John McAfee, the founder of the global computer security software company has been one of the strong proponent of cryptocurrencies since its origin. It is being noticed that McAfee’s short-term predictions about cryptocurrencies have caught a lot of attention on Twitter and other social media platforms. These predictions have certainly influenced a lot of virtual currency investors and traders over a period of time.
Following is a snippet of his recent cryptocurrency prediction.
According to his recent tweet, after this bearish Bitcoin period, with BTC prices dropping below $7500, the prices are expected to rise up to $15,000 in July, after which, it will dip again. Golem, which is currently priced at $0.46 is expected to rise up to $5, gaining more than 4 times its value by the end of the next two months.
Docademic, ranked #297 is currently priced at $0.144. McAfee believes that the prices will rise up to $0.73 by mid-July. Another altcoin, Bezop, currently ranked at #660 is, at the time of writing, priced at $0.106. He expects the price of Bezop to hit $0.52 by mid-July.
Randy Dubay, a Twitterati commented:
“I try to make my investments long term, but appreciate the short term predictions since if we hit these milestones it reassures me (and I assume others) that we are on the right track. After withstanding five months of chop it can be difficult to see light at end of the tunnel.”
Shawnster, a Cryptocurrency enthusiast says:
“Mr. McAfee you just made my day. Real world deals are always done behind closed doors and media manipulate the “agenda.”@bitcoinprivate is a gem and I’m glad you have their vote of confidence. Bitcoin Private it’s time to shine!”
McAfee’s recent posts regarding his interest in Bitcoin Private [BTCP] is also trending these days. He believes that the prices will rise more than $200 by the end of July. It is currently priced at a mere $21.
McAfee goes ahead to predict the prices of another top 5 coin, EOS. It is currently trading at $12. According to his predictions, he expects the prices to rise up to $32 by the end of July.
A day trader commented on Twitter:
“Thanks for #BitcoinPrivate prediction! This project will be a top 10 coin Fast and private transactions ”
Earlier today, John McAfee tweeted again affirming that there are high chances of the market trading to be same as his predictions:
“My short term price predictions: in a major dip, with nearly everything dropping, the price of Docademic doubled since my prediction. The market will turn before June 12th and my predictions will hit. My algorithms predicted Trump’s June 12th date. They have never been wrong.”
Docademic [MTC] has shown a significant hike in the past 7 days with 108.53%. While all the other coins are showing a strong bearish trend since the past 24 hours, MTC is trading at $0.144 with a market cap of $26 million with an increase of 11.47% in the past 24 hours.
Hemant Sharma, a Twitterati says:
“Trump has dismissed the 12 June meeting and sent it in writing”
Dr. Josh Cotton, a blockchain follower says:
“My analysis shows we should be around $9K right now so my data agrees we are in a dip, but $15K feels high for next month”
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Binance coin pumps by over 6% in an hour; breaks its all-time high
On June 20, Binance coin [BNB], a coin ranked seventh on CoinMarketCap, surged by a massive 6.38% over the past hour. The coin also broke its all-time high and was trading at $36.47, at press time.
At press time, BNB was being traded at $36.47 with a market cap of $5.097 billion. The 24-hour trading volume of the coin was reported to be $571.64 million, as it spiked by 2.35% over the day. Over the past seven days, the coin noted a rise of 2.03% in its price and continued to rise by 6.38% within the hour.
This hike follows Singapore-based cryptocurrency exchange, KuCoin, listing Binance coin [BNB] and Binance announcing the launch of Elrond project on Binance launchpad. Binance funded the sharding-based public blockchain network in a private funding round, as the company closed the round with $1.9 million. It will be the next project supported by Binance launchpad and the token sale will be carried out in a lottery fashion. The token sale is scheduled to begin from June 22, 00:00 AM [UTC].
The coin was highly traded on Binance exchange with BNB/USDT pair and BNB/BTC pair. BNB/USDT took the first place as it noted a 24-hour trading volume of $137 million, followed by BNB/BTC which reported a volume of $126 million. The third position was taken by LBank exchange, which registered a trading volume of $120 million with BNB/USDT pair.
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