Based

Solana

Pepe

Monster

<div class="dailyhodl">
 <p>A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks.</p>
 <p>The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge after making a V-shaped recovery on the hourly chart.</p>
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 <p>Based on the pseudonymous analyst’s chart, it appears that the memecoin has completed a three-wave pattern, which signifies the end of a correction, as per the Elliott Wave theory.</p>
 <p>The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a minor corrective trend moves in a three-wave pattern.</p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GH8By5ba0AAWyUy?format=jpg&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure>
 <p>WIF is trading at $2.08 at time of writing, a gain of 994% from the February 7th close of $0.190.</p>
 <p>According to Bluntz, WIF could appreciate by up to 44% from the current level in the next leg of the rally.</p>
 <p><i>“$2.50 – $3 next but you wouldn’t believe it.”</i></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GH9kaCSbYAApgq-?format=jpg&amp;name=900x900" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure>
 <p>Bluntz also offers his forecast on the Pepe (PEPE) memecoin which has also recorded triple-digit rallies over the past 30 days.</p>
 <p>“<i>No impulsive decline yet on PEPE, still looks corrective and still expect fresh highs from here.”</i></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GH9FwJ1b0AEivAM?format=jpg&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure>
 <p>PEPE is trading at $0.000008116 at time of writing, up around 780% over the past month. A 1000PEPE perpetual contract tracks the Pepe token and represents, as the symbol suggests, 1,000 PEPE tokens.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/solana-based-altcoin-that-s-up-900-in-a-month-primed-for-monster-move-says-top-trader-here-are-his-targets-tbt81939.html">https://thebittimes.com/solana-based-altcoin-that-s-up-900-in-a-month-primed-for-monster-move-says-top-trader-here-are-his-targets-tbt81939.html</a></p>

Solana-Based Altcoin That’s Up 900%+ in a Month Primed for Monster Move, Says Top Trader – Here Are His Targets

TheBitTimes

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