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- Renowned macro economist and trading legend, Henrik Zeberg, has shared a striking 15x target for a particular altcoin.
- In a tweet, Zeberg suggested that the weakening dollar will breathe new life into the cryptocurrency market.
- He also stated that low bond yields in the US and the dollar’s appreciation against other fiat currencies have created a perfect environment for the rise of risk assets like cryptocurrencies.
Macro economist Henrik Zeberg predicts a 15x surge for altcoin JasmyCoin (JASMY), citing a weakening dollar and favorable market conditions as key drivers.
Zeberg Eyes JasmyCoin for Crypto Rally
Zeberg has set his sights on JasmyCoin (JASMY) as a prime candidate for participation in the upcoming cryptocurrency rally. He suggests that the altcoin is currently experiencing its third wave.
Next Stage Predicted Amid Falling Dollar Index
Zeberg predicts the next stage will come as the dollar index (DXY) falls towards summer, with support arriving in the fall. He suggests that while JASMY could be just $0.3, he is aiming for higher levels. Considering that JASMY is currently trading at $0.02 according to CoinGecko data, the economist is expecting a minimum 15x performance.
Conclusion
Henrik Zeberg’s prediction for a 15x surge in JasmyCoin (JASMY) comes amid a weakening dollar and favorable market conditions. As the dollar index (DXY) is expected to fall over the summer, Zeberg believes this could provide the perfect environment for risk assets like JASMY to thrive. However, as with all predictions, investors should approach with caution and conduct their own research.
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