Jeo Boden

NEAR Protocol

dogwifhat

<div class="dailyhodl">
 <p>A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a memecoin that has gone up more than twenty-fold since early March.</p>
 <p>The trader pseudonymous known as Crypto Dog tells his 775,500 followers on the social media platform X that the memecoin Jeo Boden (BODEN) is on the cusp of breaking out after a period of consolidation.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
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 <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/GL6EPXgawAE4nwy?format=jpg&amp;name=900x900" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Crypto Dog/X
  </figcaption>
 </figure>
 <p>Based on the Crypto Dog’s chart, it appears that BODEN is testing a downward-sloping resistance level on the daily chart.</p>
 <p>BODEN is trading at $0.639 at time of writing, up by around 2,466% from the all-time of $0.0249 reached on March 9th.</p>
 <p>According to the pseudonymous analyst, a variety of memecoins including dogwifhat (WIF) are sending bullish signals.</p>
 <p><i>“Not just WIF though, a good handful of mid/high cap memecoins are aiming for new highs.”</i></p>
 <p>Turning to NEAR Protocol (NEAR), the pseudonymous analyst says he’s bullish on the Ethereum competitor based on the artificial intelligence (AI) narrative, among other things. The layer-1 blockchain’s Co-Founder Illia Polosukhin last year said that AI would be “one of the core verticals for the NEAR ecosystem heading into 2024”.</p>
 <p><i>“…still think NEAR will lead over the next weeks, months.</i></p>
 <p><i>Structurally it looks great, erased recent dip outperforming Bitcoin and even Solana.”</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/GL7Ddc8bwAA07Pp?format=jpg&amp;name=medium" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Crypto Dog/X
  </figcaption>
 </figure>
 <p>NEAR Protocol is trading at $6.81 at time of writing, up by around 17% over the past seven days.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trader-says-memecoin-that-s-exploded-over-2-400-in-weeks-about-to-go-higher-updates-outlook-on-near-protocol-tbt86635.html">https://thebittimes.com/trader-says-memecoin-that-s-exploded-over-2-400-in-weeks-about-to-go-higher-updates-outlook-on-near-protocol-tbt86635.html</a></p>

Trader Says Memecoin That’s Exploded Over 2,400% in Weeks About To Go Higher, Updates Outlook on Near Protocol

TheBitTimes

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