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Home»Solana»A Trader Updates the Outlook for Solana, Saying Memecoin that has grown over 3,000% is ready to grow higher.

A Trader Updates the Outlook for Solana, Saying Memecoin that has grown over 3,000% is ready to grow higher.

Solana By Gavin27/06/2024
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Crypto trader who is closely monitored says that memecoin, which saw massive gains over the last five month looks to be poised for a further surge.

Altcoin Sherpa, a crypto analyst from Nepal has launched a brand new session on strategy. tells His 217,600 Twitter followers claim that the meme asset market is recovering well from the recent crash.

The trader claims that one memecoin costs $1. – DogwifhatWIF) – It is set to soar despite having already made huge gains for this year.

“Some memes are making a strong bounce from their local bottoms. WIF probably will go to at least $2.50, MOG is one of the stronger ones, and og PEPEcoin is at a solid bounce area (I own this one). Let’s see if these areas can be sustained.”

Altcoin Sherpa/X

WIF’s price in January was $0.069. At the time of this writing, WIF is currently trading for $2.16. That’s a gain in value of 3,088%.

Solana is a smart contracting platform that allows for the creation of contracts.SOLAltcoin Sherpa says He thinks the altcoin price will rise eventually to $170 but also notes it can fall back to even lower values.

“SOL: I think this goes higher overall. to be determined if this is ‘the bottom’; I kind of doubt it. I still think you get another shot at the lows again later.”

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Altcoin Sherpa/X

Solana was trading at $147 as of the time this article is written, representing a 7% increase in just 24 hours.

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Source: dailyhodl.com

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