Trader who predicted Bitcoin (BTC) 2018 bottom says Solana-based Dogecoin rival will explode by over 260%
A crypto analyst who aptly characterized the Bitcoin (BTC) market's bottom six years ago says a Dogecoin (DOGE) rival built on Solana (SOL) is on the verge of a rally.
Earlier this month, pseudonymous trader Bluntz told his 236,800 followers on social media platform X that the memecoin Dogwifhat (WIF) was entering a good price zone for traders after a sharp decline.
“Nice, clean five-wave rise in WIF followed by a -77% ABC decline. I just loaded a few bags down here and some other bids are a little lower.
All in all, this is (in my opinion) a cracking entry, zero or hero, WIF to a billion.”
Source: Bluntz/X
That was on January 3rd. Now the trader says that WIF is on track to rise to $1 and that it will not sell until WIF's market cap reaches $1 billion.
“$1 wif is programmed.
not sell a single coin before the market cap reaches Billy (billions).”
WIF is worth $0.274 at the time of writing and is currently ranked 185th among cryptos in terms of market cap. A rise to $1 would represent a 265% increase for dogwifhat.
Last week, Bluntz said much the same thing about the emerging dog-themed memecoin.
“If you think this doesn't cost at least $1, you're seriously underestimating… [WIF’s potential].”
Don't miss a thing – Subscribe to receive email alerts straight to your inbox
Check price action
Follow us on Twitter, Facebook and Telegram
Surf the Daily Hodl Mix
Check out the latest headlines
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/Ruslan__Grebeshkov/Viaire
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.