Lido DAO

Shiba Inu

<div class="dailyhodl"> 
 <p>A widely followed crypto analyst and trader is expressing bullish sentiment on a low-cap memecoin.</p> 
 <p>The analyst pseudonymously known as Bluntz tells his 236,000 followers on the X social media platform that it is “clear as day” that the Solana-based memecoin dogwifhat (WIF) is currently undergoing accumulation.</p> 
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">    
 </div> 
 <p>According to a chart attached by the pseudonymous analyst, it appears that Bluntz is suggesting that WIF could continue its upward momentum and hit a price of at least $0.45 – a gain of 228% from the current level.</p> 
 <figure style="width: 100%" class="wp-caption aligncenter">
  <img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GDdSnsAbAAAh8wP?format=png&amp;name=small" alt="Image" width="680" height="547">
  <figcaption class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure> 
 <p>WIF is trading at $0.137 at time of writing.</p> 
 <p>The pseudonymous analyst also appears to suggest that WIF could reach a market cap of a billion – which could translate to a gain of around 630% from the current market cap of $136.8 million.</p> 
 <p>Turning to Solana (SOL), Bluntz says that the fifth-largest crypto asset by market cap could trade “sideways for a while” forming a symmetrical wedge pattern on the three-day chart before resuming the upward trajectory.</p> 
 <figure style="width: 100%" class="wp-caption aligncenter">
  <img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GDc36ktbQAA6sj5?format=jpg&amp;name=small" alt="Image" width="680" height="598">
  <figcaption class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure> 
 <p>Next up is the native token of the Ethereum (ETH) liquid staking protocol Lido DAO (LDO). According to Bluntz, the LDO/USDT pair could hit a price target of $10 – approximately 158% from the current level. From the pseudonymous analyst’s chart, it appears that Bluntz is suggesting that on the weekly chart, LDO has broken out of a horizontal resistance level that started forming in 2023.</p> 
 <p>The pseudonymous analyst further suggests that the Lido DAO/Bitcoin (LDO/BTC) pair could surge by over 150% after bouncing off a key support level.</p> 
 <figure style="width: 100%" class="wp-caption aligncenter">
  <img loading="lazy" decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GDYyIbYakAAmxEm?format=jpg&amp;name=small" alt="Image" width="677" height="680">
  <figcaption class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure> 
 <p>LDO is trading at $3.87 at time of writing.</p> 
 <p class="p1"></p>
</div>
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/under-the-radar-dogecoin-and-shiba-inu-rival-could-explode-by-over-200-according-to-top-crypto-analyst-tbt76269.html">https://thebittimes.com/under-the-radar-dogecoin-and-shiba-inu-rival-could-explode-by-over-200-according-to-top-crypto-analyst-tbt76269.html</a></p>

Under-the-Radar Dogecoin and Shiba Inu Rival Could Explode by Over 200%, According to Top Crypto Analyst

TheBitTimes

Other articles published on Jan 11, 2024

Bitfinity Raises $7 Million to Launch Bitcoin Layer-2 Network on Internet Computer Protocol

Wall Street Cashing Out on the Crypto Space as Bitcoin ETFs Get Banned From Buying-Will BTC Price...

Presale Gem Pullix (PLX) Continues to Charge Through Stage 6. OP & ARB Set To Climb In 2024

Hedera and Algorand collaborate on decentralized system for wallet recovery

Cyberscope Attends Crypto Expo Milan 2023

World’s First Fully Autonomous Restaurant, ‘CaliExpress by Flippy,’ Redefines Dining Experience

Join our free newsletter for daily crypto updates!