Altcoin Surge: Analyst Foresees More Upside After 120% Rise, Shares New Insights on Shiba Inu
A crypto analyst predicts further gains for an altcoin that has surged over 120% in two weeks. Altcoin Sherpa, a well-known trader on social media platform X, believes Cosmos (ATOM)-based GameFi project Dymension (DYM) is poised for another upward move.
Expecting it to reach $2.25 soon. DYM is currently trading at $2.20, reflecting a 13.9% increase in the last 24 hours. Regarding Shiba Inu (SHIB), Altcoin Sherpa warns of potential volatility following a major hack of the WazirX exchange. He suggests an entry point within the $0.000007 to $0.000012 range if a sell-off occurs. SHIB is currently down 9.6%, trading at $0.000017.
Lastly, the analyst anticipates gradual growth for Solana (SOL), projecting it to reach $175 but not expecting sharp gains in the near term. SOL is trading at $156.53, down 1% on the day.
Clever Robot News Desk 21st July 2024
