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Home Altcoin

Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That’s Up 13,103% in Under Three Months

n70products by n70products
January 16, 2025
in Altcoin
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Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That’s Up 13,103% in Under Three Months
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A broadly adopted cryptocurrency analyst and dealer is leaning bullish on a large-cap Ethereum (ETH) competitor.

The analyst pseudonymously referred to as Sherpa tells his 239,200 followers on the social media platform X that Solana (SOL) has extra upside potential, even because the Ethereum challenger sits round 30% beneath the all-time excessive of about $263 reached in November of 2024.

“SOL fairly impartial chart general within the brief time period however I nonetheless suppose SOL goes to go a lot greater later. To be decided if it’s going to outperform Bitcoin and Ethereum over lengthy stretches prefer it has however it’s nonetheless the perfect place to gamble.”

GhSwaT4XYAAgCKd?format=jpg&name=small
Supply: Altcoin Sherpa/X

Solana is buying and selling at $186 at time of writing.

Turning to ai16z (AI16Z), Sherpa says that the AI agent crypto undertaking has bottomed out and that his earlier bearish name was “incorrect.”

GhShD25W8AI9M7T?format=jpg&name=small
Supply: Altcoin Sherpa/X

AI16Z is buying and selling at $1.30 at time of writing, up by 12,659% for the reason that November third low of $0.0102.

Subsequent up is aixbt by Virtuals (AIXBT), a crypto market intelligence platform constructed by the bogus intelligence agent undertaking Virtuals Protocol.

The broadly adopted crypto analyst says,

“AIXBT [one-hour] chart could be very fascinating. It just lately received listed with a spot market on Binance and I believe it is a gigantic change for a coin that solely had perpetuals markets. Sturdy strikes at the moment – is that this going to be the destiny of different AI cash if/once they get Binance spot? Let’s see.”

GhP96lUWMAAFzZg?format=jpg&name=small
Supply: Altcoin Sherpa/X

AIXBT is buying and selling at $0.672 at time of writing, up by 2708% from the November nineteenth low of $0.0238.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses chances are you’ll incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate internet marketing.

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Tags: AltcoinEthereumHighermonthsOutlookRivalTraderUpdates
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