin exhibited little to no price movement at the time, fueling investor doubts about the market’s future.

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HomeCrypto NewsMarketExpert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Expert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Date:

April 21, 2025
Written By:

Lele Jima
Shiba Inu
Shiba Inu
Follow TheCryptoBasic
Famous crypto investor Patrick Schmitt recounts how Shiba Inu ignited a broader market frenzy in April 2021, following a period of stagnation in the crypto space.

In an X post today, Schmitt reminded crypto investors of how Shiba Inu kicked off the 2021 bull rally with its astronomical gains. Schmitt noted that as of April 2021, the market was largely dull and felt like the season was over.

This implies that major cryptocurrencies like Bitcoin exhibited little to no price movement at the time, fueling investor doubts about the market’s future.

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Shiba Inu Revives the Crypto Market
Schmitt emphasized how SHIB’s price began surging in April 2021, sparking renewed excitement and momentum across the crypto landscape. At the beginning of April, SHIB was trading at just $0.000000060 seven zeros after the decimal.
In less than three weeks, the meme-based token eliminated two zeros from its price and soared to $0.00000362 on April 19, 2021. This marks an increase of 5,933% from its April 1, 2021 opening price.
Shiba Inu’s extraordinary gains in such a short period reignited investors’ confidence in crypto. It led to large retail buying, with major assets setting new all-time highs in subsequent months. For instance, while SHIB reached an ATH of $0.00008845 in October 2021, ETH clinched a peak price of $4,891 the following month.

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HomeCrypto NewsMarketExpert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Expert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Date:

April 21, 2025
Written By:

Lele Jima
Shiba Inu
Shiba Inu
Follow TheCryptoBasic
Famous crypto investor Patrick Schmitt recounts how Shiba Inu ignited a broader market frenzy in April 2021, following a period of stagnation in the crypto space.

In an X post today, Schmitt reminded crypto investors of how Shiba Inu kicked off the 2021 bull rally with its astronomical gains. Schmitt noted that as of April 2021, the market was largely dull and felt like the season was over.

This implies that major cryptocurrencies like Bitcoin exhibited little to no price movement at the time, fueling investor doubts about the market’s future.

- Advertisement -

freestar
Shiba Inu Revives the Crypto Market
Schmitt emphasized how SHIB’s price began surging in April 2021, sparking renewed excitement and momentum across the crypto landscape. At the beginning of April, SHIB was trading at just $0.000000060—seven zeros after the decimal.

In less than three weeks, the meme-based token eliminated two zeros from its price and soared to $0.00000362 on April 19, 2021. This marks an increase of 5,933% from its April 1, 2021 opening price.

Shiba Inu’s extraordinary gains in such a short period reignited investors’ confidence in crypto. It led to large retail buying, with major assets setting new all-time highs in subsequent months. For instance, while SHIB reached an ATH of $0.00008845 in October 2021, ETH clinched a peak price of $4,891 the following month.

Current State of the Crypto Market
Meanwhile, the current market state resembles the 2021 market cycle. Like April 2021, crypto performance has been relatively slow lately. Most assets, including SHIB and BTC, have failed to make any major upside move.
In particular, Shiba Inu has remained stuck around the $0.000012 price mark over the past two weeks. On the other hand, Bitcoin has been hovering between $84,000 and $88,000 within this period.

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HomeCrypto NewsMarketExpert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Expert Predicts Shiba Inu Will Repeat History and Trigger a New Bull Run
Date:

April 21, 2025
Written By:

Lele Jima
Shiba Inu
Shiba Inu
Follow TheCryptoBasic
Famous crypto investor Patrick Schmitt recounts how Shiba Inu ignited a broader market frenzy in April 2021, following a period of stagnation in the crypto space.

In an X post today, Schmitt reminded crypto investors of how Shiba Inu kicked off the 2021 bull rally with its astronomical gains. Schmitt noted that as of April 2021, the market was largely dull and felt like the season was over.

This implies that major cryptocurrencies like Bitcoin exhibited little to no price movement at the time, fueling investor doubts about the market’s future.

- Advertisement -

freestar
Shiba Inu Revives the Crypto Market
Schmitt emphasized how SHIB’s price began surging in April 2021, sparking renewed excitement and momentum across the crypto landscape. At the beginning of April, SHIB was trading at just $0.000000060—seven zeros after the decimal.

In less than three weeks, the meme-based token eliminated two zeros from its price and soared to $0.00000362 on April 19, 2021. This marks an increase of 5,933% from its April 1, 2021 opening price.

Shiba Inu’s extraordinary gains in such a short period reignited investors’ confidence in crypto. It led to large retail buying, with major assets setting new all-time highs in subsequent months. For instance, while SHIB reached an ATH of $0.00008845 in October 2021, ETH clinched a peak price of $4,891 the following month.

Current State of the Crypto Market
Meanwhile, the current market state resembles the 2021 market cycle. Like April 2021, crypto performance has been relatively slow lately. Most assets, including SHIB and BTC, have failed to make any major upside move.

