A carefully adopted crypto strategist believes one Ethereum (ETH) competitor is primed to print positive factors of greater than 2x this yr.
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 yr.
However whereas the crypto strategist is long-term bullish on SOL, he expects the Ethereum rival to witness a pullback earlier than beginning a recent leg up.
“There’s going to in all probability going to be a pullback someplace within the $200-$250s, however I don’t know the way 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). Most likely $500+ in 2024.”
At time of writing, SOL is value $187.90, down over 6% prior to now 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 certain of $0.57 and a decrease certain of $0.40.
“Nonetheless an excellent robust coin, RSS3 is one I’m nonetheless invested in and have a bag. Ranging for now and I feel that this has been very robust amidst market volatility.”
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 targeted on tokenizing real-world belongings (RWAs) together with short-term bonds and US Treasuries.
“ONDO: purchase ONDO for monetary freedom round $0.43. Considered one of my baggage for real-world belongings (RWA) this cycle, anticipating good issues for the longer term.”
Ondo is buying and selling for $0.422 at time of writing, down greater than 12% within the final 24 hours.
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