One Ethereum (ETH) is predicted by a widely-followed cryptocurrency analyst and trader.ETHThe memecoin rally will be massive in the ecosystem of a rival.
The analyst is known by the pseudonym Kaleo tells His 624,300 fans on the social media platform X the memecoin activity in the Avalanche.AVAXThe blockchain technology could propel the project to new heights.
“Bros didn’t want to listen about how explosive the PEPE pump would be until after it happened. Took months of conviction. They won’t listen this time either. For most people seeing is believing. It’s meme season and AVAX will have multiple $200M-$500M plus memecoins on it. Send it higher.”
The trader predicts The native token for the layer-1 blockchain is expected to increase by at least 130% over the current price.
AVAX has fallen slightly to $42.25 as of the time of this writing.
The trader was able to make a profit over the weekend calling PepePEPEIt soared higher and further as it entered “price discovery.”
“PEPE price discovery. Send it way higher.”
Price discovery is a term used by crypto traders and analysts to describe a situation in which a coin is trading at a level it has never experienced before.
The trader predicted that PEPE would surpass the resistance level of $0.0000449.
Pepe’s price is $0.000007768 as of the time of this writing. This represents a 38% increase in just 24 hours.
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Source: dailyhodl.com
