Analyst Forecast: One Memecoin Set to Explode—Here’s What’s Next for SUI and POPCAT
A crypto strategist known as Bluntz believes that the memecoin dogwifhat (WIF) is primed for significant upward movement.
He informed his 289,900 followers on X that WIF is displaying multiple bullish signals against Solana (SOL). Suggesting a potential reversal. Bluntz noted that with SOL leading the market. WIF/SOL appears to be bottoming out after completing a five-wave correction, indicating it may soon outperform SOL.
At the time of writing, WIF is priced at $2.59, up nearly 6% for the day. Additionally, he sees the layer-1 protocol Sui (SUI) entering a wave-five rally aimed at reaching a new all-time high of $3; SUI is currently valued at $1.90. Reflecting a 10% increase in the last 24 hours. Lastly, Bluntz highlights Popcat (POPCAT), predicting it will continue its five-wave ascent towards a target price of $2.10; POPCAT is trading at $1.69, up more than 15% in the past day.
Clever Robot News Desk 31th October 2024
