A carefully adopted crypto analyst and dealer imagine that one red-hot Solana (SOL)-based memecoin might have much more upside potential after placing up large positive factors 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 take into account 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 venture.
Subsequent up, the analyst is expressing longterm bullish sentiment on layer-1 blockchain Fantom (FTM). Nonetheless, he warns FTM might decline beneath $0.71 within the close to time period.
“FTM seems first rate to me nonetheless and I’m nonetheless holding a bag. Hoping it doesn’t return inside that buying and selling vary, but it surely’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 stage at $0.38.
“At present lengthy ENA on the .382 fib plus help/resistance stage. Focusing 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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