John McAfee’s July fortune; Are the coins going to break the predictions?

John McAfee is known for his price predictions and outspoken comments. Earlier in May, the former CEO of McAfee Inc. predicted prices for Bitcoin [BTC], Golem [GNT], EOS [EOS], Docademic [MTC], Bezop [BEZ] and Bitcoin Private [BTCP].

John McAfee's tweet | Source: Twitter

John McAfee’s tweet | Source: Twitter

Along with the tweet, McAfee attached an image indicating his price predictions, which stated:

“Bitcoin will surpass $15,000 in June. Will dip in July.
GNT [Golem] will surpass $5 by the end of July.
Docademic will hit $.73 by mid July.
Bezop will hit $0.52 by mid July.
Bitcoin Private will surpass $200 by the end of July.
EOS will hit $32 by the end of July.”

Source: Tradingview [BTC/USD]

According to McAfee’s tweet, Bitcoin prices were expected to rise up to $15,000 in June after which he predicted the prices to fall again. As observed, the highest price BTC reached in June was $7600. Although it did not hit the $15,000 mark, it did have a major fall. Bitcoin crashed to its lowest point in 2018 on June 29th.

On June 10th, a flash crash occurred where Bitcoin dropped to $7200 from $7600 in just under 2 hours. Almost all cryptocurrencies faced the same bearish run, as they dropped by 5%. Furthermore, on 23rd June, Bitcoin’s value dropped over $600 in 10 hours.

The coin was trading at the price of $5855 on 24th June. After fighting the resistance, Bitcoin broke the record again by falling to $5815. The market cap also fell below the $100 billion margin during the crash. Irrespective of all the deep pits Bitcoin fell into, it started to gain an upward momentum in July.

McAfee said that Bezop will reach $0.52 and Docademic will hit $0.73 by mid-July. During McAfee’s predictions, Bezop, ranked at #660 and was priced at $0.106. As observed, Bezop [BEZ]  is trading at $0.073 at the time of writing with a market cap of $4 million. It is currently experiencing a pump of 13.84% in the past 24 hours.

When McAfee predicted the prices of Docademic, it ranked #297 and its trading price was $0.144. At the time of press, Docademic [MTC] is ranked at #149 on CoinMarketCap. The coin is trading at the price of $0.22 and has a market cap of $48 million. The coin is currently facing a hike of over 39.91%. McAfee predicted that the price would reach $0.73 within the stipulated time period.

As of now, predictions of McAfee have not yet been met, even as the coins are 2 days away from hitting the mid-July timeline. Golem is expected to rise up to $5, gaining more than 4 times its value. EOS is speculated to bang the level of $32 by the end of July, with Bitcoin Private predicted to reach heights close to $200.

Golem [GNT] is currently trading at the price of $0.28, while EOS [EOS] is trading at $7.11.

When McAfee posted his predictions, the cryptocurrency influencer faced criticism and appreciation from Twitteratis as well as Redditors.

Venetian Coin, a Twitter user said:

“Stop lying please. People are losing money. Not funny.”

Rebecca, another Twitterati commented on McAfee’s prediction post, saying:

“I have a bag of Golem – took my last ETH and bought a bigger bag. Ty John. Let’s see what happens. I love this project”

Jiya42Jain, a Crypto enthusiast said:

“I betcha guyzz this man is crazy. Im buying MTC because of his predictions”

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