Thursday, July 4, 2024

Crypto Pundit Says God Candle Is Imminent For This Solana-Primarily based Meme Coin

The crypto analyst who accurately referred to as Dogwifhat’s (WIF) parabolic run has recognized one other Solana-based meme coin that would see a big transfer to the upside. The analyst additional prompt that WIF and this crypto token have hanging similarities

A ‘God Candle’ Incoming For Myro Meme Coin

Crypto analyst Bluntz Capital talked about in an X (previously Twitter) submit that it gained’t be lengthy earlier than the Myro (MYRO) token sees a god candle. The analyst added that everybody would want they’d purchased the meme coin when it lastly breaks its present all-time excessive of $0.4 and “begins doing speedy multiples.”

In a earlier X submit, Bluntz had prompt that MYRO is the subsequent Solana-based meme coin to take off following WIF’s run to the highest. The analyst had accurately predicted that WIF would attain the heights it’s at the moment at proper from when it was nonetheless buying and selling at round $0.29. Again then, he said that the meme coin would go “turbo parabolic.”

Bluntz prompt that MYRO may observe an analogous trajectory to WIF’s rise as he highlighted that each meme cash have the identical chart sample. MYRO, making an analogous run to WIFs, may see it turn into the newest meme coin to hitch the billion-dollar membership by way of market cap. MYRO’s market cap at the moment stands at $340 million. 

In the meantime, Bluntz isn’t the one analyst that MYRO may see a parabolic value surge quickly sufficient. Crypto analyst Crypto Shadow additionally hinted that the meme coin will doubtless go “parabolic” quickly sufficient. He believes this transfer to the upside will see MYRO rank with prime meme cash like Dogecoin (DOGE), Pepe (PEPE), and FLOKI. 

Solana-Primarily based WIF’s Insane Run

WIF, one other Solana-based meme coin, is at the moment having an insane run, just like the type of run different prime meme cash like DOGE and Shiba Inu (SHIB) loved throughout their breakout 12 months in 2021. In consequence, WIF is at the moment having fun with a year-to-date (YTD) acquire of over 1,700%, making it one of the worthwhile crypto tokens for the reason that starting of 2024. 

WIF’s run has additionally seen it surpass BONK as essentially the most beneficial Solana meme coin, boasting a market cap of over $3 billion to BONK’s $2 billion. WIF now ranks because the fourth-largest by market cap, behind DOGE, SHIB, and PEPE. Nonetheless, if it in some way sustains this bullish momentum, it may quickly surpass PEPE. 

Bluntz beforehand talked about that WIF will flip not less than two meme cash on this market cycle (it already flipped BONK) and additional prompt that it may rise to turn into the second most dear meme coin, solely behind DOGE. 

MYRO price chart from Tradingview.com (Solana)

MYRO value at $0.32 | Supply: MYROUSDT on Tradingview.com

Featured picture from CoinMarketCap, chart from Tradingview.com

Disclaimer: The article is supplied for academic functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You might be suggested to conduct your personal analysis earlier than making any funding selections. Use info supplied on this web site fully at your personal threat.

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