Altcoins

Analyst Predicts Over 100% Rally for Ethereum Rival, Calls One Altcoin ‘Super Strong’ Amid Crypto Volatility

A carefully adopted crypto strategist believes one Ethereum (ETH) competitor is primed to print positive aspects of greater than 2x this 12 months.

Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this 12 months.

However whereas the crypto strategist is long-term bullish on SOL, he expects the Ethereum rival to witness a pullback earlier than beginning a contemporary leg up.

“There’s going to in all probability going to be a pullback someplace within the $200-$250s, however I don’t understand how deep it’s going to be.

Nonetheless bullish as hell on this one this cycle, it’s the perfect chain for retail (proof of memes). In all probability $500+ in 2024.” 

Supply: Altcoin Sherpa/X

At time of writing, SOL is value $187.90, down over 6% previously day.

Subsequent up, the dealer says that RSS3, a decentralized info processing protocol, seems to be buying and selling in a spread with an higher sure of $0.57 and a decrease sure of $0.40.

“Still a super strong coin, RSS3 is one I’m still invested in and have a bag. Ranging for now and I think that this has been very strong amidst market volatility.”

Image
Supply: Altcoin Sherpa/X

RSS3 is buying and selling for $0.448 at time of writing, down 15.4% within the final 24 hours.

Lastly, the dealer says he’s bullish on Ondo Finance (ONDO), a challenge centered on tokenizing real-world belongings (RWAs) together with short-term bonds and US Treasuries.

“ONDO: buy ONDO for financial freedom around $0.43. One of my bags for real-world assets (RWA) this cycle, expecting good things for the future.”

Image
Supply: Altcoin Sherpa/X

Ondo is buying and selling for $0.422 at time of writing, down greater than 12% within the final 24 hours.

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Test Value Motion

Comply with us on Twitter, Facebook and Telegram

Surf The Every day Hodl Combine

&nbsp

Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses you could incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney

DailyBlockchain.News Admin

Our Mission is to bridge the knowledge gap and foster an informed blockchain community by presenting clear, concise, and reliable information every single day. Join us on this exciting journey into the future of finance, technology, and beyond. Whether you’re a blockchain novice or an enthusiast, DailyBlockchain.news is here for you.
Back to top button