Altcoins

Analyst Sees Ethereum Gaming Altcoin Gunning for Highs, Says One Solana-Based Coin To Do Big Numbers in 2024

A carefully adopted crypto strategist thinks that an altcoin flying beneath the radar is gearing as much as revisit its all-time excessive.

Pseudonymous analyst Altcoin Sherpa tells his 211,000 followers on the social media platform X that the native asset of the blockchain-based sport Heroes of Mavia (MAVIA) appears to be like poised for a rally towards its document excessive.

“MAVIA: one of the best trades right now, dips are for buying. Still think it guns for the highs ultimately in the coming week(s).” 

Supply: Altcoin Sherpa/X

At time of writing, MAVIA is price $8.80, down about 15% from its all-time excessive of $10.59 which it hit final month.

The dealer additionally has his radar locked on the native asset of Render (RNDR), a crypto venture designed to supply a decentralized market for Graphics Processing Models (GPUs).

In line with Altcoin Sherpa, RNDR will see extra rallies this yr even when it witnesses a quick corrective transfer.

“RNDR: would love a pullback to sub-$10 for this one. I still think it’s going to do big numbers in 2024.” 

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Supply: Altcoin Sherpa/X

At time of writing, RNDR is price $12.04.

One other coin on Altcoin Sherpa’s listing is the utility and governance token of Illivium (ILV), an open-world fantasy battle sport constructed on the Ethereum (ETH) blockchain. The analyst says that the workforce behind Illuvium continues to construct the sport even after a large worth decline in the course of the latest bear market.

“Other coins that also look good are stuff like ILV. Has another 10x to go before it goes to all-time highs. Finding these dead games with teams that are still building + more refined products = probably good to hop on the train for spot bags.” 

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Supply: Altcoin Sherpa/X

At time of writing, ILV is buying and selling for $140.81.

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