In particular, Shiba Inu has remained stuck around the $0.000012 price mark over the past two weeks. On the other hand, Bitcoin has been hovering between $84,000 and $88,000 within this period.

- Advertisement -
For many investors, this performance has fallen short of expectations, especially as U.S. President Donald Trump unveils several pro-crypto policies.

Could History Repeat Itself?
Schmitt noted that while it remains unclear which crypto asset will trigger another rally, he emphasized that history might repeat itself even though the metrics and conditions have changed since 2021.
This suggests that Schmitt expects Shiba Inu to record another astronomical gain, leading to the next leg of the bull run, with prices of major assets soaring to greater heights, as observed in April 2021.
I remember April 2021 like it was yesterday, nothing were moving and it felt like over.
Than $SHIB started to pump amd kicked it all of.
I don’t know which one will kick it all of, but I am certain that history might repeat, even with way different metrics and conditions.
In the meantime, SHIB is trading at $0.00001274, representing a 24-hour increase of 2.7%. The token’s price has soared over 4.3% over the past seven days, with a slight growth of 0.9% in the past 30 days.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion.

Tron $TRX is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX).
$TRX
The Tron blockchain was created by Tron Foundation, a Singapore-based organization that is currently headed by Justin Sun. Prior to creating the Tron Foundation, Sun founded Peiwo, an app that aspires to be the Asian Snapchat. This app got Sun into the 2017 Forbes 30 under 30 list.
Sun was also the former Chief Representative of Ripple in China and a graduate of Hupan University.
Tron came about after a successful ICO which raised over $70 million in September 2017.
Market capitalization of TRON (TRX) is $23,229,445,240 and is ranked #8 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TRX tokens (95 Billion tokens are tradable on the market today).

The price of Solana ($SOL ) rose to its highest price so far in April on Thursday, outpacing other top coins following the launch of multiple Solana ETFs in Canada with staking capabilities, along with long-awaited Solana infrastructure upgrades at centralized exchange Coinbase.
Solana is currently trading for nearly $133, per data from CoinGecko, reaching that level for the first time since March 28. SOL is up 6% on the day, outpacing daily gains from Bitcoin, Ethereum, XRP, and other top 10 coins ranked by market cap.
Over the last week, Solana is up nearly 23%, making it one of the biggest gainers in the top 100 coins.
The recent surge comes amid Wednesday's launch of Canada's first spot Solana ETFs, from issuers including 3iQ, Evolve, CI, and Purpose. The exchange-traded funds feature staking functionality, providing investors with yield obtained by issuers staking their SOL to support the Solana blockchain.
Spot Solana ETFs have yet to be approved in the United States, though firms including VanEck, 21Shares, and Bitwise have filed applications with the Securities and Exchange Commission to launch such products.

Launch of futures-based XRP ETF expected to happen by end of AprilIn its updated filing, ProShares, a prominent issuer of exchange-traded funds, has revealed that it has chosen April 30 as the target date for the launch of its futures-based XRP ETF.This is a strong indicator that the product is ready for launch, but there is no guarantee that it will start trading by that specific date.ProShares originally filed its prospectus for the product in January. The proposed ETF is based on $XRP futures contracts and swap agreements, meaning that it will not invest in the token directly. $XRP The futures-based ETF is a major stepping stone toward the eventual launch of a spot-based XRP ETF. ETF trailblazer :- ProShares, of course, made waves back in 2021 with its debut of the very first futures-based Bitcoin ETF (BITO). The launch of the ETF was a tremendous success, but it was rather front-loaded. As reported by U.Today, Anthony Scaramucci of SkyBridge Capital has criticized the previous SEC administration for failing to approve a spot Bitcoin ETF right away. It took more than two years for such a product to finally launch in early 2024, to great fanfare. Sooner rather than later :- When it comes to XRP, the gap between a futures-based ETF and a spot-based one is expected to be much smaller. Polymarket bettors still see the approval of a spot-based XRP ETF happening as soon as this year. There are more than a dozen pending filings, including the one from Franklin Tempeton.

Fed Chair Jerome Powell raised stark concerns over the effects of President Trump's tariffs policy.
Bitcoin and stocks both tumbled on Powell warning.
"Very hawkish," said one analyst, adding that a May rate cut appears off the table, short of some drastic change in the market or economic situation.
A modest bitcoin rally to a possible challenge of the $86,000 level quickly reversed during U.S. afternoon trading hours on Wednesday as Federal Reserve Chairman Jerome Powell warned on the effects of President Trump's tariff regime.

"The level of the tariff increases announced so far is significantly larger than anticipated," said Powell in a speech. "The same is likely to be true of the economic effects, which will include higher inflation and slower growth."
The price of bitcoin ($BTC ) fell about 2.5% in the minutes following the Powell remarks, now trading at $84,447.53, down 1.5% over the past 24 hours.
U.S. stocks, which had been trying to mount a comeback from opening declines, also were hit, the Nasdaq slumping 3.4% to a session low.
Powell also mentioned that as crypto is becoming more mainstream, there's a need for a legal framework for stablecoins. He said that banking regulation around crypto will likely be “partially relaxed.”
The U.S. Senate Banking Committee cleared a bill to regulate stablecoin issuers in March, marking the first committee approval and a significant step closer to law in the U.S.
"I would have at least expected him to give a nod to the elevated volatility and ruptures forming in the treasury market but he did not do that," Thompson said.
Powell's tone suggests that investors should temper their expectations for rate cuts in the upcoming meetings, said Thompson, which could weigh on risk assets including crypto.

