Bitcoin rallied to an all-time high above $93,000 recently, creating a market abuzz for altcoins.
Ripple’s XRP, which has spiked to multi-year highs above $1.15, are among those to shine this past week. Elsewhere, sentiment around meme coins is at a new high, and getting unprecedented attention is Vantard (VTARD).
But what are analysts saying about BTC price? What could this mean for Vantard?
Bitcoin price prediction as bulls hold $90k
While Bitcon price has declined from the ATH reached in the aftermath of the US election win for Donald Trump, analysts are bullish both in the short term and long term. The outlook for the next few weeks is that bulls will try to take the psychological level of $100k.
Trump’s win and changes at the US Securities and Exchange Commission with impending exit of Gary Gensler has the market excited. A large part of this is down to crypto regulation – a scenario that is already helping XRP and other altcoins higher.
The new administration is pro-crypto and supportive of a strategic bitcoin reserve, BTC price could benefit with new momentum in place. Major institutional investors piling into the asset is also a bullish signal.
Ark Invest CEO and CIO Cathie Wood recently shared her Bitcoin price prediction. In the CNBC interview, Wood pointed to the above catalysts and others to suggest BTC could hit $650k by 2030.
What is Vantard?
As the market eyes a new leg up for the bull market, investors are focused on opportunities with likely to offer outsized gains. Meme coins have shown this trajectory in previous cycles, and analysts say the next meme rally could be a supercycle.
Vantard looks to offer buyers access to the top performing meme coins in an index fund. The portfolio, which is a basket of gems in the meme coin space, will rebalance periodically to keep the winning bets in.
With the Vantard Meme Portfolio, investors have exposure to the crypto market’s trending coins. This means investors can get the best of the bull market without having to face the complexity and challenge of managing the different coins or actively trading them.
Vantard price: What next for VTARD?
VTARD is designed to offer holders access to a fund that is similar to traditional index products. Think of a stocks index or an exchange-traded fund, but one that tracks the hottest meme coins in the market.
The project has raised over…