NEAR Protocol

Dogecoin

Sherpa

Chainlink

<div class="dailyhodl">
 A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets.
 The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.40, about 147% above the current level, “is one of the safest trades you can make this cycle in my opinion.”
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 On the reasons informing his bullish thesis for the largest memecoin by market cap, the pseudonymous analyst says,
 “- Retail is eventually going to buy it up.
 – All it takes is one retarded Elon [Musk] tweet to blow it up.
 – Has great liquidity/low downside relative to other memes.
 – Probably outperforms a lot of other shitcoins.”
 <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/GOxiYW3WMAAqDyI?format=jpg&amp;name=small" alt="Image" width="680" height="388">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 Dogecoin is trading at $0.162 at time of writing.
 Turning to Solana (SOL), Altcoin Sherpa says,
 “I think this goes much higher later this year but I think that we just see more chop/lower volatility for now.”
 <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/GOvyJj0W8AAWO2t?format=png&amp;name=small" alt="Image" width="680" height="388">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 Solana is trading at $168 at time of writing.
 Next up is blockchain oracle Chainlink (LINK). The pseudonymous trader says that while Chainlink may not yield 100x gains, it has limited downside. Based on Altcoin Sherpa’s chart, it appears that he is suggesting that LINK could surge by around 75% from the current level and reach a price of $32 over the coming months.
 <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/GOxgwe6XwAAz5Zr?format=jpg&amp;name=small" alt="Image" width="680" height="388">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 Chainlink is trading at $18.26 at time of writing.
 Next up is the layer-1 platform NEAR Protocol (NEAR). The pseudonymous analyst says that the Ethereum (ETH) competitor currently offers no attractive entry opportunity for a long position.
 “I think it [NEAR] looks like it’s consolidating but you’re basically hoping this has a breakout. Would rather just be patient on it and buy it higher personally.”
 <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/GOvwwXvXEAAqrJ-?format=png&amp;name=small" alt="Image" width="680" height="388">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 NEAR is trading at $7.48 at time of writing.
 
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trader-says-large-cap-memecoin-could-surge-by-140-updates-outlook-on-solana-chainlink-and-one-ethereum-rival-tbt90651.html">https://thebittimes.com/trader-says-large-cap-memecoin-could-surge-by-140-updates-outlook-on-solana-chainlink-and-one-ethereum-rival-tbt90651.html</a>

Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival

TheBitTimes

Inne artykuły opublikowane 31 maj 2024

Australia’s Crypto Surge: 17% Ownership and Growing Adoption Among the Young

Terraform Labs Executes Significant Transactions Involving AVAX and BNB Tokens

Qubetics Whitelist: The Crypto Revolution Stealing the Spotlight from Polygon and Aave

BlockDAG $37 Million Presale Takes Spotlight, Surpassing Polkadot & BCH; Thanks to YouTube Influe...

Bitcoin Faces Short-Term Price Drop

JasmyCoin Price Volatile As Pepe Hits ATH, Raboo Token Emerging As Top Pick

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!