Home web3.0 Crypto Analyst Altcoin Sherpa Says This Memecoin Looks Ready to Surge Even Higher After Printing Huge Gains This Year

Crypto Analyst Altcoin Sherpa Says This Memecoin Looks Ready to Surge Even Higher After Printing Huge Gains This Year

Jun 28, 2024 am 07:36 AM

In a new strategy session, crypto analyst Altcoin Sherpa tells his 217,600 followers on the social media platform X that meme assets are recovering nicely from the latest market crash.

Crypto Analyst Altcoin Sherpa Says This Memecoin Looks Ready to Surge Even Higher After Printing Huge Gains This Year

Cryptocurrency trader with a large following says that one memecoin, which has already seen massive gains, is showing signs of being set for another surge.

In a recent strategy session, crypto analyst Altcoin Sherpa shared his analysis with 217,600 followers on the social media platform X, discussing the recovery of meme assets from the latest market crash.

According to the trader, one memecoin in particular – dogwifhat (WIF) – is primed to skyrocket despite already printing huge gains this year.

“Some memes are making a strong bounce from their local bottoms. WIF probably will go to at least $2.50, MOG is one of the stronger ones, and og PEPEcoin is at a solid bounce area (I own this one). Let’s see if these areas can be sustained.”

In January, WIF was trading at $0.069. It is now trading for $2.16 at the time of writing, a gain of nearly 3,088%.

Moving on to smart contract platform Solana (SOL), Altcoin Sherpa says he believes the altcoin will eventually rise to near the $170 price tag but notes that it could crash back down to even lower prices.

“SOL: I think this goes higher overall. to be determined if this is ‘the bottom’; I kind of doubt it. I still think you get another shot at the lows again later.”

Solana is trading for $147 at the time of writing, a 7% gain during the last 24 hours.

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