Investors seeking to make $1 million through investments in Shiba Inu would have to wait for SHIB to register astronomical gains.
Many people have flocked to the world of crypto with the aim of becoming millionaires in U.S. dollars. These individuals are mostly inspired by tales of how Shiba Inu (SHIB) turned many average-income earners into overnight millionaires in the 2020/2021 market cycle.
During that period, SHIB’s price surged tremendously, making many millionaires. Although Shiba Inu has not experienced a similar surge since then, most investors are confident that meager investments of $5,000 or $10,000 in SHIB might balloon into $1 million someday. 
Consequently, we estimated that investments of $5,000 or $10,000 in Shiba Inu today could skyrocket to $1 million, according to predictions from renowned crypto experts. Reaching these goals would require increases of 9,900% and 19,900%, respectively.
The token has a market cap of $7.26 billion and a daily volume of $158.39 million.

At the current price, an investment of $5,000 in Shiba Inu would procure 405,844,155 (405.84 million) SHIB tokens. Similarly, a $10,000 investment would fetch 811,688,311 (811.68 million) SHIB at the current price.
Investors who commit $5,000 to SHIB today could make a fortune of $1 million if Shiba Inu’s price rallies to $0.002465. However, those with investments of $10,000 in SHIB would hit the $1 million target earlier if SHIB rose to $0.0012325. 
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Bitcoin price approaches its key resistance at $85,000 on Monday, with a breakout indicating a bullish trend ahead.Bitcoin could rally toward $90,000 if it breaks above its 200-day EMA Bitcoin price broke and closed above its descending trendline (drawn by connecting multiple high levels since mid-January) on Friday and rallied 2.22% the next day. However, on Sunday, it faced rejection at the $85,000 level, which coincides with the 200-day Exponential Moving Average (EMA) and the daily resistance level. At the time of writing on Monday, it trades at around $84,000. If BTC breaks and closes above $85,000, it could extend the rally to the key psychological level of $90,000. A successful close above this level could extend an additional rally to test its March 2 high of $95,000.The Relative Strength Index (RSI) on the daily chart flattens around its neutral level of 50, indicating indecisiveness among traders. The RSI must move above its neutral level for the bullish momentum to be sustained.If BTC fails to close above $85,000 and continues its downward trend, it could extend the decline to retest its next daily support level at $73,072.

XRP is showing short-term weakness with a recent drop to $1.64 after briefly touching $3, now stabilizing around $2.01.
A bullish crossover between the 21-day EMA and 33-day MA aligns with historical patterns that previously led to major rallies.
Price targets between $19 and $45 are being considered if XRP repeats past cycle behavior, with $27 as a conservative estimate.
$XRP
Ripple (XRP) is facing a wave of short-term price turbulence, but long-term projections remain highly bullish. Despite a 5% drop over the past week and an 8% decline in the last 30 days, XRP continues to capture investor attention as historical patterns hint at a massive breakout in the next market cycle.
Currently, XRP is trading at $2.1, with a 24-hour trading volume of $8.12 billion and a market cap of $117.01 billion. The token saw a slight 0.41% decrease in the last 24 hours. Its recent rally to $3 was short-lived, as the price sharply corrected to a low of $1.64 before bouncing back.

Users of the world’s largest crypto exchange by volume have voted to add three new altcoins to the trading platform.
In a new announcement, Binance says traders that use its services have voted to add decentralized investment banking protocol Ondo (ONDO), blockchain-based multiplayer role-playing game Big Time (BIGTIME), and artificial intelligence (AI)-based gaming protocol Virtuals Protocol (VIRTUALS) to its suite of crypto products.
Binance says the trio of assets will be added with a seed tag, which warns investors that they may display higher levels of volatility compared to other digital assets.
“ONDO, BIGTIME, and VIRTUAL are relatively new tokens that pose a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the projects before opting to trade the tokens.
Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tags will be applied to ONDO, BIGTIME, and VIRTUAL.”
News of the additions sent the assets flying. ONDO is trading for $0.887 at time of writing, a 8.6% gain during the last day, while BIGTIME and VIRTUAL are valued at $0.071 and $0.523, respective gains of 16.3% and 16.8% during the last 24 hours.
Last month, Binance’s first batch of “vote to list” digital assets – which included memecoins Mubarak (MUBARAK), CZ’S Dog (BROCOLLI714), Tutorial (TUT) and Bananas for Scale (BANANAS31) – went live and experienced extreme volatility shortly afterward.
Binance introduced its “vote to list” campaign in March, giving users a say in which projects will be added to the crypto exchange.