A carefully adopted crypto strategist believes one red-hot Solana (SOL)-based memecoin could possibly be gearing up for one more transfer to the upside.
Pseudonymous analyst Altcoin Sherpa tells his 212,000 followers on the social media platform X that the E book of Meme (BOME) could rally to the $0.0190 stage earlier than dipping.
“BOME: in all probability going to be a great one to search for shorts finally. I believe this might go a bit increased first although.”
BOME opened buying and selling on March 14th at $0.000059 and at time of writing is buying and selling for $0.0132, a 22,273% achieve.
Subsequent up, the dealer is popping bullish on peer-to-peer file storage community Filecoin (FIL) after a latest dip.
“FIL: I believe that is close to bottomed. Would search for the $7.50 space all the way in which all the way down to $7. Nonetheless needs to be extraordinarily robust for 2024.”
Filecoin is buying and selling for $9.03 at time of writing, up almost 5% within the final 24 hours.
Lastly, the dealer says that Lido DAO (LDO), a liquid staking service for the Ethereum (ETH) blockchain, has been underperforming within the present market cycle to this point regardless of having robust undertaking fundamentals.
“LDO: this one all the time appears to underperform, undecided why. It’s vital infrastructure and has a lot TVL (complete worth locked) and utilization. Nonetheless, it by no means appears to moon prefer it ought to.”
Lido is buying and selling for $2.90 at time of writing, up almost 12% within the final 24 hours.
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