A carefully adopted crypto analyst and dealer consider that one red-hot Solana (SOL)-based memecoin could have much more upside potential after placing up enormous features within the final week.
Pseudonymous analyst Altcoin Sherpa tells his 225,300 followers on the social media platform X that the market cap of Goatseus Maximus (GOAT) may soar greater than 130% from its present worth.
“GOAT: $500 million [market cap] subsequent in my view. Nonetheless holding a giant bag of this and can contemplate taking a little bit of revenue there.”
GOAT is buying and selling for $0.2176 at time of writing, up greater than 400% from its low of $0.0435 reached on October thirteenth. With a present market cap of $216,865,708, GOAT is the 276th largest crypto challenge.
Subsequent up, the analyst is expressing longterm bullish sentiment on layer-1 blockchain Fantom (FTM). Nonetheless, he warns FTM could decline beneath $0.71 within the close to time period.
“FTM appears respectable to me nonetheless and I’m nonetheless holding a bag. Hoping it doesn’t return inside that buying and selling vary, however it’s wanting considerably probably at this level. Extra of a purchase and maintain bag for me.”
FTM is buying and selling for $0.74 at time of writing, down 1% within the final 24 hours.
Lastly, the analyst says Ethena (ENA), an artificial greenback protocol on Ethereum (ETH), may surge after bouncing off of a Fibonacci retracement degree at $0.38.
“At present lengthy ENA on the .382 fib plus assist/resistance degree. Concentrating on low $0.40s.”
ENA is buying and selling for $0.39 at time of writing, down greater than 1.9% within the final 24 hours.
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